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Home > All news > Business, Economy, Port > Finance Ministry deliberates on PPP and Project Structuring Toolkit for Ports Sector

Finance Ministry deliberates on PPP and Project Structuring Toolkit for Ports Sector

March 18, 2024
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Finance Ministry deliberates on PPP and Project Structuring Toolkit for Ports Sector

…More than 45 representatives of Centre and State/UT Government departments, private players and Major Ports Authorities attends in hybrid mode

New Delhi - The Infrastructure Finance Secretariat (IFS), Department of Economic Affairs (DEA), Ministry of Finance (MoF), organised a two-day workshop in hybrid mode on 14th-15th March,2024 in New Delhi.

The workshop was held to sensitise stakeholders from Ports sector, and on how to structure PPP projects using the web-based PPP structuring toolkit in Ports sector. The workshop was attended by more than 45 representatives of Centre and State/UT Government departments, private players and major ports authorities.

Ports Sector requires proper project structuring due to inherent complexities involved. Understanding this need, ‘PPP Structuring Toolkit’ is one among the initiatives that IFS has taken to support the Project Sponsoring Authorities (PSAs) and other stakeholders to structure their Port projects in PPP mode with objectivity and to boost private sector investment for development of ports sector in the country.

Finance Ministry deliberates on PPP and Project Structuring Toolkit for Ports Sector

This workshop, which is the fourth in a series catering to Ports Sector, was inaugurated by Ms. Preeti Jain, Director, Infrastructure Support & Development (ISD) Division, DEA, MoF. Ms. Jain highlighted the importance of infrastructure and the need for creating a shelf of viable infrastructure projects to take India on a higher growth trajectory and further encouraged the participants to structure PPP projects in Ports sector.

The workshop included sessions on demonstration of toolkit and further included hands-on sessions understanding of tools developed for evaluating projects in Ports sector. The workshop familiarised participants with the toolkit's overview and objectives through the case studies for practical understanding, detailing its five integral tools: -

  • Suitability Filter
  • Family Indicator Tool
  • Mode Validation Tool
  • Financial Viability Indicator, and
  • Value for Money Indicator tool

IFS also showcased the ‘Contingent Liability Toolkit’, which gives a hands-on approach to the PSAs for estimating probable pay-outs of the PSA due to occurrence of various contingencies. The workshop witnessed active participation from officials representing Central Ministries/Departments, various State/UT Governments and from all major ports’ authority.

Disclaimer: This information has been collected through secondary research and Daily Shipping Times is not responsible for any errors in the same.

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