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Monday, December 28, 2009

SIKKIM: Sikkim taking the PPP route in a big way
More than 17000 crores investment in energy sector.

Karnataka is the top-ranked State in using the public-private partnership (PPP) route, going by the number of such projects awarded and the total value involved. Official data also show that Larsen & Toubro (L&T) Transportation Infrastructure leads the domestic company category, investing the maximum money in PPP projects.

According to the Department of Economic Affairs (DEA), as on November 15, Karnataka had 95 PPP projects with a total outlay of Rs 39,491.85 crore. For the country as a whole, there were 450 PPP projects involving an aggregate outlay of Rs 2,24,175.75 crore.

Andhra Pradesh came a distant second with 63 projects, followed by Rajasthan (49), Madhya Pradesh (37), Tamil Nadu (30), Maharashtra (28) and Gujarat (27).

The surprise element was the small State Sikkim taking the PPP route in a big way by awarding 24 projects in the energy sector with a total value of Rs 17,110.59 crore. Of these, the value of projects with an outlay of over Rs 500 crore was itself Rs 13,708 crore.

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