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PPP model

Urban Transport Projects: Institutional Framework is the need of the hour

As we at CommonFloor write this, Railway Minister, Sadananda Gowda has already presented the maiden Rail Budget in the Lok Sabha. If we were to believe Narendra Modi’s words, “this budget shows where we want to take the railways and at the same time where we want to take India through the railways.”   With […]

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Golden-Quadrilateral-project1

Diamond Quadrilateral project: Modi’s High Speed Railway Dream

Addressing a conference by NAREDCO, Amitabh Kant, MD of DMIC once said, “Land is the scarcest resource. Thus, planning must be done efficiently with major focus on transit-oriented development as we need to built cities for people not for cars.” Somewhat similar views were echoed by BJP’s Manifesto on 7th April 2014 — “Indian Railways […]

nikunj.j

Road Ministry plans new framework for building expressways

The Road ministry is planning to draft a new contractual framework for building more investor-friendly expressways. In this regard, the new Model Concession Agreement (MCA) will address the crucial issue of revenue collection on expressways, thereby enabling to overcome the limitations of the current contractual agreement. NHAI creates new division to handle large expressways: Expressways […]

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Issues Faced by Exit Policy for Highway Projects

The exit policy for highway projects that was announced in July, 2013 has encountered a new hurdle. The policy that intended to release equity into the sector was being reworked by the highways ministry to make it more acceptable to investors. However, the Department of Economic Affairs (DEA) has come out in defense of the […]

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Govt looking to revive the Public-Private-Partnership (PPP) model for road infra projects

The Central Road Transport ministry has decided to abandon the Build-Operate-Transfer (BOT) model for awarding 5,000 km of road projects for the rest of the financial year 2013-14. This decision was taken following the poor response evinced by private players to this model. Over-reliance on EPC not feasible: This setback has put the Public-Private-Partnership (PPP) […]

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