Public-private partnership
‘’Acche Din Ane Wale Hain’’ (The good days are here) was the main mantra of the BJP campaign. Looks like the CM of Uttar Pradesh Akhilesh Yadav has taken it seriously and has planned to set up low cost hospitals at all districts of U.P under Public Private Partnership (PPP) model. In a meeting held [...] Continue Reading »
While taking back nearly 1,400 acres of land allotted for developing one of the country’s biggest special economic zones (SEZs) under the public-private partnership or PPP model the Punjab and Haryana High Court has questioned the Haryana government for taking no action against Reliance Industries BSE -0.26 % Ltd ( RILBSE -0.26 %) The state [...] Continue Reading »
The government had plans under public-private partnership (PPP) model to build the Rs 6,290-crore Eastern Peripheral Expressway (EPE) project. The government had to scrap the project as it did not attract any bids. The deadline was Apr 4. NHAI did not receive any bids forcing it to plan the project under conventional engineering procurement construction [...] Continue Reading »
The BJP manifesto made at least three promises of direct interest to real estate developers. The party promises to put up 100 new cities, develop a national land use policy and nationally roll out a low-cost housing plan. For investors in property and for the sector as a whole, the promise to upgrade infrastructure and [...] Continue Reading »
The ministry of road transport and highways has started an exercise to estimate their revenue from toll collection to see if the government can build more roads with the help of its own resource. The PPP projects have been suffering of late and private players have been complaining of the low growth in the toll [...] Continue Reading »
Due to Urbanization and migration of peoples towards cities, the government has to consider about urban mass rapid transit systems which are also known as metro railways to reclaim much of the lost ground in urban planning. At least 10 metro projects are at the different phases of planning and implementation. These projects would need [...] Continue Reading »
In the third year of the UPA-II regime a large part of the project to build 2,500 km of highways was awarded which has now been cancelled. In 2011-12 most of these projects were awarded by the National Highways Authority of India (NHAI). Because of the economic slowdown in the succeeding years 2012-13 and 2013-14 [...] Continue Reading »
The Taurus Investment Holdings, LLC, a global PE investment and development firm is planning to invest Rs. 1, 200 crore in IT and social infra at Technopark, Thiruvananthapuram. Mr. Ajay Prasad, Managing Director, India, Taurus Investment Holdings says that these 1,200 crore is part of proposed 3,000 crore which is to be invested in developed assets [...] Continue Reading »
The Hyderabad Metropolitan Development Authority (HMDA) has concluded the concept for its Hyderabad Habitat Centre and sent it for acceptance of the municipal administration and urban development (MA&UD) department. The Hyderabad Habitat Centre (HHC) is constructed in about 12.5 acres at Izzatnagar near Hi-Tech City railway station, for promotion of heritage, art and culture on the lines [...] Continue Reading »
In highway projects, the Centre needs to re-analyse public-private partnership (PPP), such that primary spadework and the garnering of statutory approvals is done by the government, before inviting bids. Or else, the absolute uncertainty over environmental, forest and other clearances would not just incredibly delay projects, however also unnecessarily shoot up costs and, indeed, make [...] Continue Reading »
