Haldia sets new precedent for Indian PPPs
- From: Vol 9, Issue 8 (August 2008)
- Category: General
- Region: Asia
- Country: India
- Related Companies: Haldia Development Authority
The signing of the water concession agreement in Haldia is a major step forward in the development of the Indian PPP market. It is the first time an Indian utility has handed so much responsibility over to the private sector.
The 25-year Haldia water supply concession agreement was signed on 18 July between the Haldia Development Authority (HDA) and the consortium of Ranhill Utilities, IDFC Projects and JUSCO. “The project will be the first end-to- end, river-to-tap water project given to a private party by a utility in India,” explains Pradeep Singh, MD and vice chairman of IDFC. “The PPP ...
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