synth

43 %
57 %
Information about synth
Business-Finance

Published on July 9, 2007

Author: FordeS

Source: authorstream.com

Synthesis Study ‘Barriers to Approvals and Implementation of Investment Projects ’:  Synthesis Study ‘Barriers to Approvals and Implementation of Investment Projects ’ The Associated Chambers Of Commerce and Industry Of India (ASSOCHAM) andamp; Prime Minister’s Office Structure of the Study and the stages of research as undertaken by the PMO:  Structure of the Study and the stages of research as undertaken by the PMO Stage 4 Implementation Stage 3 Redesign Stage 2 Synthesis Information provided by stage 1 to be synthesized Prioritization of downstream regulatory processes by Level of effort and time involved Typical flow sheet of each process detailing generic problems encountered 'As Is' flow sheet for each approval step Separate flow sheet for PSUs and FDI projects Highlight inefficiencies Detail documentation requirements Relate documentation to approval steps Highlight inefficiencies Revised flow sheet Authorities responsible Evaluation / Decisions Documentation Time required Adoption of redesigned procedures and documentation requirements by public agencies at different levels Stage 1 Problem Identification Case studies of actual projects at different scales and sectors, covering both public and private investments Each case study would provide Flow sheet detailing Clearances andamp; Agencies, Time required, inputs, Person-months and Rents paid Verbal description of problems faced Ambiguities and lack of clarity in proceduresz Presentation Structure of the synthesis study based on the inputs as received from the various case studies that have been submitted:  Presentation Structure of the synthesis study based on the inputs as received from the various case studies that have been submitted The objectives of the preliminary exercise undertaken by the PMO Key findings of the Synthesis study Prioritization of different clearances The Prime Minister’s Office has undertaken an initiative to rationalize investment procedures to ensure heightened business interest in India – from within and abroad:  The Prime Minister’s Office has undertaken an initiative to rationalize investment procedures to ensure heightened business interest in India – from within and abroad Complex and unclear procedures Huge documentation requirements Lack of clear relationship between procedures and required documentation Public Sector Schemes and Projects Undertaken by Government Undertaken by PSUs Private Sector Schemes and Projects Undertaken by Domestic Private Sector Undertaken through Foreign Direct Investment Unclear Regulatory Clearances and Approvals Need for revision of procedures and documentation requirements to reduce the time, effort and cost involved in obtaining approvals A.T.Kearney& ASSOCHAM worked together to synthesize experiences of different agencies & highlight some of the key impediments and action imperatives:  A.T.Kearneyandamp; ASSOCHAM worked together to synthesize experiences of different agencies andamp; highlight some of the key impediments and action imperatives STAGE ONE -inputs from the case studies Case studies of actual projects at different scales and sectors, covering both public and private investments Each case study provided flow sheet detailing Clearances andamp; Agencies, Time required, inputs, Person-months and Rents paid Verbal description of problems faced Ambiguities and lack of clarity in proceduresz STAGE TWO - compilation of the findings from the case studies Information provided by stage 1 to be synthesized Prioritization of downstream regulatory processes by Level of effort and time involved Typical flow sheet of each process detailing generic problems encountered The synthesis study, for purpose of analysis, has relied on case studies provided by leading agencies:  The synthesis study, for purpose of analysis, has relied on case studies provided by leading agencies Infrastructure Development Finance Corporation A combined cycle power generation project by a private investor National Thermal Power Corporation A number of projects highlighting different issues ASSOCHAM A hydro power project by a private investor The synthesis analysis is based on facts and data provided in the case studies and not conjecture The analysis of the case studies has revealed the width and variety of downstream clearances required for getting projects off the ground to the implementation stage:  The analysis of the case studies has revealed the width and variety of downstream clearances required for getting projects off the ground to the implementation stage Bottle neck Clearances Authorization by Government (Section 18, 44) Land Commitment Site Clearance by MOEF Civil Aviation Feasibility Report to CEA Environment Publication (Section 29A) Fuel Linkage Application for land acquisition Techno Economic Clearance Land reform clearance Land Central Electricity Authority Environment andamp; Forest Others Forest Water Commitment Fuel Commitment Financial andamp; Cost approval Defense Coastal Our analysis of the case studies highlights four key issues with regard to downstream clearances for investments in the power sector:  Our analysis of the case studies highlights four key issues with regard to downstream clearances for investments in the power sector Key Issue  Primary resources, such as land, require clearances from multiple agencies at center, state and local level:  Key Issue  Primary resources, such as land, require clearances from multiple agencies at center, state and local level Land Clearance Key Issue  Multiple clearances need to be obtained from the same agency e.g. CEA:  Key Issue  Multiple clearances need to be obtained from the same agency e.g. CEA Final Cost Approval Financial Package Clearance Techno Economic Clearance Normal time frame 1-2 years Clearance on various aspects like technology used, performance parameters, commercial viability etc SEB/state government approval required before TEC – no conditional processing Normal time frame 9 months! Technical issues are raised again Forex rate fluctuation leads to restatement of costs with related notification issues Signed financial documents required which is not practical No clarity on whether competitively bid projects require this clearance Normal time frame 1 – 2 years Technical aspects are raised once again In Principle Clearance Time frame 6 months appears excessive Queries raised by various wings like economic, thermal, legal, civil etc The project cost is usually cut at this stage without clear reasons CEA may wish to consider a single window clearance encompassing the financial package and the final cost approval, where relevant Key Issue  Environmental clearances require disproportionate level of detail:  Key Issue  Environmental clearances require disproportionate level of detail Central Government Clearance State Government Clearance Forest Valuation andamp; alternate land Identification A very detailed study required on evaluation for loss of forest. Details like species wise and girth wise abstract of trees Detailed afforestation scheme prepared Post clearance from the District Forest officer, clearances are required from five to six level state government officials Any query raised at one of the level flows down all the way to the DFO and then flows up. The multiple level of clearances take a very long time After the state government clearance, the file is sent to the regional Ministry of Forest official The final clearance is given by the Ministry of Forest in Delhi Application to District Forest Officer A number of documents, certificates, maps to be attached with application form A number of agencies involved in the approval process like the Village Sarpanch, archeological department, forest officers etc A reality check on the terms of reference and rationalization of touch points for environment related clearances can facilitate the investment process Key Issue  Certain clearances do not appear to be serving any specified public or other interest:  Key Issue  Certain clearances do not appear to be serving any specified public or other interest Checks about the company, its purpose, its incorporation etc Checks about land, purpose of usage, title etc. Detailed Flow Sheet of the Land Ceiling Clearance The relevance of the clearance may need to be examined/ made automatic - especially where the land is accorded by the state government Additionally, there is scope to simply procedures of certain clearances to reduce lead times :  Additionally, there is scope to simply procedures of certain clearances to reduce lead times The analysis of the cases studies reveals that Forest clearances, Land acquisition formalities and Techno Economic Clearances consume the most time and effort:  The analysis of the cases studies reveals that Forest clearances, Land acquisition formalities and Techno Economic Clearances consume the most time and effort Lead Time Effort Required Low Low High High Forest Techno Economic Land Acquisition Environment Land reform Fuel Linkage Water Commitment CEA Cost Pollution Publication CEA Financial Fuel Transportation Other Clearances Decreasing Level of Criticality There also appears to be very large variation in the lead times of clearances for different projects, indicating inconsistency in form and spirit :  There also appears to be very large variation in the lead times of clearances for different projects, indicating inconsistency in form and spirit Lead Times (Quarter Increments) Normal Lead time Maximum time taken There also appears to be very large variation in the lead times of clearances for different projects, indicating inconsistency in form and spirit (2):  There also appears to be very large variation in the lead times of clearances for different projects, indicating inconsistency in form and spirit (2) Lead Times (Quarter Increments) Normal Lead time Time Overruns An analysis of prioritized clearances again reveals that environmental and land acquisition clearances appear to be areas requiring intervention/ redesign (1):  Maximum Duration 1 – Very fast 5 – Very slow Overall Priority 1 – Not important 5 – Very important Clarity of procedures 1 – Very clear 5 – Very ambiguous An analysis of prioritized clearances again reveals that environmental and land acquisition clearances appear to be areas requiring intervention/ redesign (1) Effort Required 1 – Very low 5 – Very high An analysis of prioritized clearances again reveals that environmental and land acquisition clearances are perceived to areas requiring intervention/ redesign (2) :  An analysis of prioritized clearances again reveals that environmental and land acquisition clearances are perceived to areas requiring intervention/ redesign (2) Maximum Duration 1 – Very fast 5 – Very slow Effort Required 1 – Very low 5 – Very high Clarity of procedures 1 – Very clear 5 – Very ambiguous Overall Priority 1 – Not important 5 – Very important Action Items:  Action Items Comprehensive and concerted action on the four key issues, in the next phase, will facilitate investments in the power sector and provide learning's for rationalizing clearances in other sectors as well:  Comprehensive and concerted action on the four key issues, in the next phase, will facilitate investments in the power sector and provide learning's for rationalizing clearances in other sectors as well    

Add a comment

Related presentations

Related pages

Synthesizer – Wikipedia

... welche unter dem DSI-Label von den Synth-Pionieren Dave Smith und Roger Linn entwickelt wurde, ist ein Hybrid-Synthesizer im Groovebox-Format.
Read more

Synthpop - Wikipedia, the free encyclopedia

Synthpop (also known as electropop and technopop [2]) is a genre of popular music that first became prominent in the 1980s and features the synthesizer as ...
Read more

Synthesizer - Wikipedia, the free encyclopedia

A sound synthesizer (usually abbreviated as "synthesizer" or "synth", also spelled "synthesiser") is an electronic musical instrument that generates ...
Read more

Synthie Pop – Wikipedia

Synthie Pop (auch Synthie-Pop, Synth-Pop oder Synthpop) bezeichnet eine in den 1970er Jahren aufgekommene Stilrichtung innerhalb der elektronischen ...
Read more

Synthesizer & Equipment online kaufen - Music Store ...

Synthesizer +49 (0)221 / 88 84 - 1570 synth@musicstore.de. Zubehör +49 (0)221 / 88 84 - 3311 zubehoer@musicstore.de. Sonderaktionen. Dein Feedback ...
Read more

Roland - AX-Synth | Umhänge-Synthesizer

Der AX-Synth war das erste Instrument der legendären AX-Serie mit eigener Tonerzeugung inkl. erstklassiger Roland Synthesizer-Sounds.
Read more

Vintage Synth Explorer

Since 1996, the Vintage Synth Explorer has been a leading online resource for vintage synthesizers, digital synthesizers, software synthesizers, and other ...
Read more

DIY Analog Synthesizers

Diese Projekte sind links unter Microcontroller und DIY-Synth sortiert. Daneben findet Ihr auch noch ein kleines Tutorial über analoge Synthese, ...
Read more

SYNTH ZONE - MIDI, Synthesizer & Electronic Music ...

Synth Zone is a synthesizer & MIDI resource directory with coverage of synthesizers & MIDI controllers , plus relevant music software & support products.
Read more

Roland - V-Synth | Synthesizer

Programming Heaven. The V-Synth is an instrument for those who like to program - and for those not satisfied with today's variety of synthesizers.
Read more