Coimbatore to tender water PPP project
The Coimbatore Corporation, the civic body that governs the city of Coimbatore in Tamil Nadu (India), has announced plans to launch the tender process for the 24X7 drinking water supply PPP project.
According to the financial feasibility report, the civic body needs to bring down its contribution in the project to 10% from 30%. The reduction, which has been approved by the corporation, would come from the concessionaire through the PPP.
The reason for the change is the increase in the project investment. The revised funding pattern has increased the cost of the project to Rs5.5 billion (US$88.3 million) from Rs4.5 billion (US$72.2 million) .
A resolution for the revised plan for the project was passed in late January. According to the resolution, the corporation will receive 125 million litres a day (MLD) of drinking water from Pilloor II water scheme.
We have recently reported about several water PPP projects:Country news
-
-
February 16, 2015
India looks to privatize operations of four airports
The Government of India has announced plans to privatize the operations of four airports at Jaipur, Ahmedabad, Kolkata and Chennai. Read more -
February 17, 2015
Uttarakhand launches tender for health centers through PPP
The Government of Uttarakhand, India, has launched a tender process for the development of integrated healthcare facilities through PPP in the districts of Almora & Bageshwar and Terih. Read more -
February 18, 2015
GMR's road PPP project in India to be terminated
GMR Infrastructure's contract to develop the six laning of 555 Km Kishangarh - Udaipur -Ahmedabad highway PPP project in India could be terminated soon. Read more -
February 23, 2015
No bids for Vizhinjam port project
None of the three bidders has submitted a final proposal for the Vizhinjam International Deepwater Seaport (VISL) container terminal PPP project in India. Read more -
February 23, 2015
India approves four road PPP projects
The four projects will be under the National Highways Development Project (NHDP) Phase-V. The road projects will be developed in build, operate, transfer (BOT) (Toll) mode on design, build, finance, operate and transfer (BOT/DBFOT) basis. Read more
