Model concession agreement
The ailing road building and infrastructure sector is to get a new lease of life by the highways ministry’s decision to float Cabinet notes on the three key issues that have blocked these projects. These three action areas are: the liberty to choose the mode of project implementation, the power to make changes in the model [...] Continue Reading »
The Airport Authority of India (AAI) plans to seek a new agreement for airport privatisation with the government soon, now that the new Civil Aviation Ministry has taken charge in New Delhi. With some reservations by the previous government having stalled the concession agreement which the AAI had prepared in March this year, the AAI plans to [...] Continue Reading »
The National Highways Authority of India (NHAI) is expected to put forth a request before the new Central Government to frame requisite policies which align the bid process with the needs of the projects. The request which the NHAI is likely to make to the new Government will largely have to do with the agency [...] Continue Reading »
The weakened highways sector could get a boost with the government planning to do new construction and development model that will make it cheaper to build and operate projects. This modified annuity-based model is expected to help the government to build highways owing to lack of interest by the private sector of late, towards a [...] Continue Reading »
