DMRC appoints Feedback Ventures as its PPP advisor

Infrastructure services provider Feedback Ventures on Monday said it has been appointed as strategic consultant of the Delhi Metro Rail Corporation for public private partnership projects.

NEW DELHI: Infrastructure services provider Feedback Ventures on Monday said it has been appointed as strategic consultant of the Delhi Metro Rail Corporation for public private partnership projects.
"Feedback Ventures will be working with Delhi Metro and its general consultants for the next 12 months," the company said in a release.
The projects include Airport Express Link, which is being developed in a PPP format, besides Hyderabad metro and Kochi metro.
"The new assignment from Delhi metro is testimonial to our ability to be a competent advisor on PPP on complex transactions," Akhileshwar Sahay, President (Government and Multilateral Advisory Services) in the infrastructure advisory division of Feedback Ventures.
For these assignments, Feedback Ventures would have to review the expression of interest (EOI) evaluation report, request for proposals (RFP) documents and prepare the financial model for the airport express link.
It would guide DMRC and its general consultants in regulatory matters relating to PPP for the airport line, besides assisting and reviewing the bidding process - pre-bid and post-bid evaluation from financial and legal perspective.
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