Adani Ports For Minimum 50 Years Of Concession Period In PPP Projects
NDTV
The suggestions made by Adani Ports and SEZ CEO (Ports) Subrat Tripathy at the roadshow of the 3rd Global Maritime India Summit 2023 here were in sync with the ongoing discussions aimed at bolstering India's maritime infrastructure and attracting significant global investments.
Adani Ports and Special Economic Zone (SEZ) on Monday emphasised the need for an "extended" concession period of at least 50 years and a comprehensive dispute resolution mechanism in the Public-Private Partnership (PPP) model in infrastructure projects.
The suggestions made by Adani Ports and SEZ CEO (Ports) Subrat Tripathy at the roadshow of the 3rd Global Maritime India Summit 2023 here were in sync with the ongoing discussions aimed at bolstering India's maritime infrastructure and attracting significant global investments.
"I want to highlight to the minister and the offices of the Ministry of Shipping for both shipping and that a 30-year concession period may not be adequate. The new concession regime already recognises the ability to roll over, but I believe that a 50-year concession period would be more beneficial," Mr Tripathy said.
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