Article

Related Articles

Infrastructure laws on Naval Ports and Airports

Infrastructure laws on Naval Ports and Airports

The infrastructure sector consists of various sectors. Each sector has its own governing Statue and as such does not bear any harmonisation with the regulations pertaining to other sector. Under these Statutes the private developers are provided with the modes and means to participate by granting them the licenses. In some cases contractual relationship between the private developer and the government is established for the development of a particular infrastructure project.

Government incentives for promoting PPP in India

Government incentives for promoting PPP in India

To encourage the private participation the Government of India has taken initiative by facilitating following funds to the PPP sector. 1. Viability Gap Funding (VGF) – The infrastructure projects which are acceptable economically but typically fall short on financial viability are granted support under this scheme. To qualify under this scheme the private sector sponsors […]

Engineering, Procurement & Construction contract (EPC)

Engineering, Procurement & Construction contract (EPC)

What are Engineering, Procurement & Construction contract (EPC)? The most popular type of contract in the contract management module is Engineering, Procurement & Construction contracts (EPC). This type of contract typically is drawn between the two – the Government (client) and the private sector developer (contractor). Wherein, the entire project is funded by the government. […]