Kelkar Comm on PPPs presses right buttons—sector regulators, tailored concessions, 3P India, provision for renegotiation etc. Welcome.
Tweet: Kelkar Comm on PPPs presses right buttons—sector regulators, tailored concessions, 3P India, provision for renegotiation etc. Welcome.
Tweet: Practical & robust recommendations in the just released Kelkar Comm Report on revitalising PPPs. Important that Govt now acts on them.
Kelkar Committee’s suggestions for reviving PPP: The Kelkar Committee has made a slew of prescriptions to revive PPP for infrastructure projects. These include, among others, issuance of zero-coupon bonds by banks to developers, equity divestment by the government from completed projects and removal of restrictions on monetisation of projects after the engineering, procurement and construction (EPC) work is completed.
Tweet: Publ exp in infra strategy beginning to pay off. Latest ICRA Report says “eco recovery narrowly focused on roads, rlys, transmission….”
Infrastructure key driver of economic recovery: In a gloomy global scenario, Indian economy was a ‘bright spot’ in 2015 as it continued to grow at 7-7.5%. With roads, railways, power transmission and passenger vehicles driving growth, new project announcements rose 5.9% in the second quarter of FY16 over the same period last year, according to ICRA Report.
Tweet: Another ‘Competitive Governance’ strategy. Urban Min asks Quality Council of India to rank 75 cities on cleanliness, sanitation & hygiene.
Cities to compete for cleanliness: In a move to foster healthy competition, the Swachh Sarvekshan survey will be conducted to evaluate performance—and rank—of 75 cities on parameters such as construction of household and community toilets, garbage collection, waste management and treatment. The survey will be extended to cover 500 cities next year and 4,041 in the subsequent year.
Tweet: Another PuPuP (Public-Public Partnership): Cabinet approves JVs between States & Rlys. Expected to fast track land & other local issues.
Building partnerships: Joint ventures between states and railways are expected to pave the way for improved implementation of railway projects. Each joint venture will have an initial paid-up capital of R100 crore, and based on the projects to be undertaken, further funds will be provided on approval of the project.
Tweet: 19,000 hectares of forest land use for Amaravati being examined by EnvMin. Could not the master planners have embraced forest land in design?
Amaravati faces green hurdle: The Andhra Pradesh government has sought permission for diversion of 19,000 hectares of forest land for building its capital. Associated infrastructure could actually raise the total affected forest area to 50,000 hectares.
Tweet: Sun shines brightly on Solar Rooftop “encouragement” budgetary provision. Just got increase from Rs 600 crs to Rs 5,000 crores. 4,200 MW exp by 2020.
Empowering rooftop solar systems: Cabinet Committee on Economic Affairs’ decision to scale up budgetary provision is aimed at escalating implementation of Grid Connected Rooftops systems over a period of up to five years. Generating capacity of 4,200 MW is expected to be reached through residential, government, social & institutional sectors.
Tweet: Empire strikes back: 9 loss-making airports in Gujarat including Baroda, Surat, Rajkot & Jamnagar. Reason—easy road and rail linkages.
Loss-making airports abound in Gujarat: Of the 96 loss-making airports across the country, nine are to be found in Gujarat. Vadodara airport registered highest loss with R26.68 crore in 2014-15, followed by Surat and Rajkot with losses of Rs 26.05 crore and Rs 13.73 crore, respectively.
Tweet: Speaker asks for new building to house Parliament. Should also insist on it having modern technologies that can prevent disruption to House.
Parliament House: in distress?: Speaker Sumitra Mahajan has urged the urban development minister to consider her proposal of constructing a new state-of-the-art Parliament House as the 88-year-old structure is showing signs of distress and will not be able to meet the demand for more seats in the future.
—Vinayak Chatterjee is Chairman of Feedback Infra
His Twitter handle: @Infra_VinayakCh
A weekly selection of the author’s tweets—with a brief backgrounder—in the infra space, by Adite Banerjie