Department of Economic Affairs empanels transaction advisers for PPP Projects

With an aim to provide necessary support to Project Sponsoring Authorities in transaction of PPP projects, the Department of Economic Affairs (DEA), Ministry of Finance has empaneled 12 Transaction Advisers for Public Private Partnership (PPP) Projects.

To create an enabling environment for stepping up of private investment in Infrastructure and to cater State Governments demand, the TA panel is made available to all Central Ministries, State Governments, Statutory Bodies, Public Sector Enterprises (PSE) and other such undertakings within the purview of Ministries/ Departments of Government of India and State Governments either undertaking or intending to undertake PPP transactions.

As per the notification released by the Ministry of Finance, the Panel will help to make the process of appointment of transaction advisors/consultant effective by ensuring transparency and accountability through clear definition of the processes, role and responsibilities of the agencies and the private sector, leading to preparation of bankable PPP projects.