Punjab Infrastructure (Development and Regulation) Act, 2002 (Punjab Act No. 8 of 2002).

This Act is enatced to provide for the partnership of private sector and public sector, participation of private sector in the development, operation and maintenance of infrastructure facilities and development and maintenance of infrastructure facilities.
The State Government shall establish an authority to be called the Punjab Infrastructure Regulatory Authority. Functions of the Authority include: (i) to aid and advise the State Government in the formulation of appropriate policy or guidelines relating to tart-if; (ii) to conduct the public bearing regarding the approval of proposed infrastructure projects in terms of section 30; (iii) to determine, modify or vary the tariff on the basis of the concessions granted to the concessionaires and the interest of the consumer; (iv) to regulate the working of the concessionaire and promote efficient, economical and equitable performance, including laying down standards of performance of the concessionaire in regard to the service to the consumer; etc. The Punjab Infrastructure Development Board shall be established. The Board shall act as a nodal agency to co-ordinate all efforts of the State Government regarding the development of the infrastructure sectors, involving private participation and funding from sources other than those provided by State budget. Schedule I lists the infrastructure sectors, including: Water supply; Sewerage disposal and treatment; Solid waste management; Irrigation infrastructure; Other agricultural infrastructure; Power sector; etc.