India PPP Model

The government has floated tenders for procuring electric buses under the PM-eBus Sewa scheme, Union Housing and Urban Affairs Ministry Hardeep Singh Puri said on Friday. Under the scheme, 10,000 electric buses will be provided to 169 cities under the public-private partnership model. Addressing a press conference, Puri said his ministry's officials were in touch with bus manufacturers. "Tenders have been floated to procure buses. The bidding will be completed by the end of January." According to the plan, people travelling in these buses can buy tickets through an automatic fare system while the operators will be paid based on the travel distance. The scheme, which will continue till 2037, will have an outlay of Rs 57,613 crore, of which Rs 20,000 crore will be provided by the Central government and the remaining will be borne by the states. The government said priority will be given to cities which do not have an organised bus service. Talking about his ministry's achievements

The government is committed to fostering public, private partnership to drive further growth in the inland water transport sector, Union Minister Nitin Gadkari said on Wednesday. Addressing the third edition of the Global Maritime India Summit via video conference here, Gadkari said several national waterways are proposed under the public-private partnership (PPP) mode. The three-day mega maritime event commenced here on Tuesday. The Minister for Road Transport and Highways said "the development of waterways is very important for the development of Bharat." "We are committed to fostering public-private partnership (PPP) to drive further growth in the inland water transport sector. Several national waterways are proposed under PPP modes. "Another major initiative, which has been taken by the government is the Sagarmala project with port modernisation and new port development, port connectivity investment, port-led industrliastion and coastal community development as its four pillar

Indian Biogas Association (IBA) has urged the Delhi government to set up biogas plants under the public-private-partnership (PPP) model at landfill sites in the national capital to deal with the problem of mounting solid waste in an environment-friendly manner. In a letter to Delhi Chief Minister Arvind Kejriwal, the IBA said, "Biogas plants can be set up under the PPP model." The government can invite interested entrepreneurs to set up biogas plants at landfill sites, it suggested. Indore is the best example of how setting up biogas plants at landfill sites can reduce the environmental impacts of landfills and also help municipalities save costs, it added. The IBA opined that the biogas can help solve the landfill problem in Delhi by reducing the amount of waste that ends up in landfills and producing a clean and renewable source of energy. Further, it stated that it can help in making savings of Rs 750 crore by cost-effectively using the resources and through the generation of .

States may provide a subsidy on the price that consumers have to pay for the service to make it more affordable

Nine airports operating under the PPP model in the country are expected to log a 50 per cent growth in their aggregate revenue at Rs 9,650 crore this fiscal from Rs 6,450 crore in the last fiscal, a report said on Wednesday. The estimated growth in revenue, according to the credit rating agency CareEdge Ratings, will come on the back of an anticipated 70 per cent year-on-year surge in passenger traffic, which is likely to reach 93 per cent of pre-pandemic levels in the current financial year. However, on an overall basis passenger traffic is expected to surpass the pre-Covid level by 1.12 times in the fiscal year starting April 2023, it said. The rating agency also believes a further delay in the airport privatisation and the government's plan to exit its stake from joint venture airports. "CareEdge Ratings has assessed the aggregate financial position of nine PPP airports which represent 50 per cent of total India's passenger traffic. The aggregate revenues of these airports are .

All 16 stations will be bid out in the public-private partnership (PPP) mode in FY2023

According to officials, the state government will provide at least 10 acres on a 30-year lease at a concessional rate of 50 per cent

A public-private partnership (PPP) model will be used to create the CNG terminal project, and Gujarat Maritime Board (GMB), which now oversees the Bhavnagar Port, would be a partner in the project

With the government aiming to channel private capital to monetise brownfield operating assets, PPP may well be set to see a revival

Tata Projects Limited said on Monday that the failure of the LED project in Ludhiana will dissuade private participants in future public-private partnership (PPP) projects

The NMP document, however, is not clear on the use of proceeds of monetisation. It says 5-6 per cent of the National Infrastructure Pipeline (NIP) can be financed through asset recycling

Experts say estimates should not be used as reserve price during bidding

Defence Minister Rajnath Singh on Tuesday hailed the public-private collaboration in defence manufacturing and exuded confidence that soon India will make military products not just for domestic use, but for the entire world. He said handing over of Multi-Mode Hand Grenades (MMHG), manufactured by a Nagpur-based private firm and considered highly lethal, but safer to use, to the Indian Army was a big step towards self-reliance in defence manufacturing and a shining example of the increasing collaboration between public and private sectors. Singh said value of India's defence exports stood at over Rs 17,000 crore in the last two years. The first batch of one lakh MMHG, manufactured by Economic Explosives Ltd (EEL) following transfer of technology from Terminal Ballistics Research Laboratory of the Defence Research & Development Organisation (DRDO), was handed over to the Army in the presence of Singh at a function here, a PIB (Defence Wing) press release said. Speaking

The government has pitched for the PPP mode after India's recent good performance in the Tokyo Olympics

This year's draft NEP like its earlier versions underlines importance of coal-based power and why it is still too early to retire it despite growth in renewables

But the government's economic package has a lot going for India's private sector

A public-private partnership model will be taken up to address shortage of qualified doctors

The PPP model, successfully used in road building, needs to be revisited and modified as per international standards: Sanjiv Nanda