If the private sector wishes to succeed in infrastructure
projects then user charges should be affordable for those
residing in catchment areas. To achieve this there
is an urgent need to truncate costs drastically. We need
to look at how costs could be cut, said Ravi Parthasarathy,
vice chairman and managing director, IF&FS.
at the Summit on Integrated Infrastructure Development
(Suminfra 2003) organised by the Confederation of Indian
Industry Southern Region (CII-SR) he also called for continuity
and predictability of government policies for infrastructure
projects to succeed.
to Sachin Kerur, solicitor (international and energy division),
Masons, UK, a law firm, a country legal framework should
be transparent to provide investors the much-needed comfort.
It is better to have one comprehensive piece of
legislation governing the build-operate-transfer (BOT)
projects than several laws.
the Rs 27,000-crore hit taken by the Delhi state government
while privatising the power distribution in the capital,
Nasser Munjee, managing director and CEO, Infrastructure
Development Finance Corporation (IDFC), said the vision
and willingness of the political class to take hard decisions
are important for infrastructure projects in the private
sector to succeed.
does this benefit the citizens, is one question that should
be used as the measuring rod while taking decisions relating
to infrastructure projects, he said. He also questioned
the need for having several regulators instead of one
regulator with proper systems in place.
calling for close coordination among government-financial
institutions-academic bodies to sort out the issues in
core sector projects, Munjee said a cluster approach will
be easier to implement in infrastructure development.
to the Tamil Nadu chief ministers announcement on
the setting up of two power projects partnering with public
sector power majors he said the intention of public-private
partnership should be demonstrated in actual projects.