Title: India Committee on Infrastructure - Overview of Model Concession Agreement (MCA)
Language: English
Type: Document
Nature: Contract Agreement
Published: January 1, 2024
Region: East Asia and Pacific (EAP)
Country: India
Keywords: Legal Framework *, Legislation and Laws **, India, Model agreement
Document(s):
Document Summary:
This volume responds to the need for evolving a model document that reflects best practices, particularly from the perspective of public policy on the one hand and bankability of projects on the other hand.
Document Details:
Besides all the advantages associated with such a document, this would also enhance the possibilities of securing up to 20 per cent of the capital costs by way of viability gap grants from the Central Government coupled with long-term debt from the India Infrastructure Finance Company (IIFC) for funding up to 20 per cent of the project costs.
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