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Management of privatised infrastructure development in India: Key issues
Published in
Volume: 82
Issue: JUNE
Pages: 52 - 56
Privatized infrastructure development is becoming increasingly common in India as a means for providing infrastructure services without directly impacting the sovereign finance. This paper focuses on some of the key issues related to the management of privatized infrastructure development in India such as various developmental and operational risks, lack of a comprehensive risk management tool suitable for domestic environment, difficulty in obtaining finance from both domestic and foreign financiers, need of careful capital structuring, absence of adequate legal framework for the project, role of project consultants, and importance of organizational characteristics of the promoter firm. Need for developing standard conditions of contract clauses applicable to BOT type procurement system is also highlighted.
About the journal
JournalJournal of the Institution of Engineers (India): Civil Engineering Division
Open AccessNo
Concepts (6)
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    Industrial economics
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    Project management
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    Risk management
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