 "Finance Ministry, Ministry of Finance")
The Finance Ministry on Friday organised a two-day workshop to sensitise project sponsoring authorities (PSAs) of the roads and highways sector on how to structure PPP projects using a web-based toolkit.
The workshop organised by the Infrastructure Finance Secretariat (IFS) in the Department of Economic Affairs (DEA) was attended by more than 70 representatives of Centre and state/UT governments, the finance ministry said in a statement.
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Recognising the challenges inherent in PPP projects, IFS has developed the PPP Structuring Toolkits, offering web-based tools to assist project sponsoring authorities in evaluating project viability for PPP mode.
The workshop, which is the first in a series of workshops for dissemination of the toolkits, was inaugurated by Economic Affairs Secretary Ajay Seth.
He highlighted the importance of infrastructure and the need to create a shelf of viable infrastructure projects to take India on a higher growth trajectory.
Seth further emphasised that PSAs may identify the opportunities, wherein they can move the needle from EPC (engineering, procurement, construction) mode to public-private partnership (PPP) mode for infrastructure delivery.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
