From correspondents in Delhi, India, 05:30 PM IST
The Public Private Partnership Appraisal Committee (PPPAC) has granted fresh approval to 13 infrastructure development projects worth Rs.79.46 billion ($1.98 billion) under the public private partnership model.
The approval was granted in the 14th PPPAC meeting, chaired by the finance secretary, April 30. The projects are located in 10 states.
Of the 13 projects, 10 are national highway projects developed in Assam, Uttar Pradesh, Orissa, Tamil Nadu, Punjab, Rajasthan, Andhra pradesh and Karnataka.
Two are dedicated for non-metro airport projects - the city side development of Udaipur Airport in Rajastan and Amritsar Airport in Punjab.
One project has been approved for renovation of the Old Mint Complex and development of tourism infrastructure in West Bengal.
Since its inception in January 2006, PPPAC has granted approval to 52 projects, with an estimated project cost of Rs.350.68 billion.
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By way of a general comment based on this news, while it is heartening to know that several projects are being 'appraised' and approved in a hitherto neglected sector of infrastructure, the PPAC should enlighten the public with info on the +ve and the -ve experiences gained with such projects already in OPERATION. The law makers shd.,besides, study such information and amend the relevant laws, rules and practices based on PPAC's reports. This is because there may be peculiarities to be learnt in the public and private sectors' collaborations.
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