Failure of earlier UMPPs was largely due to unwillingness of lenders to fund a Rs 20,000-crore power project with 4,000 MW of capacity on a design, build, finance, operate and transfer model where the asset ownership did not vest with the developer.
The 2-day workshop seeks to make the SITP scheme more effective by identifying and sharing best practices for its implementation.
The company has been performing well in segments like buildings, irrigation but orders from the transmission line segment are at nascent stage said, S Ramachandran of IVRCL