Haryana accounts for the maximum share of over 85% with 12 projects worth Rs 66,800 crore under construction in the public-private partnership (PPP) mode, apex industry body Assocham said on Monday.
With two urban development projects under construction in PPP mode, worth about Rs 900 crore, Gujarat ranks sixth in the total number of projects under construction in the urban development sector as of
August 2012, The Associated Chambers of Commerce and Industry of India said in a sector-specific analysis.
A total of 81 urban development projects worth over Rs 78,000 crore are currently under construction in the PPP mode across India. “Out of the total 881 PPP projects worth over Rs 5.4 lakh crore taken up under the PPP model across India, 181 projects worth over Rs 99,300 crore are under different stages of implementation,” said D.S. Rawat, National Secretary-General, Assocham.
“Urban development sector has the share of 20.5 per cent in the PPP projects under construction in various sectors,” said Rawat.
Andhra Pradesh ranks second with seven urban development projects under construction in PPP mode worth about Rs 2,700 crore, followed by Madhya Pradesh with nine projects worth over Rs 2,650 crore, and Rajasthan and West Bengal where seven projects worth over Rs 1,400 crore and 12 projects worth over Rs 1,200 crore are under construction, respectively.
Tamil Nadu has the highest share of over 29 per cent with six projects worth over Rs 1,681 crore in the urban development sector that have been put to service delivery under PPP model.
Besides, there are 49 urban development projects worth over Rs 5,700 crore under operation in the PPP mode, of which Gujarat has one urban development project worth Rs 485 crore under operation.
There is no information about five projects worth over Rs 465 crore in the urban development category with two of them worth over Rs 440 crore in Gujarat and three worth over Rs 23 crore in Kerala. Besides, two projects worth about Rs 1,400 crore in Delhi have been reversed to the public.