Model Concession Agreement India

However, contrary to previous experience, the third edition of the MCA is developed by the ministry on the basis of ideas or proposals from “existing/potential investors/PPP dealers/individuals/stakeholders.” It is generally a useful document to form the basis of a port concession agreement. The following questions should be considered as a model of agreement – and should be part of a feasibility study for each proposed project. Barely two years after the NDA-1 cabinet revised the model concession agreement (MCA) for public-private partnership (PPP) projects with large port funds, the Ministry of Navigation is back on the drawing board in an attempt to reshape the key document that defines the terms of a port contract. “Instead of reviewing the wavs, why not consider solving the problems of existing concession agreements. You are only talking about a new MCA. The time must consider and correct the difficulties/problems of existing concession agreements,” he said. This agreement should be read as part of the Major Ports Trust Act of 1983 and other port laws. In particular, the amount of the tariff is regulated by the tariff authority of high-interest ports and is not set by the concession agreement. The Indian Planning Commission has developed an energy scenario development tool, the India Energy Security Scenarios 2047, which is studying a number of potential energy scenarios for India by 2047 for different sectors of energy demand and supply. The energy initiative is accessible to the public via an interactive graphic web interface, an excel model and comprehensive sectoral documentation. Details…

Find the list of contacts and internal phone calls of the planning commission. Officer Nodal`s contact information is available. Users can also access the telephone numbers of the Commission`s president, vice-president, secretaries, advisors and other important officials. The MCA, approved in 2018, allowed developers to leave the project completely by selling their equity after two years from the date of commercial operation. The Planning Commission gives you access to annual plans for EU states and territories (UTs). Users can download annual plans for different states and UT. Annual plans from 2009 are available. Circumstances in which this contract might be appropriate: on 3 January 2018, the EU cabinet approved amendments to the Model Concession Agreement (MCA) on Public-Private Partnerships (PPPs) in the port sector to make port projects more investment-friendly.

Among other things, the new MCA offers developers an easier way out, since after only two years of commercial operation, they can now sell 100% equity from the Commercial Operation Date (COD). The new MCA also reduces standard land rents to reduce the cost of expanding port facilities. The mcA, which currently follows, was approved by the firm in January 2018 – the previous document was finalized about two decades ago, when the government launched private funds in the large port sector – to “make port projects more investor-friendly and make the investment climate in the port sector more attractive.”

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