Uttar Pradesh has claimed the top spot with the highest share of about 15 per cent in PPP projects across India, followed by Maharashtra and Gujarat, a recent Assocham-SREI study said.
"PPPs are an important policy instrument that will enable India to compress time in this journey towards economic growth and development. A successful and growing stream of PPPs in infrastructure will go a long way in accelerating the country's development process," said the report, which was made public by the Finance Ministry.
The company will get vacant land worth Rs 27.50 crore and the transferable development rights (TDR) of Rs 13.50 crore.
Speaking to CNBC-TV18, Terdal said the company won't be immediately impacted by positive reforms but government's PPP initiatives will help stranded road and power projects. The company's joint venture with Philippines Airport will start making profits from this year and will add around Rs 110 crore in revenue.
The Cabinet note on rescheduling premium of public private partnership (PPP) projects has been moved. Sources told CNBC-TV18's Rituparna Bhuyan that there are some stringent conditions that have been proposed.
The Planning Commission will be seeking an approval from the Cabinet on remedial measures to address issues hampering Public Private Partnership projects.