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Home Investment

Projects: Govt officials train to handle PPP-led developments

Fiinews by Fiinews
May 26, 2022
in Investment, Projects
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UK expertise involved in training for managing PPP infra projects

The Department of Economic Affairs (DEA), in collaboration with the United Kingdom’s Foreign, Commonwealth and Development Office, has concluded a two-day workshop on Public Private Participation in infrastructure development with an objective to sensitize and train government officials in using PPP toolkits for decision making in PPP projects.

The workshop broadly covered introduction and walkthrough of PPP structuring Toolkit, Value-for Money Toolkit, Framework for recognition, valuation and reporting of contingent liabilities Toolkit, Post Award Contract Management (PACM) toolkit.

The sessions were delivered by Industry experts including Mehali Patel, Director CRISIL, RNK Prasad, Consultant Price Waterhouse Coopers and Kushal Kumar Singh, Partner, Deloitte Touche Tohmatsu India LLP.

PPP structuring Toolkits developed by DEA are a web-based resource that has been designed to help improve decision-making for infrastructure PPPs and to improve the quality of the infrastructure PPPs that are implemented in India, the Finance Ministry said on 26 May 2022.

The Toolkits available on www.pppinindia.gov.in are for use by PPP practitioners across India in both the public and private sectors.

The toolkit covers five infrastructure sectors – State highways, Water and Sanitation, Ports, Solid Waste Management, Urban Transport.

Other toolkits such as PPP Post-Award Contract Management Toolkit, Value for Money (VfM) Toolkit, and Framework for recognition, valuation and reporting of contingent liabilities have also been developed to assist in the PPP decision-making process.

The Training programme was inaugurated by Joint Secretary, DEA, Baldeo Purushartha. Special addressees included Shantanu Mitra, Head – Infrastructure and Urban Development, FCDO, Sangeeta Mehta, Senior Programme officer (FCDO), Shoubhik Ganguly, Senior Infrastructure Advisor (FCDO).

For reaching out to maximum stakeholders involved in decision making process, the workshop was organized on hybrid mode and had 155 participants.

Thirty-five of these participants were from 16 Central Infrastructure Line Ministries and Departments including NITI Aayog (Ministries of Housing Affairs, Civil Aviation, Steel, Road Transport and Highways, New and Renewable energy, Power, Railways, Shipping, Food Processing Industries and Department of Telecom, Rural Development, Expenditure, Food and Public Distribution, Water Resources, Promotion of Industry and Internal Trade; and  120 participants from 15 states and 2 UTs — Gujarat, Kerala, Rajasthan, Nagaland, Manipur, Chandigarh, Uttarakhand, Tamil Nadu, Haryana, Madhya Pradesh, Chhattisgarh, Karnataka, Odisha, Andhra Pradesh, Punjab, Jammu and Kashmir and Pondicherry). fiinews.com

Tags: Department of Economic Affairs
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