Uttarakhand Infrastructure Projects Company Limited (UIPC) is a joint venture company formed by Government of Uttarakhand (GoU) and Infrastructure Leasing & Financial Services (IL&FS) wherein both the promoters hold 50:50 partnerships. UIPC Board is headed by the Chief Secretary, GoU and there are 3 board members viz Additional Chief Secretary, Secretary Power and Secretary Tourism from GoU side and there are equal numbers of directors from IL&FS side.
Mission of UIPC.
• In order to attract private sector investors and for the project to meet investor requirements, projects would need to be developed keeping bank ability as the chief objective. UIPC also aims at creating an enabling framework for implementing the individual projects through a Public-Private Partnership (PPP) mode and with facilitation by the GoU.
• While the initial objectives of the UIPC is the development of the projects, UIPC may, if required, also take up the implementation of selected hydropower projects, projects of tourism importance and any other infrastructure projects.
• In order to achieve the objectives of overall development of the State of Uttarakhand, UIPC shall also review and develop other related projects of local relevance. UIPC also intents to identify and develop these projects for subsequent implementation on PPP framework
Board of Directors
|Sr. No.||Name of Directors||Nominee/ Representative of / Chairman if any|
|1.||Mr. Shatrughna Singh||Chief Secretary GoU|
|2.||Dr. Umakant Panwar||Secretary, Tourism, GoU|
|3.||Mr. Paritosh Gupta||IL & FS|
|4.||Mr. Subhabrata Haldar||MD, UIPC|