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- W4300961307 abstract "India has over 59 lakh kilometers of road network, second in the world next to USA carrying approximately 30 crore vehicles serving 135 crore population. The demand for speedy up-gradation of existing road infrastructure is more than ever and Government is constrained by financial resources to develop these projects single-handedly. PPP projects are increasingly seen as the way ahead for delivering this much-needed infrastructure. However, the private sector participation in infrastructure development is seeing a decline due to the concerns related to badly structured PPP contracts with imbalanced Risk allocation, and poor management practices during project development. Risk management and structuring is an essential element for the success of any PPP project. The paper intends to present the learnings from a PPP project–PNG Tollways, a Special Purpose Vehicle (SPV) of L&T Infrastructure Development Project Ltd., Ashoka Buildcon, and SBI Macquarie, which has served a project termination notice on the Maharashtra government due to the operational problem caused by the locals and the politicians. Through the case study, the paper intends to provide insights on the necessity, importance, and application of Risk Management concepts in the successful development of a PPP project." @default.
- W4300961307 created "2022-10-04" @default.
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- W4300961307 date "2022-10-04" @default.
- W4300961307 modified "2023-10-17" @default.
- W4300961307 title "Risk Management in Public Private Partnerships (PPP)—An Indian Case Study" @default.
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- W4300961307 doi "https://doi.org/10.1007/978-981-19-4055-2_62" @default.
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