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Exemplar for PPP initiatives on Indian railways

Author

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  • Mohita Gangwar Sharma
  • S.M. Sharma

Abstract

Public-private partnership (PPP) is seen as an area to leverage private resources in infrastructure. PPP has been a method of financing in which government join hands with the private sector partner to execute a project which provides synergy and mutual benefits for all stakeholders. PPP can be a successful implementation method if it is executed considering the risks faced by all stakeholders. The private partner because of his expertise in execution takes the responsibility for projects design to operation and is finding wider acceptance in the transportation and infrastructure areas. The case carries out a literature review with regard to risks in PPP and illustrates these risks in PPP's through the port connectivity project of Pipavav. It analyses the stages of the projects when the different risks occur and infers that most of these risks can be considered from principal-agent perspective.

Suggested Citation

  • Mohita Gangwar Sharma & S.M. Sharma, 2020. "Exemplar for PPP initiatives on Indian railways," International Journal of Procurement Management, Inderscience Enterprises Ltd, vol. 13(2), pages 214-224.
    • Handle: RePEc:ids:ijpman:v:13:y:2020:i:2:p:214-224
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    Cited by:

    1. Thekiso MOLOKWANE & Alex NDUHURA & Lukamba Muhiya-TSHOMBE & Innocent NUWAGABA, 2020. "The role of PPPs in creating sustainable cities," Smart Cities International Conference (SCIC) Proceedings, Smart-EDU Hub, vol. 8, pages 283-302, November.

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