Model Concession Agreement
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* [http://www.ies.gov.in/myaccount-profile-view.php?memid=316 Gayatri Nair, IES(2004)] | * [http://www.ies.gov.in/myaccount-profile-view.php?memid=316 Gayatri Nair, IES(2004)] | ||
| + | *Email- [mailto:gayatrinair25@gmail.com gayatrinair25@gmail.com] | ||
[[Category:concepts|ModelConcessionAgreement]] | [[Category:concepts|ModelConcessionAgreement]] | ||
Revision as of 07:46, 9 April 2015
Model Concession Agreement (MCA) forms the core of public private partnership (PPP) projects in India. The MCA spells out the policy and regulatory framework for implementation of a PPP project. It addresses a gamut of critical issues pertaining to a PPP framework like mitigation and unbundling of risks; allocation of risks and returns; symmetry of obligations between the principal parties; precision and predictability of costs & obligations; reduction of transaction costs and termination. The MCA allocates risk to parties best suited to manage them.
The Model Concession Agreements for various sectors like National Highways, State Highways, Urban Rail Transit System and Ports are available. The details regarding the MCAs for different sectors and its overview can be accessed at http://infrastructure.gov.in/publications.htm
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