New concession model introduced to monetise existing Government/SOE infrastructure assets
Key features are outlined as below:
Key features are outlined as below:
The selection of assets is based on asset’s track record of exhibiting certainty in toll generation. As the assets are operating, concessionaires do not bear any developmental and construction risks.
Accordingly, the assets should (i) be operational with observable traffic demand and be supported by (ii) reliable traffic forecast with (iii) substantial capital expenditure already incurred thereby de de-risking the concession from development and construction risks.