IDFC training for NHAI brass soon.
Economic Times (New Delhi, India), October, 2006
Byline: Priyanka Talwar
Oct. 28--NEW DELHI -- The National Highways Authority of India (NHAI) has roped in Infrastructure Development Finance Corporation (IDFC) to train its senior management on various aspects of the model concession agreement (MCA). Trained staff are expected to expedite faster implementation of public private partnership (PPP) projects in the road sector. "The programme will familiarise NHAI officials with PPP concepts, project development processes and implications of various provisions of the MCA," an NHAI official said. The authority has been facing flak from private concessionaires over mismanagement and lack of expertise in handling PPP projects.
The government has been making efforts to step up road sector performance and...
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