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Construction : Exclusive Report | January 2014 | Source : Construction Update

PPPAC approved five road projects worth Rs 7,595.19 crore

The Public-Private Partnership Appraisal Committee (PPPAC) chaired by secretary, department of economic affairs, ministry of finance in its 62nd Meeting held on 17th January 2014 recommended Public-Private Partnership (PPP) Projects worth Rs. 7,595.19 crore. PPPAC granted approval to five road projects of Ministry of Road Transport & Highways. PPPAC was constituted in January 2006. Till date, the committee has approved 272 central sector projects with total project cost of Rs. 2,96,579.6 crore. These include 223 national highways, 32 ports, 2 airports, 1 tourism infrastructure, 8 housing and 5 sports stadia projects.In the current year, a total of 19 projects with total cost of Rs. 43,903.30 crore have been approved by the PPPAC.
 
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