The document introduces Orissa's Public Private Partnership policy. It aims to leverage private investment to improve infrastructure and service delivery through public-private partnerships. Key objectives include setting up transparent mechanisms, identifying projects for PPPs, providing necessary funding and risk frameworks, and establishing institutions like the Empowered Committee on Infrastructure and PPP Cell to facilitate PPP projects. The policy covers various infrastructure sectors and provides state support through legislative, administrative and financial means, including establishing an Infrastructure Development Fund. It also outlines protections for stakeholders' rights in PPP projects.
The Government of Odisha plans to create a conducive environment for Startups, empower them to grow through
innovation and design, create a world-class scientific ecosystem and enable its youth to pursue their dreams within the State. Learn more about Odisha's Startup Policy here.
The Government of Odisha plans to create a conducive environment for Startups, empower them to grow through
innovation and design, create a world-class scientific ecosystem and enable its youth to pursue their dreams within the State. Learn more about Odisha's Startup Policy here.
In this issue of #LanguageOfGrowth Series, we bring to you the finer print from the Budget, the opportunities that will arise
and the benefits that start-ups operating in particular sectors can enjoy. Many of these benefits may not be for that particular
Industry directly but the measures indirectly create opportunities.
We hope these insights will help you look at your own Industry as well as allied ones as also identify new areas to work in.
CA Prajakta Shetye-Deo
CA Vinit Vyankatesh Deo
My first time drafting an agreement, that was many years ago. It was made for fun and for AIESEC use only.
Sharing with you my dear readers who may find it useful.
Feel free to connect with me at maxermesilliam@gmail.com.
Working of State Finance Commissions in IndiaRavikant Joshi
This PPT delivered to Scholars of Indian School of Public Policy critically examines role played by State Finance Commissions in India which were created after 74th Constitutional Amendment to review sharing of resources between States and ULBs
Investor Sentiments & Emergence of Tier II City - Pune as a Startup DestinationVinit Deo
Report on trends in funding to startups during the period 2014 to 2021 prepared by Centre for Innovation, Incubation & Enterprise, Savitribai Phule Pune University in association with Posiview Ventures.
Authors: Dr Apurva Palkar, CA Vinit Deo, CA Prajakta Shetye-Deo
Municipal Finances in India and Alternative Sources of Municipal FinanceRavikant Joshi
This PPT delivered to CEPT University Students provides detailed and latests information about municipal finances in India as of 2021 and discusses potential of alternative sources of finance for municipal bodies of India
The National Treasury, PPP Unit Health Infrastructure Development and Servi...Emmanuel Mosoti Machani
The National Treasury's PPP Unit's Mr. Wycliffe Ondieki presented on health infrastructure financing gaps, crowding-in finance for health sector PPPs and support for both private and public sector actors in PPPs.
National Treasury, PPP Unit. PPPs in Kenya. Context, Legal and Institutional ...Emmanuel Mosoti Machani
The National Treasury's PPP Unit's second presentation at the 2nd Health Sector Development Partner Forum provided the context, rationale and principles of PPPs as well as the institutional framework.
Defining the role of County (CA) PPP Nodes, the involvement of Transaction Advisors and the PPP life-cycle.
A study report on Pooled Finance Development Fund, from the purview of public transport studies- towards the partial fulfillment of credits for the course Development Finance at the School of Planning and Architecture, New Delhi (November 2020)
Smart Republic - Multi Partner Platform for Collaborative Development of Smart Cities and Smart Villages.
Smart Republic 2018 is envisaged as a Multi Partner global forum to deliberate on the collaboration framework between government and multiple agencies like the World Bank, UN Habitat, UN Global Compact, Asian Development Bank, Industry and academia for achieving shared goal of making India a Smart Republic by 2022. Smart republic forum will focus on innovative ICT and New Media platforms and deployment of best practices to catalyse effective, coordinated and results-based implementation of 100 Smart Cities Program, AMRUT, HRIDAY and RURBAN missions to achieve the Sustainable Development Goals (SDGs).
In this issue of #LanguageOfGrowth Series, we bring to you the finer print from the Budget, the opportunities that will arise
and the benefits that start-ups operating in particular sectors can enjoy. Many of these benefits may not be for that particular
Industry directly but the measures indirectly create opportunities.
We hope these insights will help you look at your own Industry as well as allied ones as also identify new areas to work in.
CA Prajakta Shetye-Deo
CA Vinit Vyankatesh Deo
My first time drafting an agreement, that was many years ago. It was made for fun and for AIESEC use only.
Sharing with you my dear readers who may find it useful.
Feel free to connect with me at maxermesilliam@gmail.com.
Working of State Finance Commissions in IndiaRavikant Joshi
This PPT delivered to Scholars of Indian School of Public Policy critically examines role played by State Finance Commissions in India which were created after 74th Constitutional Amendment to review sharing of resources between States and ULBs
Investor Sentiments & Emergence of Tier II City - Pune as a Startup DestinationVinit Deo
Report on trends in funding to startups during the period 2014 to 2021 prepared by Centre for Innovation, Incubation & Enterprise, Savitribai Phule Pune University in association with Posiview Ventures.
Authors: Dr Apurva Palkar, CA Vinit Deo, CA Prajakta Shetye-Deo
Municipal Finances in India and Alternative Sources of Municipal FinanceRavikant Joshi
This PPT delivered to CEPT University Students provides detailed and latests information about municipal finances in India as of 2021 and discusses potential of alternative sources of finance for municipal bodies of India
The National Treasury, PPP Unit Health Infrastructure Development and Servi...Emmanuel Mosoti Machani
The National Treasury's PPP Unit's Mr. Wycliffe Ondieki presented on health infrastructure financing gaps, crowding-in finance for health sector PPPs and support for both private and public sector actors in PPPs.
National Treasury, PPP Unit. PPPs in Kenya. Context, Legal and Institutional ...Emmanuel Mosoti Machani
The National Treasury's PPP Unit's second presentation at the 2nd Health Sector Development Partner Forum provided the context, rationale and principles of PPPs as well as the institutional framework.
Defining the role of County (CA) PPP Nodes, the involvement of Transaction Advisors and the PPP life-cycle.
A study report on Pooled Finance Development Fund, from the purview of public transport studies- towards the partial fulfillment of credits for the course Development Finance at the School of Planning and Architecture, New Delhi (November 2020)
Smart Republic - Multi Partner Platform for Collaborative Development of Smart Cities and Smart Villages.
Smart Republic 2018 is envisaged as a Multi Partner global forum to deliberate on the collaboration framework between government and multiple agencies like the World Bank, UN Habitat, UN Global Compact, Asian Development Bank, Industry and academia for achieving shared goal of making India a Smart Republic by 2022. Smart republic forum will focus on innovative ICT and New Media platforms and deployment of best practices to catalyse effective, coordinated and results-based implementation of 100 Smart Cities Program, AMRUT, HRIDAY and RURBAN missions to achieve the Sustainable Development Goals (SDGs).
OECD Recommendation of the Council on the Governance of InfrastructureOECD Governance
The OECD Recommendation on the Governance of Infrastructure provides countries with practical guidance for efficient, transparent and responsive decision-making processes in infrastructure investment. It supports a whole-of-government approach and covers the entire life cycle of infrastructure projects, putting special emphasis on regional, social, gender, and environmental considerations.
Decoding Changes in the PPP Regulatory Regime.pdfAHRP Law Firm
Recently, the Minister of National Development Planning revoked the longstanding Minister of National Development Planning Regulation Number 4 of 2015 on the Mechanism for the Implementation of PPP Scheme for Infrastructure Procurement, as amended by Minister of National Development Planning Regulation Number 2 of 2020. This change stems from the issuance of Minister of National Development Planning Regulation Number 7 of 2023 on the Mechanism for the Implementation of PPP Scheme.
Notable changes include: (i) an amendment to the scope of infrastructure that could be procured through PPP; (ii) simplification of PPP stages; (iii) introduction of requirements for the conversion of PPP initiatives; (iv) simplification of the institutional aspect of PPP; and (v) the introduction of a small-scale PPP scheme
DMIC Summit - Implementation and Institutional Framework - Part - 2Resurgent India
The effective implementation of such large and complex project, involving multiple states and agencies calls for immaculate planning and a robust administrative structure. In order to ensure that the traditional pitfalls of project implementation are overcome, it is proposed that a Project Development approach be adopted, wherein each facet of the project is rigorously developed from an engineering, financial, contractual, environmental and social perspective, along with interlinkages, on prioritization and selective basis and prior to commencement of implementation
Presentation Made by Mr. Vijay Arora, IAS Government of Odisha, on Employment opportunities.
he explains the progress made by Employment mission as its First Director.
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...Kumar Satyam
According to TechSci Research report, “India Orthopedic Devices Market -Industry Size, Share, Trends, Competition Forecast & Opportunities, 2030”, the India Orthopedic Devices Market stood at USD 1,280.54 Million in 2024 and is anticipated to grow with a CAGR of 7.84% in the forecast period, 2026-2030F. The India Orthopedic Devices Market is being driven by several factors. The most prominent ones include an increase in the elderly population, who are more prone to orthopedic conditions such as osteoporosis and arthritis. Moreover, the rise in sports injuries and road accidents are also contributing to the demand for orthopedic devices. Advances in technology and the introduction of innovative implants and prosthetics have further propelled the market growth. Additionally, government initiatives aimed at improving healthcare infrastructure and the increasing prevalence of lifestyle diseases have led to an upward trend in orthopedic surgeries, thereby fueling the market demand for these devices.
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
RMD24 | Debunking the non-endemic revenue myth Marvin Vacquier Droop | First ...BBPMedia1
Marvin neemt je in deze presentatie mee in de voordelen van non-endemic advertising op retail media netwerken. Hij brengt ook de uitdagingen in beeld die de markt op dit moment heeft op het gebied van retail media voor niet-leveranciers.
Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
Memorandum Of Association Constitution of Company.pptseri bangash
www.seribangash.com
A Memorandum of Association (MOA) is a legal document that outlines the fundamental principles and objectives upon which a company operates. It serves as the company's charter or constitution and defines the scope of its activities. Here's a detailed note on the MOA:
Contents of Memorandum of Association:
Name Clause: This clause states the name of the company, which should end with words like "Limited" or "Ltd." for a public limited company and "Private Limited" or "Pvt. Ltd." for a private limited company.
https://seribangash.com/article-of-association-is-legal-doc-of-company/
Registered Office Clause: It specifies the location where the company's registered office is situated. This office is where all official communications and notices are sent.
Objective Clause: This clause delineates the main objectives for which the company is formed. It's important to define these objectives clearly, as the company cannot undertake activities beyond those mentioned in this clause.
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Liability Clause: It outlines the extent of liability of the company's members. In the case of companies limited by shares, the liability of members is limited to the amount unpaid on their shares. For companies limited by guarantee, members' liability is limited to the amount they undertake to contribute if the company is wound up.
https://seribangash.com/promotors-is-person-conceived-formation-company/
Capital Clause: This clause specifies the authorized capital of the company, i.e., the maximum amount of share capital the company is authorized to issue. It also mentions the division of this capital into shares and their respective nominal value.
Association Clause: It simply states that the subscribers wish to form a company and agree to become members of it, in accordance with the terms of the MOA.
Importance of Memorandum of Association:
Legal Requirement: The MOA is a legal requirement for the formation of a company. It must be filed with the Registrar of Companies during the incorporation process.
Constitutional Document: It serves as the company's constitutional document, defining its scope, powers, and limitations.
Protection of Members: It protects the interests of the company's members by clearly defining the objectives and limiting their liability.
External Communication: It provides clarity to external parties, such as investors, creditors, and regulatory authorities, regarding the company's objectives and powers.
https://seribangash.com/difference-public-and-private-company-law/
Binding Authority: The company and its members are bound by the provisions of the MOA. Any action taken beyond its scope may be considered ultra vires (beyond the powers) of the company and therefore void.
Amendment of MOA:
While the MOA lays down the company's fundamental principles, it is not entirely immutable. It can be amended, but only under specific circumstances and in compliance with legal procedures. Amendments typically require shareholder
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Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Explore our most comprehensive guide on lookback analysis at SafePaaS, covering access governance and how it can transform modern ERP audits. Browse now!
"𝑩𝑬𝑮𝑼𝑵 𝑾𝑰𝑻𝑯 𝑻𝑱 𝑰𝑺 𝑯𝑨𝑳𝑭 𝑫𝑶𝑵𝑬"
𝐓𝐉 𝐂𝐨𝐦𝐬 (𝐓𝐉 𝐂𝐨𝐦𝐦𝐮𝐧𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
𝐓𝐉 𝐂𝐨𝐦𝐬 provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
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⭐ 𝐅𝐞𝐚𝐭𝐮𝐫𝐞𝐝 𝐩𝐫𝐨𝐣𝐞𝐜𝐭𝐬:
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"𝐄𝐯𝐞𝐫𝐲 𝐞𝐯𝐞𝐧𝐭 𝐢𝐬 𝐚 𝐬𝐭𝐨𝐫𝐲, 𝐚 𝐬𝐩𝐞𝐜𝐢𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. 𝐖𝐞 𝐚𝐥𝐰𝐚𝐲𝐬 𝐛𝐞𝐥𝐢𝐞𝐯𝐞 𝐭𝐡𝐚𝐭 𝐬𝐡𝐨𝐫𝐭𝐥𝐲 𝐲𝐨𝐮 𝐰𝐢𝐥𝐥 𝐛𝐞 𝐚 𝐩𝐚𝐫𝐭 𝐨𝐟 𝐨𝐮𝐫 𝐬𝐭𝐨𝐫𝐢𝐞𝐬."
As a business owner in Delaware, staying on top of your tax obligations is paramount, especially with the annual deadline for Delaware Franchise Tax looming on March 1. One such obligation is the annual Delaware Franchise Tax, which serves as a crucial requirement for maintaining your company’s legal standing within the state. While the prospect of handling tax matters may seem daunting, rest assured that the process can be straightforward with the right guidance. In this comprehensive guide, we’ll walk you through the steps of filing your Delaware Franchise Tax and provide insights to help you navigate the process effectively.
2. Introduction:The future development of the country hinges on the development of its
infrastructure and efficient delivery of its services. The Planning
Commission, Government of India estimates that around US$320
billion (14,50,000 Cr. INR) is likely to be invested in the infrastructure
sector over the 11th Plan. A large part of this investment is to come
from the private sector with Public Private Partnership mode as one of
the preferred routes. The PPP approach is best suited for the
infrastructure sector as it supplements scarce public resources, creates
a more competitive environment and helps to improve efficiencies and
reduce costs. To achieve this goal, Government of Orissa has come
out with this Public Private Partnership Policy.
3. The Policy Objectives: The key objective of this policy is to leverage State and Central
Government funds, support private investment and to create a
conducive
environment
so
as
to
utilize
the
efficiencies,
innovativeness and flexibility of the private sector to provide better
infrastructure and service at an optimal cost.
Setting up of a transparent, consistent, efficient administrative
mechanism to create a level playing field for all participants and
protect interest of all stakeholders.
To prepare a shelf of projects to be offered for PPP and take them
forward with assistance of the owner departments through a
transparent selection process.
4. Continue …
Putting in place an effective and efficient institutional mechanism
for speedy clearance of the projects.
Provide the necessary risk sharing framework in the project
structure so as to assign risks to the entity most suited to manage
them.
Create a robust dispute redressal mechanism / regulatory
framework for PPP projects.
To provide the required viability gap funding where the essential
projects are intrinsically unviable.
To create Orissa Infrastructure Development Fund to facilitate
implementation of the objectives of the Policy.
5. Infrastructure Sectors:
Roads, bridges and bypass
Ports and Harbors
Airports, Airstrips and Heliports
Inland container depots and
logistics
hubs
Industrial parks, Theme Parks like
IT/BT Parks, Knowledge Parks,
Special Economic Zones and
Townships
Water supply, treatment and
distribution
Power generation, transmission
and distribution systems
Solid waste management
Sewerage & drainage
Inland water transport
Tourism and related
infrastructure
Healthcare facilities
Education
Trade fair, convention,
exhibition, cultural centers
Urban infrastructure including
entertainment and recreational
facilities
Urban transportation systems
Railway & Related Projects
Agriculture Production and
Marketing
Any other sector / facility as may be included by the Government.
6. Institutional Arrangement:The Government of Orissa recognizes the requirement for an effective
and efficient institutional mechanism and therefore constitutes the
requisite committees and empowered groups for furthering the
objectives of the Policy.
High Level Clearance Authority (HLCA):A High Level Clearance Authority (HLCA) under the chairmanship of
Chief Minister shall be constituted in respect of all infrastructure
projects being undertaken in PPP mode. All PPP Projects having
investment of over Rs. 500 Crore will require approval of HLCA.
7. Continue …
Empowered
Committee
on
Infrastructure
(ECI):Government of Orissa shall constitute Empowered Committee on
Infrastructure (ECI) consisting of a group of Secretaries under the
Chairmanship of the Chief Secretary, Government of Orissa for
facilitating infrastructure development in the State under PPP.
Secretary, PPP shall be the member-convener of ECI.
Role of the ECI:The ECI shall be the nodal agency to co-ordinate all efforts of the
State Government regarding development of infrastructure sectors,
involving private participation and funding from various sources.
8. Powers & Functions of the ECI:The Powers & functions of the ECI would include: To prioritize, approve shelf of projects, sanction, authorize
expenditure for PPP projects
Adopt, adapt and develop Model Concession Agreements for
various sectors
Recommend projects for Viability Gap Funding
Manage the Infrastructure Development Fund proposed to be
created to facilitate infrastructure development, to recommend
projects alongwith amount required from the Fund to meet the
objectives of this Policy.
Deliberate and recommend to HLCA the final bids for approval of
the projects above Rs. 500 Crores.
9. Continue …
Deliberate and recommend to HLCA any special grants and
concessions.
Coordinate the efforts of other departments for the furtherance of
the objectives of this Policy.
Shall have power to inspect visit, review and monitor any PPP
Projects regarding its implementation, execution, operation and
management.
To recommend enaction of special legislation for formation of
appropriate regulatory mechanism robust grievance redressal
mechanism as may be required for the project.
To sanction PPP Projects and approval of concession agreements
for projects upto Rs. 500 Crores.
10. PPP Cell
Secretariat:-
&
the
Technical
The ECI shall be assisted by a PPP Cell in the P&C Department in
undertaking the functions specified under this policy & shall be under
the direct supervision of Chief Secretary.
The PPP Cell is to be assisted by the Technical Secretariat housed
in IDCO.
The fund requirements for furthering the objectives of the Policy
through the PPP cell shall be initially met through budgetary support.
11. Function of the PPP Cell &
Technical Secretariat:The Functions of the PPP Cell and its Technical Secretariat would
include:
To identify, conceptualize and create a shelf of projects in
consultation with the owner department and recommend approval
of such projects for PPP from time to time to the ECI.
To assist different government departments in preparing prefeasibility reports by itself or through consultants.
To assist the respective departments for preparing Detailed Project
Reports
Shall have the powers to appoint / select consultants to take the
projects upto selection of developer stage in consultation with the
concerned department.
12. Continue …
To help respective departments to conduct the bidding process for
appointment of developers.
To interact with the Planning Commission, GOI and other funding
agencies like World Bank for obtaining approval under VGF and any
other fund created for such purpose.
To recommend the requirement of multilateral/bilateral funding for
furthering the objectives of the Policy.
To act as the nodal agency for capacity building for PPP in the state.
To further this function it shall conduct/recommend exposure visits
and training programs on PPP.
Recommend appropriate regulatory mechanism / robust grievance
redressal mechanism as per requirement of the project.
13. Continue …
Recommend requirements from the PPP Fund for development of
projects, gap funding and for any other requirement for furthering
the object of the Policy. Formulation and recommendation of any
legislation if required for creation, administration and monitoring of
the Fund.
The PPP cell shall develop internal evaluation guideline in
consultation with the respective departments to evaluate and
assess the projects whether the projects are to be funded by the
State Government, through multilateral/bilateral funding and/or
implemented with Private sector participation.
Creation of PPP Cell in Line Departments: A PPP Cell shall be set up in all line departments to co-ordinate
with the State PPP Cell and to take forward the PPP initiatives.
14. Project Identification & Approval
Process :-
Project Identification/Conceptualization:State Government Departments/ Agencies in consultation with PPP
Cell shall identify or conceptualize infrastructure projects to be
developed in the State and place before ECI through PPP Cell. The
ECI shall prioritize projects based on demand and supply gaps, inter
linkages and any other relevant parameters and create a project
shelf.
Preparation of Preliminary Feasibility Report:State Government departments with assistance of the TS will prepare
the preliminary feasibility report for the identified projects. The
preliminary feasibility report should establish the need for the project,
broad level project cost estimation and indicative commercial viability
of the proposed project including preliminary engineering studies if
any.
15. Continue …
Approval of Projects for development under
PPP Mode :On receipt of the preliminary feasibility report from the State
Government Department by the ECI through PPP Cell, the ECI
shall review the proposal based on its merit, grant its in-principle
approval or suggest modifications/changes to the proposal.
Projects with investment beyond Rs. 500 Crore will be
recommended to HLCA for its approval.
16. Preparation of DPR &
Selection of Developers:Preparation of DPR and Selection of
Developers:On
obtaining
approval
of
ECI
the
respective
government
department/agency shall prepare / get prepared the Detailed Project
Reports (DPR) if required or if the DPR is to be prepared by the
project developer launch the competitive bidding process for selection
of developers. The Technical Secretariat shall assist government
department/agency in selection of the Project developer and the
entire selection and bidding process including preparation of the
various contractual, concession and bid documents. The bid process
shall be fully transparent and conforming to best practices in the
Industry.
17. Continue …
Approval of Developer:The outcome of the biding process alongwith required concessions to
be granted will be placed before ECI / HLCA for final approval before
award of the project to the developer.
In cases where VGF is sought from GOI the proposal to ECI/HLCA
will be put up after receipt of final sanction of VGF from GOI.
Development through Special Purpose Vehicles:SPVs shall be formed as and when required to carry forward and
realize the objectives of this Policy and get various clearances and
permissions in the SPVs to speed-up the project.
18. State Support:The State Government will formulate sector specific policies
wherever required for providing specific incentives and also establish
mechanism
for
tariff
setting, pricing, arbitration, safety and
operational standards etc.
It also envisages coordination across
infrastructure sectors and dovetailing of sectoral plans.
State Support would include:-
Legislative Support:Necessary legislative support as and when required shall be
provided.
19. Continue …
Administrative Support:State Government shall offer necessary administrative support to
all the infrastructure projects developed in the State which would
include: Facilitate obtaining all State & Central Government clearances as
may be required for the project.
Facilitate all rehabilitation & resettlement activities in case so
required as per existing Rehabilitation and Resettlement Policy of
Government including shifting of utilities wherever required.
Facilitate the process of availing benefits under various Central
Government and State Government schemes (as may be
applicable) to enhance the viability of projects under
implementation;
20. Continue
…
Facilitate provision of supply of power and water at projects site.
Facilitate acquiring of land necessary for the project.
Financial Support:In addition to the viability gap funding available under different
schemes of Govt. of India, the State Govt. may also contribute for
the remaining portion of vaibility gap as emerged from the open bid
in case or through other concessions to help the emergent
infrastructure projects attain viability and get implemented.
21. Orissa Infrastructure Development
Fund:The Government shall establish a fund to be called Orissa
Infrastructure Development Fund and may levy cess / tax separately
to augment this fund. The fund will be utilized for building up the
required infrastructure and the works to be undertaken would include.
Taking up of technical and financial pre-feasibility and feasibility
studies, preparation of reports and bid documents and any other
activities that need to be undertaken prior to offering proposed
infrastructure projects for private sector participation including
facilitation to select projects to assess viability gap funding and other
such schemes from Government of India.
22. Continue …
To provide direct financial support to the projects for enhancing
project
viability
as
considered
by
the
Government
on
recommendation of ECI or HLCA.
For capacity building and training.
For any other purposes in pursuance of this act and building of
infrastructure in the State.
Operation of Fund:The fund will be administered and managed by the ECI. Detailed
guidelines for the same shall be issued separately.
23. Protection of Stakeholders
Rights:The rights of the users, developers, the local community and
lenders, together referred to as stakeholders shall be protected.
The various mechanism considered include:
Adequate legislative and administrative support for successful and
timely implementation and operation of the project while
safeguarding the interest of local communities.
Adequate legislative and administrative support for levy and
collection of user charges.
24. Continue …
Adopting, adapting and developing MCAs and incorporating in all
project documents the requisite clauses for protection of the
rights of all stakeholders.
Structuring of concession agreements incorporating service
standards, revenue streams and levy of equitable user charges
also providing for exempt category of users wherever applicable.
Setting up of Independent Regulators appellate forums and other
robust dispute redressal mechanism.
25. Thank
You
Vijay Arora, IAS
Secretary
Public Private Partnership
Government of Orissa
Contact us:Tel No.- (0674) - 2396946 (O)
Fax No.- (0674) - 2396573 (O)
Email-secyppp@gmail.com
Email-orippp@gmail.com