127 firms qualified for PPP schools in India

Subscribe to our newsletter and get the latest news and business opportunities in your inbox
127 firms qualified for PPP schools in India

A total of 127  firms have been qualified by the Human Resources development (HRD) ministry to partner with the government to build 459 model schools under the public-private partnership mode.

Companies such as Bharti Foundation, Adani Foundation and IL&FS Education and Technology have been qualified.

Private sector players will acquire land, build infrastructure and manage and operate the schools.

Montek Singh Ahluwalia, Deputy Chairman of Planning commission, stated:

The government will be paying from the existing budget and has not made any special separate budget for the same. We are not paying for the capital payment.

The Model School Scheme of the Ministry of Human Resource Development, Government of India aims to set up 2,500 model schools under PPP mode as benchmark of excellence. Initially, 459 such schools are proposed to be set up.

The Ministry of Human Resource Development, Department of School Education and Literacy accordingly invited qualification proposals from interested private entities in 2012.

India's education sector has been widely criticized for the lack of imparting quality education.

See list of qualified firms: http://mhrd.gov.in/sites/upload_files/mhrd/files/RFQ-II_Result_Notification.pdf

List of country news

Country news

  • January 30, 2014

    IL&FS Transportation signs Gujarat BOOT car park

    IL&FS Transportation Networks will develop a multi-level car parking facility at Gandhinagar in Gujarat, India. Read more
  • February 04, 2014

    IL&FS and Ramky complete road PPP project in Andhra Pradesh

    IL&FS Transportation Networks Ltd has informed the Bombay Stock Exchange (BSE) that its concessionaire for the project "Four Laning of Narketpally - Addanki - Medarametla Road (SH-2) from km 0.000 to km 212.500 in the State of Andhra Pradesh" has obtained a Provisional Completion Certificate by the Andhra Pradesh Road Development Corporation effective January 02, 2014. Read more
  • February 04, 2014

    Tamil Nadu launches RFQ for Chennai Monorail PPP project

    The Government of Tamil Nadu, through the Metropolitan Transport Corporation of Chennai, Read more
  • February 05, 2014

    IL&FS completes construction of border checkpost of PPP project

    Madhya Pradesh Border Checkpost Development Company Limited, a company cosponsored by  IL&FS Transportation Networks Ltd (51 %) and Spanco Limited (49 %), has been issued provisional completion certificate to commercially operate the Mhow Neemuch Border Check Post with effect from January 27, 2014. Read more
  • February 05, 2014

    Sadbhav and Ashoka win road PPP projects in Karnataka

    The Government of Karnataka has awarded two road PPP projects in the state. Read more

Share this news

Join us

In order to get full access to News section, you must have a full subscription. You can check all the benefits of becoming a member and purchase a subscription on our membership page.