Ppp Projects

Committed to develop PPP model for inland water transport sector: Gadkari

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

Govt looking for private investors to run MCCL in PPP mode: Conrad K Sangma

Meghalaya Chief Minister Conrad K Sangma on Tuesday told the Assembly that despite infusing Rs 350 crore of funds, the state's oldest cement company MCCL could not be revived forcing the government to look for private investors to run it in a PPP mode. The Mawmluh Cherra Cement Ltd (MCCL) is the oldest public sector undertaking unit and is the only state-owned cement plant set up in the early 1960s (then undivided Assam) in limestone rich Sohra but has lately suffered making it a loss-making enterprise. "Since 2006 till date, Rs 350 crore has been infused into the Mawmluh Cherra Cement Limited and in the last five years alone Rs 100 crore has been infused, mostly to pay salaries and other dues," the CM said during Question Hour. "With so much investment, we are not able to revive it. For the government to continue investing in it may not be possible," he said, adding that the PPP mode is what the government is eyeing presently. Stating that the government is pushed to "look at ...

DMRC-RInfra controversy shows potential glitches in framing PPP contracts

The Public Private Partnership Appraisal Committee has cleared 79 projects with a total project cost of Rs 227,268.1 crore from FY15 to FY23, noted the latest Economic Survey

Vizhinjam protests: FIR filed against 3,000 people; 36 cops injured

The protests are expected to cast shadow on the completion of the first phase of the project in December 2023

RIL awarded project to make India's first multimodal logistics park

RIL emerged as the winning bidder for the public-private-partnership (PPP) project, with its own investment pegged at Rs 783 crore

Govt notifies enhanced financial support for Central, state PPP projects

Funding under IIPDF Scheme is in addition to Viability Gap Funding Scheme notified in December 2020

Railways to invite bids for redevelopment of 4 stations in 3-5 mths: Report

The stations are Anand Vihar in Delhi, Vijayawada in Andhra Pradesh, Thane and Mumbai Central in Maharashtra

Colleges to be set up under PPP model in Chhattisgarh's remote areas

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

Centre approves development of a container terminal in Kandla Port

With the container terminal, the Centre intends to make Kandla Port competitive against its private peers, which have been growing at a rapid pace, especially since the pandemic

Two sweeping reforms likely in debt-ridden NHAI's HAM framework

Authority plans to slash developer upfront payment, reduce timeline for financial closure

Nitin Gadkari invites US bizmen to invest in Indian highway projects

The minister recently announced that the NHAI InvIT will soon be open to retail investors, and will assure them a minimum return of 7-8 per cent.

Railways eyes Rs 30,000-crore revenue with new land licensing fee policy

Sources also indicated that the current policy was causing a lot of leasable Railways land to go idle, notwithstanding the potential for terminal operations

Chhattisgarh's first ethanol plant to come up in Kabirdham district

The establishment of an ethanol plant will generate direct and indirect employment opportunities in the region and boost economic prosperity in the region.

A quarter century of public-private partnership

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

Karnataka to issue tenders for developing marina facilities in PPP mode: CM

Marina facilities, which will be set up at Byndoor, Mangalore and Malpe coastal areas, would be a place for leisure, tourism and business development activities in lines of Singapore, he said.

Godi India to bring out first domestic made lithium-ion cell by August

Signs public private partnership deal with CSIR-CECRI to run an advanced Lithium-ion cell manufacturing unit in Chennai; plans to invest $3 billion over next five years

Ministry of Railways to monetise redeveloped stations through REITs

The decision assumes significance as MoR has been lagging behind in achieving its targets under the National Monetisation Pipeline (NMP) of the Centre, during the last fiscal year

Centre wants to create framework for PPP in farm sector: Agriculture Secy

Manoj Sinha said work on the framework is ongoing, private players are encouraged to share their inputs

Faster security clearance of bidders on cards for PPP port projects

Under this, prominent players and regular bidders in government tenders would not need to go through repeated clearances under normal circumstances.

Measures to rejuvenate public-private partnerships

Public-private partnership, or PPP, is back in the reckoning with numerous new projects from ropeways to logistics parks being offered under this format