Wednesday, March 4, 2009

PPPAC approves PPP projects worth Rs 52.20 bn

The public private partnership approval committee (PPPAC) has approved the public private partnership (PPP) projects worth Rs 52.20 billion.

PPPAC has also granted approval to 7 projects of department of shipping and department of road transport and highways. Out of the seven projects, two were from port sector and five were highways under NHDP phase III and III-A. The list of projects, located in five states, is attached.

Since its constitution in January 2006, PPPAC has granted approval to 101 projects, with an estimated project cost of Rs 1,003.84 billion. These include Highways (88 projects), Ports (9 projects), Airports (2 projects) and Tourism Infrastructure (1 project) and Railways (1 project).

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