Tag: public-priv­ate partnership

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Maha road development corp awaits nod for ring road

Maha road development corp awaits nod for ring road

The Maharashtra State Road Development Corporation (MSRDC) is waiting for a go-ahead from the State infrastructure committee to start work on the proposed 170-km ring road around Pune and Pimpri-Chinchwad. The Corporation's officials said it would be a public-private partnership.

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Govt to adopt EPC model again for road projects

Govt to adopt EPC model again for road projects

Reports indicate that the union government prefers to award road projects on engineering, procurement and construction (EPC) model because of poor interest shown by developers for PPP (BOT) model. It is learnt that the recent award of road projects witnessed a considerable decline in the number of bidders on the BOT toll basis

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Govt to adopt EPC model again for road projects

Govt to adopt EPC model again for road projects

Reports indicate that the union government prefers to award road projects on engineering, procurement and construction (EPC) model because of poor interest shown by developers for PPP (BOT) model. It is learnt that the recent award of road projects witnessed a considerable decline in the number of bidders on the BOT toll basis

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Lenders in road sector’s PPPs to get more powers

Lenders in road sector’s PPPs to get more powers

In the road sector of the country, lenders are set to get more flexibility in public-private partnership (PPP) projects, where investor interest is waning. The government is planning to amend the model concession agreement (MCA) for road sector PPPs, empowering lenders to seek replacement of a concessionaire failing to meet milestones even before the project starts commercial operation.