Search Result for : Ppp

By Abin Daya The power sector in India is one which has been classified as a ‘negative’ industry by a number of lenders due to the woes surrounding ailing thermal power producers. However, the renewable energy segment was always looked upon favourably due to the phenomenal growth exhibited in the past few years. This segment too might be going through a period of change as we see in this week’s update. While wind energy might be looking at a period of slow growth, changes in duty structures are what the solar power generators might have to encounter. On the infrastructure side, some good news for developers who have been trying to avail financing for projects under the Hybrid Annuity Model. While lenders ...

The Dollar Business Bureau Mineral exploration in the country is presently constrained due to lack of participation from the private sector, said Power, Coal, New & Renewable Energy and Mines Piyush Goyal, and suggested a public private partnership (PPP) model to provide a fillip to the mineral exploration activity. “The time is ripe to reflect on where we had gone wrong”, the Minister said while addressing a conference on ‘Indian Mining Industry 2030 - Way Forward’, organised jointly by FICCI and Ministry of Mines on Tuesday. He suggested setting up of a committee that consists of young mining aspirants for developing a position paper to expedite exploration activities. “This committee should look at innovative ways to bring down the time of actual operation of mine after it ...

The Dollar Business Bureau As per the measure of revenue passenger kilometres (RPK), a unit used to measure passenger volume, International Air Transport Association (IATA) reported that India’s domestic passenger traffic, during the month of March 2017, grew at the slowest rate since September 2015. “China overtakes India as the fastest growing domestic market,” the monthly report stated. Monthly air passenger market analysis report released by the international association, recorded a robust 7% first quarter global growth in passenger demand, which is well ahead of the long-run average of around 5.5%. However, the report cited the reasons for slow demand growth in India to be the ‘reduced cash supply’ and ‘wider economic uncertainty’. To add to this sombre result, ICRA’s report further dulled the ...

The Dollar Business Bureau From Budget 2017, CII demands privatisation of 100 public sector units along with construction of 50 railway stations via public-private partnership (PPP) by the end of 2017. In order to boost the shrinking private investment, CII President Naushad Forbes wants all disputes involving public-private partnerships to be resolved. Resolution of these long pending disputes will, according to him, bring back positivity in investor sentiment. "By December 2017 we should do three things -- we should privatise 100 firms, we should ensure all pending disputes of PPPs are resolved using the Kelkar Committee recommendations and we should have 50 train stations developed by public- private partnership (PPP) mode," he said. The Kelkar Committee, headed by former finance secretary Viijay Kelkar, in December 2015, had looked into some fundamental issues which were clogging the PPP ...

The Dollar Business Bureau China will encourage public-private partnerships (PPP) in the nations participating in the Belt and Road Initiative or One Belt One Road (OBOR) initiative, a trade and infrastructure network connecting Asia with the Europe and Africa with the ancient trade route, said an official on Sunday. He Lifeng, Deputy Head, National Development and Reform Commission (NDRC), said NDRC and other departments, in order to encourage the PPP model in nations along the routes, have come up with the mechanism. However, he did not divulge more details. The PPP model would help in facilitating the growth of the projects as it widens the financing channels for the forms, he said. Innovative financing mechanisms were essential as some projects under Belt and Road Initiative need huge investments ...

PTI Indian Railways cannot improve its infrastructure unless it adopts innovative forms of financing and more positive collaboration with the private sector, chairman of the Banks Board Bureau Vinod Rai has said.Indian Railways' massive infrastructure programme includes redevelopment of 408 major stations through private sector participation via online auctions."Unless it (Indian Railways) can involve innovative forms of financing and more positive collaboration with the private sector, its lack of infrastructure would only increase," said Rai in a report published by the Institute of South Asian Studies (ISAS), a Singapore-based think-tank.He noted that Railways' concerted efforts in the recent past to expand, modernise, decentralise decision-making, improve efficiency, meet customer expectations, move to clean energy and introduce greater transparency through e-tendering.The rationale ...

The Dollar Business Bureau Finance Minister Arun Jaitley will on Thursday inaugurate a seminar on long-term infrastructure financing and best-practices for public-private-partnership projects in the BRICS group. India will organise the next BRICS (Brazil, Russia, India, China and South Africa) summit in Goa next month. The finance minister will inaugurate the seminar on ‘Best Practices in PPPs and Long-term Infrastructure Financing of BRICS Countries’ on September 22, the Finance Ministry statement said in a statement. The seminar will focus on three technical sessions: innovative investment vehicles for long term infrastructure investment; regulatory issues and financing of infrastructure; and PPP Project Delivery and Post Award Contract management. “Outcomes of this seminar could go a long way in better understanding and optimally utilizing the Best Practices in ...

The Dollar Business Bureau The Indian agriculture sector is expected to grow at 3%, while the industry and services sectors are expected to grow at the rate of 8.2% and 9.8% respectively according to the industry body Confederation of Indian Industry (CII). India is likely to remain the fastest growing economy in the world. The country would certainly register 8% GDP growth in FY 2017 due to normal monsoons, low interest rates, positive investor sentiments and FDI inflows, said Naushad Forbes, President of CII. The CII has taken several initiatives to establish Start-up Centers in the States through public–private partnership (PPP) – an institution for incubation of potential entrepreneurs to build future business houses creating large scale employment opportunities. This incubation programme would ...