Adani Ports for minimum 50yrs of concession period

16 Aug 2023 CW Team

On Monday, Adani Ports and Special Economic Zone (SEZ) emphasized the necessity for a Public-Private Partnership (PPP) model in infrastructure projects that included a "extended" concession duration of at least 50 years and a thorough dispute resolution process.

The recommendations made by Adani Ports and SEZ CEO (Ports) Subrat Tripathy at the 3rd Global Maritime India Summit 2023 roadshow here were in line with the ongoing discussions intended to strengthen India's maritime infrastructure and draw sizeable foreign investments. "I want to emphasize that a 30-year concession period could not be sufficient to the minister and the offices of the Ministry of Shipping for both shipping and. A 50-year concession period would be more advantageous, according to Tripathy, even if the current concession regime already acknowledges the capacity to roll over.

This would give investors more motivation to step up and make sure that the necessary revenues are met, he continued. Tripathy stated in his talk that it would also aid in reducing the possibility of the capital expenditure cycle being threatened near the end of a concession period. He applauded the West Bengal government's initiative in offering a 99-year concession period for the state's Tajpur deep sea port's development. The state's port will be built and run by Adani Port, who won the contract.

Tripathy also emphasized the importance of including effective departure policies and dispute resolution mechanisms in the concession agreements.

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..