Saturday 04 February 2012 Government 2.0: The Road Ahead
India okays 13 PPP projects worth Rs 7,946 Cr

The Public Private Partnership Appraisal Committee (PPPAC) in India has approved 13 projects from three sectors—national highways (10 projects), tourism infrastructure (one project) and non-metro airports (two projects)—worth Rs 7,946 crore.

New Delhi: The Public Private Partnership Appraisal Committee (PPPAC) in India has approved 13 projects worth RS 7,946 crore across the country. The projects include development of National HIghways , tourism infrastructure and non-metro airports on public private partnership (PPP) basis.

The projects will be carried in 10 states. It also includes development  of Udaipur and Amritsar airports besides developing tourism infrastructure in West Bengal and strengthening the national Highways network in Tamil Nadu, Punjab, Orissa, Uttar Pradesh, Assam and Rajsthan.

Since its constitution in January 2006, PPPAC has granted approval to 52 projects, with an estimated project cost of Rs 35,068 crore, the Ministry added.

The PPPAC has been adding value by shortening the approval process within the government, reducing the transaction costs and acting as a central focal point for identifying and disseminating best practices in rolling out PPPs across sectors and ministries of the government.

Development and use of PPPs for delivering infrastructure services has now at least 10 years of precedence in India, with the majority of projects coming in line in the last five years, the Ministry informed.

The 13 projects approved are as follows:

table_ppp.jpg

—iGovernment Bureau

Post new comment

Content limited to 50 characters, remaining: 50
Content limited to 1500 characters, remaining: 1500
CAPTCHA
This question is for testing whether you are a human visitor and to prevent automated spam submissions.
Image CAPTCHA
Enter the characters shown in the image.
 
Todays Main News »

Sign up for your free email iGovernment newsletter