+
MoF's IFS launches PPP Toolkit in New Delhi Workshop
ECONOMY & POLICY

MoF's IFS launches PPP Toolkit in New Delhi Workshop

The Infrastructure Finance Secretariat (IFS) within the Department of Economic Affairs (DEA), Ministry of Finance (MoF), orchestrated a two-day hybrid workshop on November 16-17, 2023, in New Delhi. The primary aim was to sensitise Project Sponsoring Authorities (PSAs) in the roads and highways sector on structuring Public-Private Partnership (PPP) projects using a web-based toolkit.

With over 70 representatives from both the Centre and State/Union Territory Governments in attendance, the workshop addressed the challenges inherent in PPP projects. The IFS has proactively developed PPP Structuring Toolkits, encompassing web-based tools to aid Project Sponsoring Authorities in assessing project viability for the PPP mode.

This inaugural workshop, marking the commencement of a series for disseminating the toolkits, was inaugurated by Ajay Seth, Secretary of DEA, MoF Secretary Seth underscored the significance of infrastructure and the imperative to establish a portfolio of viable projects to propel India towards higher growth. He urged PSAs to identify opportunities for transitioning from Engineering, Procurement, and Construction (EPC) mode to PPP mode in infrastructure delivery.

Antony Cyriac, Adviser, DEA, highlighted the contribution of infrastructure development to GDP growth. Meanwhile, Preeti Jain, Director, DEA, stressed the importance of appropriately structuring PPP projects given their inherent complexities.

The workshop provided participants with a comprehensive understanding of the toolkit's overview and objectives through practical case studies. It delved into the intricacies of the toolkit's five integral tools:

1. Suitability Filter 2. Family Indicator Tool 3. Mode Validation Tool 4. Financial Viability Indicator 5. Value for Money Indicator tool

Additionally, the Contingent Liability Toolkit, offering a hands-on approach for PSAs to estimate potential payouts due to various contingencies, was showcased and discussed during the workshop.

The Infrastructure Finance Secretariat (IFS) within the Department of Economic Affairs (DEA), Ministry of Finance (MoF), orchestrated a two-day hybrid workshop on November 16-17, 2023, in New Delhi. The primary aim was to sensitise Project Sponsoring Authorities (PSAs) in the roads and highways sector on structuring Public-Private Partnership (PPP) projects using a web-based toolkit. With over 70 representatives from both the Centre and State/Union Territory Governments in attendance, the workshop addressed the challenges inherent in PPP projects. The IFS has proactively developed PPP Structuring Toolkits, encompassing web-based tools to aid Project Sponsoring Authorities in assessing project viability for the PPP mode. This inaugural workshop, marking the commencement of a series for disseminating the toolkits, was inaugurated by Ajay Seth, Secretary of DEA, MoF Secretary Seth underscored the significance of infrastructure and the imperative to establish a portfolio of viable projects to propel India towards higher growth. He urged PSAs to identify opportunities for transitioning from Engineering, Procurement, and Construction (EPC) mode to PPP mode in infrastructure delivery. Antony Cyriac, Adviser, DEA, highlighted the contribution of infrastructure development to GDP growth. Meanwhile, Preeti Jain, Director, DEA, stressed the importance of appropriately structuring PPP projects given their inherent complexities. The workshop provided participants with a comprehensive understanding of the toolkit's overview and objectives through practical case studies. It delved into the intricacies of the toolkit's five integral tools: 1. Suitability Filter 2. Family Indicator Tool 3. Mode Validation Tool 4. Financial Viability Indicator 5. Value for Money Indicator tool Additionally, the Contingent Liability Toolkit, offering a hands-on approach for PSAs to estimate potential payouts due to various contingencies, was showcased and discussed during the workshop.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Infrastructure Opportunity Outlook by IMPACCT.Info

India’s infrastructure pipeline is witnessing dynamic activity across stages — from immediate bidding to future planning. IMPACCT segments these into three categories: Immediate, 3–6 Month, and Future Opportunities, enabling businesses to identify, prepare, and participate in high-value tenders and projects across sectors.To read full article Click Here ..

Next Story
Real Estate

Glass, Reframed!

Glass façades, quintessential aesthetic building envelopes globally, have been widely adopted in India as well. But when the focus is high-performance building systems that deliver energy efficiency, comfort and architectural identity, glass isn’t the only preference. Combination solutions, involving glass and some other material, improve façade outcomes. Some combinations come at comparable prices, some at a higher price. Here is a selection of performance-oriented solutions...To read the full story Click Here ..

Next Story
Infrastructure Urban

Beyond Building Faster

India’s cities are expanding at an unprecedented pace, bringing new infrastructure and development opportunities while also intensifying challenges around mobility, public spaces, liveability and supporting infrastructure. The question, therefore, is not simply whether India can build faster, but whether it can build cities that work better.At a CW webinar, Are We Designing Better Cities – or Just Building Faster?, moderator Ar. Samir Shaikh, Founding Principal, AR&UD Studio, brought together perspectives from design, development, master planning and technology...To read the full artic..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code