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Government goes into PPP mode to award massive infra projects

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In an attempt to boost the sagging economy and turn around the negative investor sentiment, the Manmohan Singh government on Friday set a target to unlock and put on offer infrastructure projects worth Rs.1.14 lakh crore in the next six months in the rail, power, ports and aviation sectors. The proposals that will be given a firm shape in the next six months under the public-private partnership (PPP) mode include the Mumbai elevated rail corridor (Rs.30,000 crore), two international airports in Bhubaneswar and Imphal (Rs.20,000 crore) and power and transmission projects (Rs.40,000 crore). The...

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