The Finance ministry has selected
eleven transaction advisors, including Pricewaterhouse Coopers and Ernst &
Young, for assistance in undertaking infrastructure projects through the
public-private partnership route.
The panel, finalised through an
international competitive bidding process, will work out technical and economic
specifications of an infrastructure project before handing it over to private
firms for development. Among those selected are Abacus Legal Group, Crisil
Infrastructure Advisory, Deloitte Touche Tohamatsu, Feedback Ventures and Grant
Thornton of the UK. The panel also included RITES, International Finance
Corporation, Infrastructure Development Finance Company and Infrastructure
Leasing & Financial Services.
The appointment of advisors is
expected to give a fillip to infrastructure projects, especially in the road,
ports, airports and metro train service, in which private sector has shown keen
interest.