The document outlines two schemes introduced by the Government of Gujarat to improve industrial infrastructure:
1) Scheme 1 provides financial assistance up to 60% of project costs for critical infrastructure projects in industrial areas. Eligible projects include roads, utilities, and common facilities.
2) Scheme 2 provides viability gap funding up to 20% of project costs for developing industrial parks through public-private partnerships. It defines criteria for parks at different levels of development and sets rules for land acquisition and project implementation.
STUDY ON BOT PROJECT WITH A CASE STUDY OF DELHI GURGAON EXPRESSWAYShabaz Khan
This document provides a case study of the Delhi Gurgaon Expressway project in India, which was developed as a public-private partnership using a build-operate-transfer (BOT) model. It describes the project background, financing and risks, construction delays, and lessons learned. The 27.7 km expressway was commissioned in 2018 after delays due to land acquisition issues and scope changes. It now carries over 180,000 vehicles per day, improving travel times between Delhi and Gurgaon.
The document discusses Build-Own-Operate-Transfer (BOOT) projects as a type of public-private partnership procurement strategy. In a BOOT project, a private company builds and operates a facility, such as a toll road, on behalf of the public sector for a set period of time. The case study examines Malaysia's North-South Expressway, which was developed as a BOOT project where a consortium designed, constructed, financed, and operated the expressway over a 30-year concession period.
The document discusses public-private partnerships (PPPs) and their potential application in Ghana to help fund infrastructure development. It outlines Ghana's economic sectors and infrastructure needs, particularly in energy, environment, ICT and transport. Challenges include financing Ghana's estimated $10.5 billion investment requirement for priority sectors over 2007-2009 through PPPs and increased support from development partners.
This document examines six public-private partnership projects in Asia and the Mediterranean Middle East to identify essential attributes for structuring an effective special purpose vehicle (SPV). It analyzes three independent power production projects in India, Pakistan, and China and three desalination projects in Israel, Singapore, and Algeria. The analysis finds that while there are common trends and techniques used across projects to structure the SPV, each project also demonstrated unique features to overcome financial and legal challenges in their respective countries. The document aims to provide insights on using the SPV model to improve financing of public-private partnerships.
The document discusses the financial viability of Build-Operate-Transfer (BOT) road projects in India. It provides background on public-private partnerships and the BOT model for financing infrastructure projects. A case study is presented analyzing the financials of a hypothetical 6km BOT road project using tools like net present value, internal rate of return, payback period, and modified internal rate of return. The analysis shows projections for traffic volume, toll fee schedules, and calculates the project's cash flows and internal rate of return of 15%.
Comparison of boot and bolt modes of ConstructionEdwinJacob5
This document compares the BOOT (Build-Own-Operate-Transfer) and BOLT (Build-Own-Lease-Transfer) models for public-private partnerships. Under the BOOT model, a private entity builds, owns, and operates a facility for a concession period before transferring ownership back to the public sector. The BOLT model involves the private entity building, owning, and leasing the facility to the public sector during the concession period before transferring ownership. The document outlines the key characteristics and differences between the two models, discussing their advantages and disadvantages as well as which types of infrastructure projects each model is best suited for.
The document discusses public-private partnerships (PPPs). It defines PPPs as agreements between governments and private companies where the private sector finances, builds, and operates infrastructure projects like roads, dams, and utilities. The document outlines several PPP models and notes that PPPs allow risk and costs to be shared while leveraging private sector expertise and innovation.
The document outlines two schemes introduced by the Government of Gujarat to improve industrial infrastructure:
1) Scheme 1 provides financial assistance up to 60% of project costs for critical infrastructure projects in industrial areas. Eligible projects include roads, utilities, and common facilities.
2) Scheme 2 provides viability gap funding up to 20% of project costs for developing industrial parks through public-private partnerships. It defines criteria for parks at different levels of development and sets rules for land acquisition and project implementation.
STUDY ON BOT PROJECT WITH A CASE STUDY OF DELHI GURGAON EXPRESSWAYShabaz Khan
This document provides a case study of the Delhi Gurgaon Expressway project in India, which was developed as a public-private partnership using a build-operate-transfer (BOT) model. It describes the project background, financing and risks, construction delays, and lessons learned. The 27.7 km expressway was commissioned in 2018 after delays due to land acquisition issues and scope changes. It now carries over 180,000 vehicles per day, improving travel times between Delhi and Gurgaon.
The document discusses Build-Own-Operate-Transfer (BOOT) projects as a type of public-private partnership procurement strategy. In a BOOT project, a private company builds and operates a facility, such as a toll road, on behalf of the public sector for a set period of time. The case study examines Malaysia's North-South Expressway, which was developed as a BOOT project where a consortium designed, constructed, financed, and operated the expressway over a 30-year concession period.
The document discusses public-private partnerships (PPPs) and their potential application in Ghana to help fund infrastructure development. It outlines Ghana's economic sectors and infrastructure needs, particularly in energy, environment, ICT and transport. Challenges include financing Ghana's estimated $10.5 billion investment requirement for priority sectors over 2007-2009 through PPPs and increased support from development partners.
This document examines six public-private partnership projects in Asia and the Mediterranean Middle East to identify essential attributes for structuring an effective special purpose vehicle (SPV). It analyzes three independent power production projects in India, Pakistan, and China and three desalination projects in Israel, Singapore, and Algeria. The analysis finds that while there are common trends and techniques used across projects to structure the SPV, each project also demonstrated unique features to overcome financial and legal challenges in their respective countries. The document aims to provide insights on using the SPV model to improve financing of public-private partnerships.
The document discusses the financial viability of Build-Operate-Transfer (BOT) road projects in India. It provides background on public-private partnerships and the BOT model for financing infrastructure projects. A case study is presented analyzing the financials of a hypothetical 6km BOT road project using tools like net present value, internal rate of return, payback period, and modified internal rate of return. The analysis shows projections for traffic volume, toll fee schedules, and calculates the project's cash flows and internal rate of return of 15%.
Comparison of boot and bolt modes of ConstructionEdwinJacob5
This document compares the BOOT (Build-Own-Operate-Transfer) and BOLT (Build-Own-Lease-Transfer) models for public-private partnerships. Under the BOOT model, a private entity builds, owns, and operates a facility for a concession period before transferring ownership back to the public sector. The BOLT model involves the private entity building, owning, and leasing the facility to the public sector during the concession period before transferring ownership. The document outlines the key characteristics and differences between the two models, discussing their advantages and disadvantages as well as which types of infrastructure projects each model is best suited for.
The document discusses public-private partnerships (PPPs). It defines PPPs as agreements between governments and private companies where the private sector finances, builds, and operates infrastructure projects like roads, dams, and utilities. The document outlines several PPP models and notes that PPPs allow risk and costs to be shared while leveraging private sector expertise and innovation.
1. Alandur is a suburb of Chennai that lacked a sewerage system, and wastewater was collected in septic tanks or holding tanks that were irregularly cleared.
2. In 1997, the Government of Tamil Nadu decided to provide sewerage systems to 12 urban centers, including Alandur, through a World Bank funded project.
3. The Alandur Sewerage Project was implemented between 1997-2003 to provide a sewerage network and sewage treatment plant to improve sanitation for Alandur's growing population.
IRJET- Significance of Public Private Partnerships in INDIAIRJET Journal
This document discusses public-private partnerships (PPPs) in India. It provides background on PPPs, noting they allow private sector capital and management expertise to be utilized for infrastructure projects. The document outlines the growth of PPPs in India over time. It also describes various PPP models used in India and the sectors that are eligible for PPP projects, including roads, power, ports, airports, and urban infrastructure. Key benefits of PPPs for infrastructure development in India are highlighted.
The document is a report from the High Level Committee on Financing Infrastructure that makes recommendations to improve infrastructure financing in India during the Twelfth Five-Year Plan period from 2012-2017. The Committee assessed investment needs across 10 infrastructure sectors and found that actual investments have lagged targets and projections. It recommends establishing an Infrastructure Development Council chaired by the Prime Minister to guide policy. It also recommends reforms such as developing capital markets, reviewing regulations, and attracting more private and international investment to help close India's large infrastructure funding gap.
Public Private Partnerships (Ppp) And Affordable Housing By David HoickaDavid Hoicka
Public Private Partnerships (PPP) and Affordable Housing by David Hoicka. Review of PPP as a £60 billion, $90 billion industry and its application to Affordable Housing
This document summarizes a case study of a public-private partnership (PPP) model for an underground sewerage scheme in Alandur municipality, India. Key points:
1. The PPP involved a BOT operator investing Rs. 7 Cr to build and operate a sewage treatment plant for 14 years, with the municipality paying per MLD of sewage treated.
2. Unique aspects included public contribution of Rs. 5000 per household to fund the project, addressing public demand.
3. This was India's first sewerage scheme and STP project using the PPP and BOT models, demonstrating good governance through alternative financing.
This document discusses public-private partnerships (PPP) in agriculture in Vietnam. It provides an overview of Vietnam's legal and policy framework for PPPs, the concepts and principles behind PPPs, examples of PPP and public-private collaboration projects in Vietnam's agriculture sector, and some of the main issues and opportunities regarding implementing PPPs in agriculture. Key challenges include Vietnam's complicated legal system, the difficulty of agriculture projects, and firms hesitating to invest in agriculture. The document recommends promoting new legal documents and guidelines, developing a list of priority PPP agriculture projects, and implementing supportive policies to increase the attractiveness of PPPs in Vietnam's agriculture sector.
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.
Mobilizing Private Sector Investment into GMS InfrastructurePratish Halady
My presentation to the GMS Economic Corridors Forum about the benefits of involving private sector in infrastructure, creating an environment for PPP and private investment, and ADB's approach to delivering PPP in the region.
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)
This document announces a program to provide entrepreneurial training to service members and their families at military bases as part of the Transition GPS program. Eligible organizations, such as Small Business Development Centers, Women's Business Centers, and SCORE chapters can apply for funding to provide this training between 2014-2018. Successful applicants will receive 12-month awards with the possibility of 4 annual renewals, for a total of 5 years and $10.5 million in funding. Applications are due by the specified closing date and must be submitted through grants.gov to be considered.
Public Private Partnership Brochure May2012Ezzedin Tago
The Integrated Transport System (ITS) Project will establish three mass intermodal terminals at the outskirts of Metro Manila - one in the north (of EDSA), serving passengers to and from northern Luzon; and two in the south, serving passengers to and from Laguna/Batangas side. The project aims to create an integrated public transportation system in Metro Manila and its surrounding provinces through the development of intermodal terminals that will connect various modes of transportation such as rail, bus, jeepney.
This document provides an overview of private financing of infrastructure projects in India. It discusses how infrastructure projects are typically structured, with a special purpose vehicle (SPV) established to implement the project. Key project parties and contractual agreements governing the project are described. Power and telecommunication projects are used as examples to illustrate typical financial structures and risks. Private-public partnerships (PPPs) are also discussed as a model for infrastructure development in India given the large funding needs and involvement of the private sector. The document emphasizes the importance of PPPs for meeting India's infrastructure gaps and expanding economic growth.
The document provides an overview of public-private partnerships (PPPs) in three modules:
1. PPP Basics - Defines PPPs, discusses why governments use them, and how they are typically structured and financed.
2. Establishing the PPP Framework - Covers developing the necessary policy, legal, institutional, and public financial management frameworks to support effective PPP programs.
3. Implementing PPP Projects - Outlines the key steps for identifying, appraising, structuring, procuring, and managing PPP projects from origination through to contract management.
The presentation elucidates the study aimed at exploring the need of PPP model in India, with respect to capacities and capabilities of municipal governments to handle finance and governance of large scale urban infrastructure projects.
Samir Kasmi and Bruno Gremez presentation GTR Dubai conferenceSamir Kasmi
This document describes how Qaiwan Group, an Iraqi company, was able to attract project financing for a 750 MW power plant in Kurdistan, Iraq. It faced many challenges due to Iraq's unstable political and security situation. Key steps included obtaining support from Export Credit Agencies despite their restrictive Iraq policies, selecting reputable partners, and conducting thorough environmental and social impact assessments. After overcoming numerous reviews, Qaiwan closed $105 million in long-term financing in early 2016 comprising a $75 million ECA-backed loan and $30 million commercial loan. The project financing deal demonstrated how private investment can be attracted to frontier markets like the Kurdistan Region of Iraq.
GTR 2017 Conference : joint presentation by Bruno Gremez and Samir Kasmi of C...Bruno Gremez
Case study presentation by Bruno Gremez and Samir Kasmi of CT&F and by Deutsche Bank on raising capital for a greenfield gas-fired power plant project in Iraqi Kurdistan developed by privately-owned group Qaiwan.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow, releases endorphins, and promotes changes in the brain which help regulate emotions and stress levels.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
1. Alandur is a suburb of Chennai that lacked a sewerage system, and wastewater was collected in septic tanks or holding tanks that were irregularly cleared.
2. In 1997, the Government of Tamil Nadu decided to provide sewerage systems to 12 urban centers, including Alandur, through a World Bank funded project.
3. The Alandur Sewerage Project was implemented between 1997-2003 to provide a sewerage network and sewage treatment plant to improve sanitation for Alandur's growing population.
IRJET- Significance of Public Private Partnerships in INDIAIRJET Journal
This document discusses public-private partnerships (PPPs) in India. It provides background on PPPs, noting they allow private sector capital and management expertise to be utilized for infrastructure projects. The document outlines the growth of PPPs in India over time. It also describes various PPP models used in India and the sectors that are eligible for PPP projects, including roads, power, ports, airports, and urban infrastructure. Key benefits of PPPs for infrastructure development in India are highlighted.
The document is a report from the High Level Committee on Financing Infrastructure that makes recommendations to improve infrastructure financing in India during the Twelfth Five-Year Plan period from 2012-2017. The Committee assessed investment needs across 10 infrastructure sectors and found that actual investments have lagged targets and projections. It recommends establishing an Infrastructure Development Council chaired by the Prime Minister to guide policy. It also recommends reforms such as developing capital markets, reviewing regulations, and attracting more private and international investment to help close India's large infrastructure funding gap.
Public Private Partnerships (Ppp) And Affordable Housing By David HoickaDavid Hoicka
Public Private Partnerships (PPP) and Affordable Housing by David Hoicka. Review of PPP as a £60 billion, $90 billion industry and its application to Affordable Housing
This document summarizes a case study of a public-private partnership (PPP) model for an underground sewerage scheme in Alandur municipality, India. Key points:
1. The PPP involved a BOT operator investing Rs. 7 Cr to build and operate a sewage treatment plant for 14 years, with the municipality paying per MLD of sewage treated.
2. Unique aspects included public contribution of Rs. 5000 per household to fund the project, addressing public demand.
3. This was India's first sewerage scheme and STP project using the PPP and BOT models, demonstrating good governance through alternative financing.
This document discusses public-private partnerships (PPP) in agriculture in Vietnam. It provides an overview of Vietnam's legal and policy framework for PPPs, the concepts and principles behind PPPs, examples of PPP and public-private collaboration projects in Vietnam's agriculture sector, and some of the main issues and opportunities regarding implementing PPPs in agriculture. Key challenges include Vietnam's complicated legal system, the difficulty of agriculture projects, and firms hesitating to invest in agriculture. The document recommends promoting new legal documents and guidelines, developing a list of priority PPP agriculture projects, and implementing supportive policies to increase the attractiveness of PPPs in Vietnam's agriculture sector.
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.
Mobilizing Private Sector Investment into GMS InfrastructurePratish Halady
My presentation to the GMS Economic Corridors Forum about the benefits of involving private sector in infrastructure, creating an environment for PPP and private investment, and ADB's approach to delivering PPP in the region.
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)
This document announces a program to provide entrepreneurial training to service members and their families at military bases as part of the Transition GPS program. Eligible organizations, such as Small Business Development Centers, Women's Business Centers, and SCORE chapters can apply for funding to provide this training between 2014-2018. Successful applicants will receive 12-month awards with the possibility of 4 annual renewals, for a total of 5 years and $10.5 million in funding. Applications are due by the specified closing date and must be submitted through grants.gov to be considered.
Public Private Partnership Brochure May2012Ezzedin Tago
The Integrated Transport System (ITS) Project will establish three mass intermodal terminals at the outskirts of Metro Manila - one in the north (of EDSA), serving passengers to and from northern Luzon; and two in the south, serving passengers to and from Laguna/Batangas side. The project aims to create an integrated public transportation system in Metro Manila and its surrounding provinces through the development of intermodal terminals that will connect various modes of transportation such as rail, bus, jeepney.
This document provides an overview of private financing of infrastructure projects in India. It discusses how infrastructure projects are typically structured, with a special purpose vehicle (SPV) established to implement the project. Key project parties and contractual agreements governing the project are described. Power and telecommunication projects are used as examples to illustrate typical financial structures and risks. Private-public partnerships (PPPs) are also discussed as a model for infrastructure development in India given the large funding needs and involvement of the private sector. The document emphasizes the importance of PPPs for meeting India's infrastructure gaps and expanding economic growth.
The document provides an overview of public-private partnerships (PPPs) in three modules:
1. PPP Basics - Defines PPPs, discusses why governments use them, and how they are typically structured and financed.
2. Establishing the PPP Framework - Covers developing the necessary policy, legal, institutional, and public financial management frameworks to support effective PPP programs.
3. Implementing PPP Projects - Outlines the key steps for identifying, appraising, structuring, procuring, and managing PPP projects from origination through to contract management.
The presentation elucidates the study aimed at exploring the need of PPP model in India, with respect to capacities and capabilities of municipal governments to handle finance and governance of large scale urban infrastructure projects.
Samir Kasmi and Bruno Gremez presentation GTR Dubai conferenceSamir Kasmi
This document describes how Qaiwan Group, an Iraqi company, was able to attract project financing for a 750 MW power plant in Kurdistan, Iraq. It faced many challenges due to Iraq's unstable political and security situation. Key steps included obtaining support from Export Credit Agencies despite their restrictive Iraq policies, selecting reputable partners, and conducting thorough environmental and social impact assessments. After overcoming numerous reviews, Qaiwan closed $105 million in long-term financing in early 2016 comprising a $75 million ECA-backed loan and $30 million commercial loan. The project financing deal demonstrated how private investment can be attracted to frontier markets like the Kurdistan Region of Iraq.
GTR 2017 Conference : joint presentation by Bruno Gremez and Samir Kasmi of C...Bruno Gremez
Case study presentation by Bruno Gremez and Samir Kasmi of CT&F and by Deutsche Bank on raising capital for a greenfield gas-fired power plant project in Iraqi Kurdistan developed by privately-owned group Qaiwan.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow, releases endorphins, and promotes changes in the brain which help regulate emotions and stress levels.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise boosts blood flow, releases endorphins, and promotes changes in the brain which help enhance one's emotional well-being and mental clarity.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
This document provides an environmental clearance from the State Level Environment Impact Assessment Authority (SEIAA) of Gujarat for the proposed Gujarat International Finance Tec-City (GIFT) project in Gandhinagar, Gujarat. The project will develop a 550-acre area as a central finance and business district. The SEIAA accords environmental clearance subject to compliance with specific conditions regarding approvals, protection of existing drainage, worker housing, and environmental monitoring during construction. General conditions address precautions during construction such as barricades, sanitation, safety measures, and disposal of waste.
Mehsana district has a diverse economy centered around agriculture, dairy, and industry. It is a major producer of crops like potatoes, cotton, castor seeds, and spices. The district is home to Asia's second largest dairy and has attracted investments in engineering, food processing, chemicals, and petroleum industries due to its strategic location. Tourism is also developing with the historic Sun Temple attracting visitors.
Amreli is a district in Gujarat, India located on the Gulf of Khambhat. The key industries in Amreli include engineering, ports and ship building, minerals and cement. Pipavav Port is a major private port located in Amreli. The district has large reserves of limestone. Major companies like Larsen & Toubro and Ultra Tech Cement have manufacturing plants in Amreli. The district also has several industrial estates and two special economic zones focused on engineering and alternative energy. Infrastructure projects are boosting Amreli's economy by improving connectivity to other regions.
The document provides an overview of the Tapi district in Gujarat, India. It discusses Tapi's economy, demography, agriculture, industries, industrial locations, infrastructure including roads, railways, power and water supply, and social infrastructure such as education. The key industries are sugar, textiles, and paper manufacturing. Tapi has well-developed road and rail connectivity and sources of power and water to support industrial development.
The document provides an overview of the economy and industry profile of Navsari district in Gujarat, India. Some key points:
1) Navsari's economy is focused on agro and food processing industries, textiles, drugs and pharmaceuticals, and marine-based industries. Major industries include sugar, chemicals, engineering, and floriculture.
2) Navsari is a major producer of sugarcane, chikoo fruit, and mangoes in Gujarat. Floriculture and horticulture are well developed due to the climate.
3) There are over 7,500 small-scale industries and 23 medium and large industries in Navsari, concentrated in Navs
Dahod is an agricultural district in eastern Gujarat with wheat and maize as major crops. The economy is driven by agriculture, small scale industries like food processing and rubber/plastic products. Dahod has industrial estates and is well connected by roads and railways. It has educational and health institutions as well as tourism attractions like Chhab Lake and Ratanmahal Sanctuary. The district offers investment opportunities in agriculture, minerals, animal husbandry and plastics industries.
The document outlines various assistance schemes for Gujarat's textile and apparel sector, including:
1) An interest subsidy scheme providing up to 5% interest subsidy per year capped at Rs. 30 lakhs for new/expanding spinning, weaving, knitting, apparel and machine carpeting enterprises.
2) A technical textiles interest subsidy scheme providing 6% interest subsidy capped at Rs. 125 lakhs for new/expanding technical/industrial textile enterprises.
3) Technology acquisition assistance of up to 50% of costs, capped at Rs. 25 lakhs for enterprises acquiring new technologies.
4) Training assistance for apparel institutions, centers,
Banaskantha is a district located in northern Gujarat known for its agricultural production, mineral resources, and industries. The key points are:
1) Agriculture is a major part of the economy, with Banaskantha being the top producer of potatoes and psyllium husk in India. Other key crops include vegetables, spices, and oilseeds.
2) Industries include food processing, mining of minerals like marble and limestone, and ceramic and cement production. Food processing, particularly of vegetable oils, has attracted the most investment.
3) The proposed Delhi-Mumbai Industrial Corridor passing through Palanpur is expected to be a major economic driver by improving connectivity and attracting
Junagadh is a district located in western Gujarat known for agriculture, fish processing, and cement industries. Major industries include cement plants from Ambuja Cements and Gujarat Siddhi, and a frozen fish packing unit from Hindustan Lever. The district has a population of over 2.4 million engaged mainly in agriculture, with wheat, oilseeds, and mangoes as key crops. Mineral reserves have supported a thriving cement industry, while the coastal area supports fish processing exports. The district contains industrial areas in Veraval, Junagadh, Manavadar, and Kodinar hosting major companies in sectors like chemicals, cement, fish processing, and dairy.
There are 55 special economic zones in Gujarat covering 30,000 hectares. Gujarat has 10 functional SEZs focused on sectors like IT/electronics, pharmaceuticals and chemicals, multi-product, and engineering. The state also has 24 notified SEZs and 14 that have received formal approval, while 7 more have been granted in-principle approval. Key functional SEZs in the state include Kandla, SUR, and Surat Apparel Park SEZ.
Gujarat offers a favorable investment environment through excellent infrastructure, a large skilled workforce, strategic location, and an investor-friendly government. The state has a diversified and growing economy across sectors. It is home to ambitious projects and a leading destination for foreign direct investment from many countries. Gujarat provides quality land banks for phased industrial development, including special economic zones and regions along the Delhi Mumbai Industrial Corridor.
IIFCL was incorporated in 2006 as a wholly government-owned company to provide financing for infrastructure projects in India. IIFCL provides direct lending, refinancing to banks, and other approved methods of financing. It focuses on sectors like transportation, energy, urban infrastructure, and other approved sectors. IIFCL raises funds through government equity, rupee and foreign currency bonds, and loans from international institutions to provide financing. It finances commercially viable projects and works with lead banks on appraisal and monitoring. Loans are provided with terms like maximum 20% of project cost and pari passu charge with other debt. IIFCL also implements schemes like takeout financing, credit enhancement, and refinancing to banks to further its
International Journal of Business and Management Invention (IJBMI) is an international journal intended for professionals and researchers in all fields of Business and Management. IJBMI publishes research articles and reviews within the whole field Business and Management, new teaching methods, assessment, validation and the impact of new technologies and it will continue to provide information on the latest trends and developments in this ever-expanding subject. The publications of papers are selected through double peer reviewed to ensure originality, relevance, and readability. The articles published in our journal can be accessed online
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
The document provides guidelines for the Prime Minister's Employment Generation Programme (PMEGP), which aims to generate employment through establishment of micro-enterprises. Some key details:
1) PMEGP merges two previous schemes and is administered by the Ministry of Micro, Small and Medium Enterprises. It will be implemented by the Khadi and Village Industries Commission.
2) The program aims to generate rural and urban employment and help arrest migration of rural youth. Subsidies of 15-35% of project cost are provided to beneficiaries.
3) Banks provide loans for 90-95% of project cost for general and special categories respectively. Repayment is in 3-7 years with initial mor
This document summarizes the key changes introduced in Decree 438 of 2021 regarding Public-Private Partnerships (PPPs) in Colombia. The decree aims to promote private investment in infrastructure projects and strengthen the legal framework for PPPs. Some of the main changes introduced include:
1) Requiring PPP projects to be aligned with national and local infrastructure priorities.
2) Creating liquidity funds for contingencies from project risks like geological issues or landslides.
3) Regulating the use of public funds to cover risks and requiring projects to identify financing sources at early stages.
4) Requiring private investors to provide financial information on project costs, operations, maintenance and financing over the life
DMIC will be an essential component of India’s future economic development. Implementation of DMIC Project requires huge investment for building up of infrastructure. It is envisaged that there will be primarily two categories of projects under the purview of state and central government agencies as:
Policy & Strategy for PPP in BangladeshEhsan Tanim
In August 2010, the Government of Bangladesh issued the Policy and Strategy for Public Private Partnership (PPP) to facilitate the development of core sector public infrastructure and services vital for the people of Bangladesh. The PPP program is part of the Government's Vision 2021 goal to ensure a more rapid, inclusive growth trajectory, and to better meet the need for enhanced, high quality public services in a fiscally sustainable manner.
Under this new national policy, the PPP Authority was established as a separate, autonomous office under the Prime Minister's Office to support sector line ministries to facilitate identification, development and tendering of PPP projects to international standards. A PPP Unit under the Ministry of Finance was established to foster an environment of fiscal responsibility and sustainability in PPP projects.
Plastic park scheme Ministry Of Chemical and FertilizersBakul Haria
The document outlines a scheme to establish plastic parks in India to boost the competitiveness and capacity of the domestic plastic processing industry. Key points:
1. The scheme will provide grants up to 50% of project costs, not exceeding Rs. 40 crore per project, to special purpose vehicles (SPVs) formed to set up plastic parks with common facilities.
2. Plastic parks will include infrastructure and facilities for production units as well as research, training, waste management, and other support services.
3. An expert committee will evaluate proposals and provide final approval to projects once detailed project reports are submitted and funding conditions are met.
Guidelines for Modified Scheme for setting up of Compound Semiconductors and ...ssuser668a58
The document provides guidelines for the Modified scheme for setting up Compound Semiconductors / Silicon Photonics / Sensors Fab/ Discrete Semiconductors Fab and Semiconductor Assembly, Testing, Marking and Packaging (ATMP)/ Outsourced Semiconductor Assembly and Test (OSAT) facilities in India. It outlines eligibility requirements including minimum capital expenditure thresholds, defines key terms, and describes the application process and parameters for fiscal support of 50% of eligible capital expenditures that will be provided on a pari-passu basis to approved projects.
Guidelines for Implementation of Scheme for Setting up of 2000 MW Grid-conne...Harish Sharma
This document provides guidelines for the implementation of 2000 MW of grid-connected solar PV power projects under Phase II, Batch III of India's Jawaharlal Nehru National Solar Mission (JNNSM). The key points are:
1) SECI will be the implementing agency and will issue Requests for Selection to develop these projects through a competitive bidding process in various states.
2) Projects will be set up either in solar parks being developed by state agencies or on land arranged by developers, and must be a minimum of 10 MW in size.
3) Developers will be provided viability gap funding of up to Rs. 1 crore/MW based on the funding amount they bid for their project.
CII has been strongly advocating for an Action Agenda towards creating an enabling and integrated policy & regulatory framework, the impact of which could facilitate considerable investments in the Infrastructure sector thus taking India’s Infrastructure story forward.
This issue of Policy Watch takes an in-depth look at the sectoral issues and has outlined some specific recommendations to reinvigorate the growth momentum in the sector.
Traditionally, infrastructure projects in India were owned by the government, but private sector participation is now encouraged due to large investment needs. Private projects are implemented through a special purpose vehicle (SPV) corporate entity. Key parties include project sponsors, the SPV, contractors, lenders, and the government. Infrastructure projects face various risks during construction and operation that must be managed, such as construction risks, market risks, and regulatory risks.
The document provides guidelines for the Prime Minister's Employment Generation Programme (PMEGP), which aims to generate employment through establishment of micro-enterprises. Key details include:
1) PMEGP merges two previous schemes and is administered by the Ministry of MSME, implemented by KVIC at the national level and state KVIC/KVIB/DICs at the state level.
2) Objectives are to generate rural and urban employment through self-employment projects.
3) The subsidy amount ranges from 15-35% of the project cost depending on location and beneficiary category.
VIETNAM - PUBLIC-PRIVATE PARTNERSHIPS – What you must know:Dr. Oliver Massmann
The document provides an overview of public-private partnerships (PPPs) in Vietnam and makes recommendations to promote the country's PPP program. It summarizes that Vietnam passed new PPP decrees in 2015 but faces challenges developing projects, including a lack of capacity and coordination among government agencies. It recommends developing a visible pipeline of priority projects, improving government capacity through training, and streamlining regulations to address inconsistencies and gaps regarding key issues like viability gap funding, land rights, and dispute resolution.
The document discusses the Build Operate Transfer (BOT) model, where a private sector builds infrastructure, operates it, and eventually transfers ownership to the government. It involves the host government, concessionaire, lending banks, and other parties. Under the model, the private developer designs and implements large projects, operates them to charge customers and realize profit for a specified period, before transferring ownership. Key risks include political, technical, financing, and costs. Recent BOT examples discussed are developing new railway lines in India and the Delhi Noida Direct expressway.
National monetisation project by Bhawna BhardwajBhawnaBhardwaj24
The document summarizes India's 2016 demonetization of ₹500 and ₹1000 banknotes. It discusses:
- The Indian government announced on November 8, 2016 that these banknotes would no longer be legal tender. New ₹500 and ₹2000 notes would be introduced.
- The goal was to curb black money, counterfeiting, and terrorism financing. However, 99.3% of demonetized notes were eventually deposited, indicating most black money was not in cash.
- It caused significant economic disruptions as people queued to exchange notes. Several deaths occurred. Digital payments increased but GDP and jobs declined in the short term.
- The move had mixed economic effects
The document summarizes India's 2016 demonetization of ₹500 and ₹1000 banknotes. It discusses:
- The Indian government announced on November 8, 2016 that these banknotes would no longer be legal tender. New ₹500 and ₹2000 notes would be introduced.
- The goal was to curb black money, counterfeiting, and terrorism financing. However, 99.3% of demonetized notes were eventually deposited, indicating most black money was not in cash.
- It caused significant economic disruptions as people queued to exchange notes. Several deaths were linked to the rush. Cash shortages impacted many industries.
This document discusses infrastructure development through public-private partnerships (PPPs) like build-operate-transfer (BOT) models. It provides details on BOT structuring, including that a private company builds and operates an infrastructure asset for a set concession period before transferring it to the public sector. The document also examines options for PPPs ranging from short-term service contracts to long-term divestitures. As a case study, it outlines plans for Mumbai's first metro rail corridor to address public transportation needs through a PPP.
The document discusses public-private partnerships (PPPs) for infrastructure projects. It defines PPPs and notes that they involve long-term contractual agreements where private partners finance, build, and operate infrastructure traditionally provided by the public sector. Common PPP models include build-operate-transfer agreements where the private partner builds and operates a facility that is later transferred back to the public sector. PPPs aim to attract private financing while allocating risks to the public or private sector best able to manage them.
This document provides guidelines for procuring public-private partnership (PPP) projects in Karnataka through the Swiss Challenge process. It defines key terms, outlines the applicability and procedures.
The procedures include a private entity initially submitting an unsolicited proposal which is evaluated for public need and feasibility. If suitable, the proposal is made available for competitive bidding through a Swiss Challenge process. This allows other entities to submit competing proposals. The original proponent gets a chance to match the best competing proposal before a concessionaire is selected. The guidelines aim to ensure transparency and competition in government procurement.
Similar to Scheme for Financial Support to Public Private Partnership in Infrastructure (20)
The document provides an overview of the districts of Surat and Tapi in Gujarat, India. Some key points:
- Surat is a major commercial hub known for textiles, diamonds, and chemicals. It contributes significantly to Gujarat's GDP.
- Major industries include textiles, gems and jewelry, chemicals and petrochemicals. Surat accounts for large shares of national diamond cutting and polishing.
- The districts have seen large investments in sectors like energy, oil and petroleum. Surat attracted over INR 35,975 crores between 1998-2007 across industries like engineering and textiles.
- Surat is an important producer of fruits, vegetables and minerals in
Sabarkantha district in Gujarat has an economy dependent on agriculture and dairy farming. The district is a major producer of cereals, ber, and pomegranates in Gujarat. Key industries include dairy processing by Sabar Dairy, textiles by companies like Gujarat Ambuja, and ceramics production centered in Prantij and Himmatnagar. Small scale industries are an important employer and focus on ceramics, chemicals, plastics, and commercial equipment. The district possesses raw materials like clay and minerals that support its industrial development.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
Gujarat International Finance Tec-City (GIFT) is a proposed new financial hub in India. The summary is:
1) GIFT aims to be a globally competitive financial center to attract financial and IT services by offering world-class infrastructure and amenities.
2) Located in Gujarat, it will be developed through a public-private partnership between the state government and IL&FS on over 2 square kilometers.
3) The master plan includes over 90 million square feet of commercial and residential space across various landmark buildings up to 405 meters tall, with supporting social infrastructure.
Gujarat International Finance Tec-City (GIFT) is a proposed financial hub in India located in the state of Gujarat. The project aims to develop a world-class financial and IT services center to capitalize on India's financial services potential and attract global firms by providing infrastructure on par with international standards. GIFT plans to be a centralized hub for financial services and related industries, with the goal of generating 500,000 jobs directly and indirectly by 2020 through the development of commercial, residential and other facilities across 550 acres of land.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive function. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms for those who already suffer from conditions like anxiety and depression.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document outlines the program structure for an international seminar on responsive and inclusive healthcare held in Gujarat, India. The full-day event consisted of four panel discussions focused on evolving investment ecosystems in healthcare, emerging trends and opportunities in healthcare education, healthcare for rural areas through public-private partnerships, and prospects for prosperity in the healthcare sector. Government officials, healthcare industry leaders, and experts participated in the inaugural session and panel discussions aimed at developing strategies and a path forward for inclusive growth in India's healthcare sector.
Scheme for Enhancement of Technical Competence and ManpowerOur Vibrant Gujarat
The document outlines 4 schemes to enhance technical competence and manpower in Gujarat:
1. Establish anchor institutes in focused sectors to coordinate training programs. They will identify nodal institutes and oversee performance.
2. Run short-term industry-specific courses through public-private partnerships at existing institutes. The industry partner funds 25% of costs and trainees.
3. Set up extension training centers at industrial areas to offer specialized courses. Land and buildings are provided, and 75-100% of equipment costs are covered.
4. Support specialized skill development centers in areas like marine engineering. Assistance covers 50% of project costs, up to Rs. 2 crore.
This document outlines Gujarat's Industrial Policy 2009 scheme to provide assistance to Micro, Small, and Medium Enterprises (MSMEs). The scheme aims to make Gujarat's MSMEs more competitive by offering incentives such as interest subsidies, quality certification assistance, skill enhancement programs, technology acquisition funds, and more. Eligible MSMEs can receive these incentives individually or in combination, with some incentives limited to one time usage over five years. Larger enterprises are also eligible for some incentives. The scheme will be administered through state and district-level approval committees.
This document outlines the establishment of an Investment Facilitation Mechanism by the Government of Gujarat to improve the ease of doing business in the state. Key aspects include:
1) Constitution of District, State, and High Level Investment Facilitation Committees to receive applications, grant in-principle approvals, and review processing of applications by competent authorities.
2) Designation of iNDEXTb as the nodal agency to guide entrepreneurs, provide secretarial support to committees, and pursue clearance of applications.
3) Introduction of combined application forms, self-certification by entrepreneurs, and mandatory time limits of up to 90 days for competent authorities to process applications.
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help protect against mental illness and improve symptoms.
The document outlines Gujarat State's mineral policy for 2003. It aims to increase mineral exploration, exploitation, and value addition through private participation and outsourcing over the next 5 years. Key goals include increasing the area under mining leases and quarry leases from 42,680 hectares to 61,024 hectares, increasing major mineral production from 2.77 to 4.47 crore metric tonnes, and minor mineral production from 3.03 to 4.88 crore metric tonnes. The policy also aims to increase annual mineral revenue from Rs. 174.82 crore to Rs. 500 crore over the 5 year period through measures like rationalizing royalty rates and curbing illegal mining.
This document outlines the IT policy of Gujarat, India from 2006 to 2011. The key goals were to attract Rs. 5000 crores of investment in the IT sector and provide direct employment to 200,000 people in the IT sector over five years. The policy provided various incentives for IT companies such as land allocation, electricity duty exemption, simplified labour laws, and capital funding. It also focused on developing IT infrastructure like parks and enhancing the skilled workforce.
The document outlines Gujarat's new industrial policy, with the objectives of facilitating investment, generating employment, and ensuring high quality standards. It highlights Gujarat's strong economic growth and industrial development. The policy aims to position Gujarat as a global investment destination by creating a conducive environment and directing investment towards sustainable and inclusive development. It also seeks to leverage the state's strengths to attract capital relocating due to the global economic downturn.
Highlights of Industrial Policy (2009) - Gujarat GovernmentOur Vibrant Gujarat
The document discusses the benefits of exercise for mental health. Regular physical activity can help reduce anxiety and depression and improve mood and cognitive functioning. Exercise causes chemical changes in the brain that may help boost feelings of calmness, happiness and focus.
This document outlines Gujarat's new Industrial Policy for 2003. It discusses Gujarat's leadership in industrialization and economic reforms in India. Key points include positioning Gujarat to benchmark with Asian tiger economies through 15%+ annual industrial growth. Special Economic Zones and flexibility of labor laws are highlighted as competitive advantages. Support for small/medium enterprises and cluster development is emphasized. The policy aims to establish Gujarat as a globally recognized quality producer through marketing and a gas-based economy.
Scheme for Financial Support to Public Private Partnership in Infrastructure
1. Scheme for Financial support to Public
Private Partnership in Infrastructure i.e.
Viability Gap Fund.
Government of Gujarat
Industries and Mines Department
G.R. No. IDB/112006/2536/I
Sachivalaya, Gandhinagar.
Date : 25/07/2007
Read :
1) A Scheme for support to public Private partnerships in Infrastructure.
Issued by Ministry of Finance, Department of Economic Affairs of July,
2005.
Preamble :
Ministry of Finance Department, Department of Economic affairs has introduced
a scheme for support to public private partnership (PPP) in infrastructure. G.O.I.
has made provision to financially support the viability gap to the tune of 20% of
the cost of the project in the form of capital grant from its viability gap fund. The
scheme is confined to Public Private Partnership projects taken by the
Government or its agencies, where the private sector is selected through open
competitive public bidding.
Under the scheme of Government of India, a provision has been made that
Government of India’s support will be limited to tune of 20% of the cost of the
Project. It is also mentioned that State Government or its agencies that owns the
project may also provide additional grants out of its budget not exceeding further
20% of the total cost of the Project.
Infrastructure Development is a crucial sector as recognized in the current five
year plan. Even State Government’s vision 2020, envisages huge requirement of
169918 crores considering five years’ shelf of projects in various sectors. So the
development of infrastructure facilities is of paramount importance for the State
in order to ensure flourishing of economic development across all sectors.
The development of Infrastructure Projects requires large investments and cannot
be undertaken out of public financing. Similarly such projects are not financially
viable on stand alone basis as they have long gestation period and having limited
financial return. Hence they are not attractive to the private sector. State
2. Government was therefore considering introducing a new scheme for extending
financial support to such PPP Projects in the sectors of infrastructure.
Government Resolution
Accordingly, on due consideration, Government is pleased to introduce a new
scheme as under :
1. The Scheme :
The Scheme will be for financial assistance to the projects having Public Private
Partnership in the sectors of Infrastructure. It will known as “Viability Gap
Funding Scheme” and will be implemented by GIDB.
It will come in force from the date of issue of this G.R. and will remain in
operation for the period of 5 years.
2. Definitions :
In this Policy, unless the context otherwise requires :
(i) “Empowered Committee” means Executive Committee of GIDB
constituted under section 25 of the Gujarat Infrastructure Development
Act, 1999
(ii) “Steering Institution” means the Gujarat Infrastructure Development Board
(GIDB)
(iii) “Lead Financial Institution” means the financial institution (FI) which is
funding the PPP project and in case there is a consortium of FIs, the FI
designated as such by the consortium.
(iv) “Private Sector Company” : means a Company in which 51% or more of
the subscribed and paid up equity is owned and controlled by a private
entity.
(v) “Project Term” means the duration of the concession agreement for the
PPP Projects, entered in to upon recommendation of the GIDB under
section 5 of the GID Act, 1999.
(vi) “Public Private Partnership (PPP) Porject” means a project based on a
concession agreement between State Government, Government agency or
specified Government agency on one side and private sector (company) on
the other side, for delivering infrastructure services on payment of user
charges, as per the provision laid down under section 9 of the GID Act,
1999.
(vii) “Total Project Cost” means the lower of the total capital cost of the PPP
Project; (a) as estimated by the State Government, Government agency or
specified Government agency which owns the project. (b) Sanctioned by
3. the Lead Financial Institution, but does not in any case include the cost of
land incurred by the State Government, Government agency or specified
Government agency;
(viii) “Viability Gap Funding or Grant” means a grant, one – time or deferred,
provided under this Scheme with the objective of making a project
commercially viable.
2. Eligibility :
(a) The project shall be implemented i.e. developed, financed, constructed,
maintained and operated for the Project Term by a Private Sector Company
to be selected by the Government or Government agency or specified
Government agency through a process of competitive Public Bidding
prescribed under section 9 of GID Act, 1999 as amended from time to
time. In case of Railway projects that are not amenable to operation by a
Private Sector Company, the empowered Committee may relax this
eligibility criterion.
Provided that the projects where any nature of concession agreement as
provided in schedule II of the GID Act, 1999 has been entered into shall be
eligible projects under this policy.
Provided further that no assistance under this policy can be sanctioned to
existing ongoing BOT / BOOT projects.
(a) The PPP Project should be from one of the following sectors :
1. Roads (including but not limited to new alignment, over bridges by
passes and / or widening and strengthening and up gradation of
existing roads).
2. Ports and it Harbours (including but not limited to construction of ne
Ports. Extension and / or capacity augmentation of the existing
Ports).
3. Power (including but not limited to generation, transmission and
distribution network and modernization or up gradation of existing
plant).
4. Urban transport (limited to new or Greenfield systems).
5. Water Supply & Sewerage (including but not limited to water supply
through canal, pipeline or any other network and / or widening and
strengthening or up gradation of such existing network).
6. Solid waste management (including but not limited to new system
and or modernization or improvement of existing system).
7. Tourism and Convention Centres. (Including but not limited to new
system and or modernisation or improvement of existing projects).
8. Infrastructure projects in the vicinity of Special Economic Zones.
4. Provided that the Empowered Committee may, with approval of GID Board, add
or delete sectors / sub-sectors from the aforesaid list.
(c) The project shall provide a Service against Payment of a pre-determined
Tariff or User charges.
(d) The State Government, Government agency or specified Government
agency as the case may be, should certify, with reasons :
1. That the tariff / user charges cannot be increased to eliminate or
reduce the viability gap of the PPP Project.
2. That the Project Term cannot be increased for reducing the viability
gap; and
3. That the capital costs are reasonable and based on the standards and
specifications normally applicable to such projects and that the
capital costs cannot be further restricted for reducing the viability
gap.
(e) The Scheme shall be applicable to both types of projects i.e. projects where
in Government of India has sanctioned assistance under their Scheme and
those, wherein such assistance is not sanctioned or the project has not been
submitted to Government of India for such assistance.
4. Eligible expenditure and quantum of Assistance
(1) The total viability Gap Funding under this scheme shall not exceed 20% of
the Total Project Cost.
(2) Viability Gap Funding under this scheme will normally be in the form of a
capital grant at the stage of project construction. Proposals for any other
form of assistance may be considered by the Empowered Committee and
sanctioned on a case to case basis, with the approval of GIDB.
(3) Viability gap funding and the amount thereof will be sanctioned by the
Empowered Committee subject to budgetary ceiling and with regard to the
nature of the project and priority of the State including regional and
sectoral balance.
(4) In the first two years of operation of the scheme, projects meeting the
eligibility criteria will be funded on a first-come, first served basis. In later
years, if need arises, funding may be provided based on an appropriate
formula, to be determined by Empowered Committee, that balances needs
across sectors in a manner that would make broad base the sectroal
coverage and avoid preempting of funds by a few large projects.
(5) It shall not be open for the project owner to get benefit of any other
Scheme of the State Government when assistance has been sanctioned
under this scheme.
5. 5. Approval of Project proposals :
(1) Project proposals may be submitted to GIDB by a State Government,
Government agency or specified Government agency which owns the
underlying assets. The proposals shall include the requisite information
necessary for satisfying the eligibility criteria specified in paragraph 3
above.
(2) Projects based on standardized / model documents duly approved by the
State Government would be preferred. Stand-alone documents may be
subjected to detailed scrutiny by GIDB.
(3) Empowered Committee will consider the project proposals for Viability
Gap Funding and may seek the required details for satisfying the eligibility
criteria.
(4) Within 3 months of receipt of a project duly completed as aforesaid, GIDB
shall inform State Government, Government agency or specified
Government agency as the case may be whether the project is eligible for
financial assistance under this scheme. In case the project is based on stand
alone documents (not being duly approved model / standard documents),
the approval process may require an additional 60 days.
(5) Notwithstanding the approval granted under this scheme, projects
promoted by the State Government or its agencies shall be approved and
implemented in accordance with the procedure specified by the Board
from time to time.
6. Procurement process for PPP Projects
(1) The Private Sector Company shall be selected through a transparent and
open competitive bidding process, as specified under Section 9 of the GID
Act, 1999. The criterion for bidding shall be the amount of Viability Gap
Funding required by a Private Sector Company for implementing the
project where all other parameters are comparable.
(2) The Government or statutory entity proposing the project shall certify that
the bidding process conforms to the provisions of this scheme and convey
the same to GIDB prior to disbursement of the grant.
7. Appraisal and monitoring by lead financial institution :
(1) Within four months from the date on which eligibility of the project is
conveyed by GIDB to the concern Government / statutory entity, the PPP
Project shall be awarded in accordance with paragraph 6 above.
6. Provided that upon application made to it by the concerned Government /
statutory entity. GIDB may extend this period by not more than two
months at a time.
(2) The Lead Financial Institution shall within three months from the date of
bid award, present its appraisal of the project for the consideration and
approval of empowered Committee. Provided that upon application of the
State Government or concerned agency, Empowered Committee may
extend this period by not more than one month at a time.
(3) The Lead Financial Institution shall be responsible for regular monitoring
and periodic evaluation of project compliance with agreed milestones and
performance levels, particularly for the purpose of disbursement of
Viability Gap Funding. It shall send quarterly progress report once every
quarter for review by the Empowered Committee.
8. Disbursement of Grant :
(1) A Grant under this scheme shall be disbursed only after the Private Sector
Company has subscribed and expended the equity contribution for the
project and will be released in proportion to debt disbursements remaining
to be disbursed thereafter.
(2) Empowered Committee will release the Grant to the Lead Financial
Institution as and when due. In case of additional grant to be released by
the local State Government or any other statutory body, the GIDB may
release fund under this scheme in proportion to the grant released by such
bodies.
(3) The representative of the GIDB, the Lead Financial Institution and the
Private Sector Company shall enter into a Tripartite Agreement for the
purpose of this scheme. The format of such Tripartite Agreement shall be
prescribed by GIDB, GIDB shall disburse funds to the respective lead
Financial Institutions and debit as the case may be to :
For General Sector
Demand No. 49
M.H. 285 – Industries
(800) Other Expenses
Minor Head (29) Scheme for Financial support to PPP Project in Infrastructure
sectaries. Viability Gap Fund.
For Tribal Sector
Demand No. 96
MH 2852 – Industries
Sub-Major Head (80) General (796) TASP
7. In or head (1) Scheme for Financial Support to PPP Projects in infrastructure
sector i.e. Viability Gap Fund.
CEO, GIDB will keep necessary proper record in proper pro-forma and shall
maintain a separate account for the utilization of this grant.
This issued with the concurrence of F.D. Dated 29/3/07 on this department file of
even number.
By order and in the name of the Governor of Gujarat.
(P. H. Jagtap)
Section Officer
Industries and Mines Department
Copy to :
1) Secretary to Hon. Governor of Gujarat
2) Principal Secretary to Hon. Chief Minister
3) Personal Secretary to all Ministers
4) Advisor the Chief Minister
5) Under Secretary to Chief Secretary.
6) Additional Chief Secretary, Finance Department
7) Personal Secretary to P.S.I. & M.D.
8) C.E.O. GIDB
9) Industries Commissioner, Udhyog Bhavan
10) Accountant General Ahmedabad / Rajkot
11) Select File.