PPP post projects under MCA: Sonowal
Union minister for Ports, Shipping and Waterways, Sarbananda Sonowal announced the revised model concession agreement - 2021 (MCA) for public private partnership (PPP) projects at major ports and said that 31 projects worth more than 14,600 crore will be awarded till 2024-25. As per the Ports, Shipping & Waterways ministry statement, currently, as many as 80 PPP projects with a total investment of over 56,000 crore have been awarded. Of these, 53 projects are under various stages of completion, while 27 are at implementation stage. “The ministry has defined 31 PPP projects to be awarded till FY25, and it expects the new MCA will generate enthusiastic response from the stakeholders,” Sonowal said.