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Hybrid Annuity-based PPP model for Namami Gange programme,


 


Mumbai: January 6,2016

Union Cabinet, chaired by Prime Minister Narendra Modi, on January 6 approved the proposal for taking up Hybrid Annuity based Public Private Partnership (PPP) model under Namami Gange Programme which aims to reform the wastewater sector in India.

Marking a paradigm shift in the implementation mode, Hybrid Annuity based Public Private Partnership (PPP) model will now be adopted to ensure performance, efficiency, viability and sustainability.

In this model, a part of the capital investment (upto 40%) will be paid by government through construction linked milestones and the balance through an annuity over the contract duration up to 20 years.

Government will be establishing a Special Purpose Vehicle (SPV) to plan, structure, procure concessionaires, monitor implementation of such PPP projects and develop market for treated waste water through appropriate policy advocacy under overall guidance of National Mission for Clean Ganga (NMCG).

The SPV would enter into a Tripartite Memorandum of Agreement (MoA) with participating State Governments and concerned Urban Local Bodies (ULBs) for taking up individual projects.

These MoAs will aim at introducing reforms and regulatory measures for recovery of user charges on Polluters Pay principle, restrictions on usage of ground & fresh water for non-potable purposes through stricter monitoring and guidelines that promote re¬use of treated wastewater.

Development of the market for treated water will lead to reduced demand on riverine fresh-water and will result in enhanced flows in river Ganga.

Cabinet's approval addresses issues that acted as road blocks for all previous efforts to clean river Ganga while paving way for reform of the wastewater sector in India. It will also facilitate implementation of projects in a fast track mode mode and ensure effective utilisation of funds released under 100% funded 'Namami Gange' - central sector scheme.

 
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MD --SB

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