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World over, public-private partnerships
(PPP) have become the cost-effective way for Governments
to fund and kick-start infrastructure projects that
might otherwise never see the light of day. Public-Private
Partnerships between proactive and visionary Governments,
and seasoned and experienced private partners, are
proving to be win-win propositions for all players
as well as the public at large.
L&T Infrastructure Development Projects Limited
(L&T-IDPL) – a subsidiary company of L&T
– works towards PPPs for various infrastructure
projects. It targets projects to be executed on
principles of Build-Own-Operate-Transfer (BOOT),
Build-Operate-Transfer (BOT), Build-Own-Lease-and-Transfer
(BOLT), Build-Own-Operate-Share-and-Transfer (BOOST)
and their variants including the annuity approach.
The projects could typically be promoted by consortia
of private and public sector companies, financial
institutions and MNCs.
L&T-IDPL has in the past successfully promoted
and executed many infrastructure projects through
public-private partnership with the Central and
various State Governments in India. Projects developed
and targeted by L&T–IDPL include highways
and expressways, bridges, seaports/terminals, airports,
ropeways, water supply projects, sanitary engineering
projects, bulk material handling projects, power
transmission utilities, IT and industrial parks/estates,
petro parks, public car parks, gas/oil pipelines,
hydel power projects and non-conventional energy
projects.
The Company is manned by a team of highly motivated
and knowledgeable planners, negotiators, conceptualisers,
economists and financial experts who ensure that
the nitty-gritty of forming Special Purpose Vehicles
for each large project, getting the right talent
together, financing and putting the agreement into
motion, are all handled professionally.
L&T-IDPL draws on L&T’s traditional
strengths, wide-ranging experience and expertise
to execute projects on Engineering, Procurement
and Construction (EPC) basis. It has the single
biggest advantage of offering ‘single-window’
solutions to Governments and public sector organisations.
The company has dedicated in-house teams for every
single aspect of project implementation –
from planning to execution to operation and maintenance
- and scores a perfect 10 when it comes to credentials,
experience and track record. |
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