IFA Concludes Workshop on Structuring PPP Projects Using Web-based Toolkit in Ports Sector
- Indian Masterminds Bureau
- Published on 18 Mar 2024, 3:08 pm IST
- 2 minutes read
Highlights
The workshop was held to stimulate stakeholders from the Ports sector and was attended by more than 45 representatives of the Centre and State/UT Government departments, private players and major port authorities
The Infrastructure Finance Secretariat (IFS), Department of Economic Affairs (DEA), and Ministry of Finance (MoF) concluded a two-day workshop in hybrid mode in New Delhi.
This workshop was held to stimulate stakeholders from the Ports sector and to structure PPP projects using the web-based PPP structuring toolkit in the Ports sector. The workshop was attended by more than 45 representatives of Centre and State/UT Government departments, private players and major port authorities.
This fourth in a series of workshops was inaugurated by Ms. Preeti Jain (2009 batch IAS), Director, Infrastructure Support & Development (ISD) Division, DEA, MoF. During the workshop, Ms. Jain highlighted the importance of infrastructure and the need for creating a shelf of viable infrastructure projects to take India on a higher growth trajectory and further encouraged the participants to structure PPP projects in the Ports sector.Related Stories
The demonstration familiarised participants with a toolkit’s overview and objectives through the case studies for practical understanding, detailing its five integral tools –
Suitability Filter;
Family Indicator Tool;
Mode Validation Tool;
Financial Viability Indicator;
Value for Money Indicator tool.
The secretariat showcased the “Contingent Liability Toolkit,” which gives a hands-on approach to the PSAs for estimating probable pay-outs of the PSA due to the occurrence of various contingencies. This workshop featured active participation from officials representing Central Ministries and their various Departments, across several State/UT Governments and from all major port authorities in India.
END OF THE ARTICLE
