{"id":365216,"date":"2020-07-29T10:09:17","date_gmt":"2020-07-29T04:39:17","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365216"},"modified":"2020-07-29T10:15:24","modified_gmt":"2020-07-29T04:45:24","slug":"covid-19-effect-upcoming-road-projects-may-shift-to-ppp-on-weak-govt-funds","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/covid-19-effect-upcoming-road-projects-may-shift-to-ppp-on-weak-govt-funds\/","title":{"rendered":"Covid-19 effect: Upcoming road projects may shift to PPP on weak govt funds"},"content":{"rendered":"<p>With the government finances getting adversely affected due to the Covid-19 pandemic, there will be a shift towards PPP-based road projects, a top IRB Infrastructure official said. <\/p>\n<p>Addressing the company&#8217;s 22nd annual meeting virtually, the company&#8217;s Chairman and Managing Director Virendra Mhaiskar said the firm will focus on BOT (build-operate-transfer)-based projects. <\/p>\n<p>&#8220;The (coronavirus) pandemic has impacted government finances for foreseeable future, and, hence, the upcoming awards will likely shift more in favour of public-private partnership (PPP) model such as BOT or toll-operate-transfer (TOT) projects that are funded by private players, and away from the current hybrid annuity and EPC (engineering-procurement-construction) models which put the onus of funding entirely on the government,&#8221; Mhaiskar said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>With the government finances getting adversely affected due to the Covid-19 pandemic, there will be a shift towards PPP-based road projects, a top IRB Infrastructure official said. Addressing the company&#8217;s 22nd annual meeting virtually, the company&#8217;s Chairman and Managing Director Virendra Mhaiskar said the firm will focus on BOT (build-operate-transfer)-based projects. &#8220;The (coronavirus) pandemic has impacted government finances for foreseeable future, and, hence, the upcoming awards will likely shift more in favour of public-private partnership (PPP) model such as BOT or toll-operate-transfer (TOT) projects that are funded by private players, and away from the current hybrid annuity and EPC (engineering-procurement-construction) [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,168],"tags":[],"class_list":["post-365216","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-roads-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=365216"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365216\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}