Mr. Baldeo Purushartha, Joint Secretary of the Infrastructure Finance Secretariat (IFS), Department of Economic Affairs (DEA), Ministry of Finance (MoF) assembled a two-day workshop on 26 and 27 February on web-based Public Private Partnership (PPP) Project Structuring toolkit for water and sanitation sector in New Delhi.
Public Private Partnership Structuring Toolkit is one among the initiatives that Infrastructure Finance Secretariat has taken to support the Project Sponsoring Authorities (PSAs) and other stakeholders to structure their projects with objectivity and to boost private sector investment in the country.
Mr. Purushartha highlighted the need for creating a shelf of viable infrastructure projects to take India on a higher growth trajectory. The workshop familiarized participants with the 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, and
- Value for Money Indicator tool
The IFS also showcased the ‘Contingent Liability Toolkit’, which gives a hands-on approach to the PSAs for estimating probable pay-outs of the PSA due to occurrence of various contingencies.
Ms. Preeti Jain, Director, DEA, highlighted how infrastructure development contributes to GDP growth and also stressed the necessity of appropriately structuring PPP projects due to their inherent complexities.
The workshop witnessed active participation from officials representing Central Ministries/Departments, various State/UT Governments especially from Urban Local Bodies and stakeholders from other agencies dealing in W&S sector.
