How are you? I am very pleased to write to you again and I would like to share you three big news that took place in the PPP industry in India this week.1.Land acquisition delays: Kamal Nath warns statesNearly as many as 150 highway projects are facing cost overruns, primarily due to delays in land acquisition."If the states do not perform on land acquisition, we will be forced to withdraw the projects in those states...and future projects will be based on the basis of efficiency in land acquisition," Nath told reporters after a meeting with state PWD ministers and Transport Development Council.Nath also said if the states fail to sign the state support agreement for road projects they will not be awarded BOT (build, operate and transfer) projects.2.Kamal Nath expects $3bn funds from UK Minister of road transport and highways, Kamal Nath expects $3 billion of the $10 billion of funding required per annum from foreign sources in the public-private-partnership will come from the UK's financial markets to build a modern infrastructure in India.On Monday, Nath attended the launch of a Britain India Roads Group (BIRG), a consortium of British firms representing specialists in the highways sector, including law firms. The minister said several British firms had indicated interest in bidding for concession agreements for Build Operate and Transfer (BOT) projects. "We would like to see British participation," he declared.3.The government has decided to develop an India-specific technique for collection of tolls on highways."I have requested Nandan Nilekani to head a committee as its chairman to decide on the best tolling technology, most appropriate for India," Road Transport and Highways Minister Kamal Nath told.Nath said institutions in the West, including Japan's Nomura, have shown interest in investing in India. He added that talks were also on with Malaysian government for roping in construction companies for the road sector.This is all. You know, all about Kamal Nath, in the end. Have a good weekend!