31 PPP projects worth over Rs 14,600 cr to be awarded till FY25

05 Dec 2021 CW Team

According to Sonowal, the sector currently has over 80 PPP per landlord projects in various stages with a total investment of over Rs 56,000 crore. There are 53 projects worth Rs 40,000 crore in operation, and 27 projects worth more than Rs 16,000 crore are in the planning stages.

The Minister informed that the Model Concession Agreement (MCA) – 2021 will increase the confidence of developers, investors, lenders, and other stakeholders in the Ports sector by incorporating many changes based on best practices from other sectors and extensive stakeholder consultation. Looking ahead, the Ministry of Ports, Shipping and Waterways has a clearly defined pipeline of 31 projects worth more than Rs 14,600 crore that will be awarded on a PPP basis until FY25, and it anticipates a positive response from stakeholders to the new MCA - 2021.

Shri Sonowal explained that the provision of Change in Cargo due to Change in Law or Unforeseen Events has been introduced in the Model Concession Agreement (MCA) – 2021.

According to Sonowal, there have been cases in the past where traffic for a particular commodity dropped during the concession period due to external and unforeseen factors, affecting the terminal's overall viability. The concessionaire lacked the flexibility to handle a different cargo, and the asset built was not being used to its full potential. This provision, according to the Minister, will give the concessionaire the flexibility to change cargo in such a situation while also lowering the concessionaire's risk.

According to Shri Sonowal, the new MCA allows concessionaires to set their tariffs based on market conditions, allowing private terminals at Major Ports to compete with private ports for cargo on a level playing field. A provision for compensation in the event of Concessionaire default before Commercial Operations Date (COD) has also been added to reduce risk to lenders and make the project more bankable.

Image Source

Shri Sarbananda Sonowal, Minister of Ports, Shipping & Waterways, today announced the revised Model Concession Agreement (MCA) - 2021 for PPP projects at Major Ports. The new MCA, Sonowal said in a statement, will apply to all future PPP projects at major ports, as well as projects that have already been approved by the government but are still in the bidding process. According to Sonowal, the sector currently has over 80 PPP per landlord projects in various stages with a total investment of over Rs 56,000 crore. There are 53 projects worth Rs 40,000 crore in operation, and 27 projects worth more than Rs 16,000 crore are in the planning stages. The Minister informed that the Model Concession Agreement (MCA) – 2021 will increase the confidence of developers, investors, lenders, and other stakeholders in the Ports sector by incorporating many changes based on best practices from other sectors and extensive stakeholder consultation. Looking ahead, the Ministry of Ports, Shipping and Waterways has a clearly defined pipeline of 31 projects worth more than Rs 14,600 crore that will be awarded on a PPP basis until FY25, and it anticipates a positive response from stakeholders to the new MCA - 2021. Shri Sonowal explained that the provision of Change in Cargo due to Change in Law or Unforeseen Events has been introduced in the Model Concession Agreement (MCA) – 2021. According to Sonowal, there have been cases in the past where traffic for a particular commodity dropped during the concession period due to external and unforeseen factors, affecting the terminal's overall viability. The concessionaire lacked the flexibility to handle a different cargo, and the asset built was not being used to its full potential. This provision, according to the Minister, will give the concessionaire the flexibility to change cargo in such a situation while also lowering the concessionaire's risk. According to Shri Sonowal, the new MCA allows concessionaires to set their tariffs based on market conditions, allowing private terminals at Major Ports to compete with private ports for cargo on a level playing field. A provision for compensation in the event of Concessionaire default before Commercial Operations Date (COD) has also been added to reduce risk to lenders and make the project more bankable. Image Source

Real Estate

05 Nov 2025

83% of Indian Employees Welcome Office Return: JLL Report

India is leading the global Return-to-Office (RTO) movement, with 82 per cent of employees currently under office-based work mandates and 83 per cent expressing positive sentiment toward the shift, according to JLL’s Workplace Preference Barometer 2025. This enthusiasm positions India well above the Asia-Pacific average of 64 per cent, underscoring the country’s progress in creating people-centric, flexible, and productive workplaces.The technology, BFSI, and education sectors are at the forefront of this RTO trend, with Indian corporates excelling in designing work environments that balan..

Real Estate

05 Nov 2025

ServeU, PureBlue Water Partner to Boost Sustainable Water Management in UAE

ServeU, a subsidiary of Union Properties and a leading facilities management provider in the UAE, has signed a strategic partnership with PureBlue Water, an innovator in sustainable water and wastewater technologies. The collaboration aims to promote efficient water use, cost reduction, and circular water management across the UAE’s residential, commercial, industrial, and leisure sectors.This partnership integrates ServeU’s regional expertise with PureBlue Water’s advanced distributed treatment systems, offering a sustainable alternative to traditional centralized sewer networks. These ..

Infrastructure Urban

05 Nov 2025

Eurobond Expands Global Footprint with Launch of Eurobond Europe

Euro Panel Products, the parent company of Eurobond, has announced its official entry into the European market with the launch of Eurobond Europe, which will serve as the brand’s exclusive distributor across the region.Established in 2002, Eurobond is among India’s leading manufacturers of Aluminium Composite Panels (ACP) and façade solutions. With a state-of-the-art facility in Gujarat and exports to over 20 countries, the company continues to set benchmarks in quality, design, and innovation. Its expansion into Europe marks a strategic step in strengthening its global presence.Divyam Sh..