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Section 15: Agreement with Project Entrepreneur.

The Maharashtra Infrastructure Development Enabling Authority Act, 2018State Act of Maharashtra · Act 28 of 2018

(1) If the Authority and the Project Entrepreneur agrees to the terms and conditions for such Infrastructure Project, the concerned Government Authority or Government Agency or Local Authority may enter into Concession Agreement with the Project Entrepreneur as prescribed which inter alia, shall determine the obligations of the Project Entrepreneur, representations and warranties, penalties, liquidated damages, liabilities, nature of concession and benefits to be granted, etc.

(2) It shall be binding on the Project Entrepreneur to complete the Project within the period as per the agreement.

Where this provision sits

ActThe Maharashtra Infrastructure Development Enabling Authority Act, 2018
Section15
Marginal noteAgreement with Project Entrepreneur.
JurisdictionState of Maharashtra
StatusIn force as published by the source

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