In a report, the Government announced that it has developed a public-private partnership (PPP) programme totalling Rs. 17 lakh crore (US$ 206 billion) across 852 projects scheduled over the next three years. This programme covers the most important areas of infrastructure development and is being used to finance economic development and accelerate project delivery by making it easier for investors to provide capital. The Government is re-energising its efforts to utilise PPP structures to help fill funding gaps and drive infrastructure build-out. By reinvigorating the PPP model, the Government aims to unlock higher levels of private participation, improve asset quality, and ensure timely project completion. The expanded use of PPPs is expected to generate significant multiplier effects through job creation, supply-chain development, and regional connectivity, while supporting India’s long-term growth ambitions.
According to the report, the PPP pipeline is an element of the overall strategy to increase infrastructure financing and create an environment in which risks can be shared efficiently between the public and private sectors. The rollout of the projects will occur in phases so that investors and developers have visibility into when projects will be available. The Government’s intent to expand the PPP framework will enable an increase in the amount of assets created, the level of service provided, and the contribution of ongoing infrastructure investments to the long-term economic development of the country.
Disclaimer: This information has been collected through secondary research and IBEF is not responsible for any errors in the same.