Present Status of Scheme for Support to Public Private Partnerships in Infrastructure Projects ( Viability Gap Funding )
Scheme for support to Public Private Partnerships in Infrastructure projects has been approved by the Cabinet recently. Department of Economic Affairs has issued guidelines for the scheme which envisages viability gap funding support to eligible projects. In order to make maximum utilization of this assistance window, DEA has suggested that the Ministries which do not have a Model Concession Agreement ( MCA) may initiate steps to formulate such a Model Concession Agreement. This Ministry has requested WSP-SA to prepare MCA for water supply & sanitation sector.
DEA has issued a notification regarding setting up of an Empowered Committee and Empowered Institution.
An outlay of Rs. 600 crore has been in the current financial year i.e. 2005-06 for the scheme.
Guidelines have been circulated to all State Governments / UTs for information and necessary action. M.C.A. is under preparation of WSP-SA.
Eligible Sectors for Viability Gap Funding under this Scheme are:
Roads and bridges, railways, seaports, airports, inland waterways;
- Urban transport, water supply, sewerage, solid waste management and other physical infrastructure in urban areas;
- Infrastructure projects in Special Economic Zones; and