Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications
India has seen rapid growth in recent years in its program of infrastructure public-private partnerships (PPPs). Despite the surge in demand for finance, local financial markets coped well over the period to 2007 and even offered better terms as th...
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| Format: | Brief |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2008/12/10201103/financing-boom-public-private-partnerships-indian-infrastructure-trends-policy-implications http://hdl.handle.net/10986/10577 |
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okr-10986-105772021-04-23T14:02:51Z Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications Harris, Clive Kumar, Sri Tadimalla ACCOUNTING ACTIVE BOND MARKET ADVERSE EFFECTS ASSET-LIABILITY MISMATCH BAILOUT BAILOUTS BANKRUPTCY BASIS POINTS BIDS BOND BOND MARKET REFORMS BOND MARKETS BOND SPREADS BONDS CALCULATIONS CAPITAL MARKETS CAPITAL STRUCTURE COMMERCIAL BANKS CONCESSION CONCESSIONS CONSEQUENCES OF BANKRUPTCY CORPORATE BOND CORPORATE BOND MARKET CORPORATE BONDS COST OF CAPITAL DEBT DEBT FINANCING DEBT-EQUITY DEBT-EQUITY RATIOS DIRECT EQUITY INVESTMENTS EQUITY CONTRIBUTIONS EQUITY INVESTMENTS EQUITY RATIOS EQUITY RETURNS FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INVESTORS FINANCIAL MARKET FINANCIAL STRUCTURES FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT GOVERNMENT BAILOUT GOVERNMENT BORROWING GOVERNMENT GRANTS INFRASTRUCTURE PROJECTS INSTITUTIONAL LENDERS INTEREST CHARGES INTEREST RATE INTEREST RATE RISK INTEREST RATE VOLATILITY INTEREST RATES INTERNATIONAL FINANCE INVESTOR PARTICIPATION LEVERAGE LIABILITY LIKELIHOOD OF BANKRUPTCY LIQUIDITY LOAN LOCAL FINANCIAL MARKETS LONG-TERM FUNDS LONG-TERM INTEREST MARKET PARTICIPANTS MARKET VALUE MATURITY PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE SECTOR INVESTMENT PUBLIC SECTOR BANKS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RAPID GROWTH RATE OF INTEREST RATES OF RETURN REGULATORS REGULATORY CONSTRAINTS REGULATORY REGIME RETURN RISK PREMIUM SALE SAVINGS SAVINGS DEPOSITS SENIOR SENIOR DEBT SENIOR LENDERS SHARE OF EQUITY SHAREHOLDERS SOURCE OF FUNDS STRATEGIC INVESTOR STRATEGIC INVESTORS SUBORDINATED DEBT SUSTAINABLE DEVELOPMENT TAX TAX ADVANTAGES TAXPAYER BAILOUTS TECHNICAL ASSISTANCE TERM DEPOSITS TERMINATION TOTAL DEBT TRACK RECORD TRADING TRADING PLATFORMS TREASURY USE OF DEBT India has seen rapid growth in recent years in its program of infrastructure public-private partnerships (PPPs). Despite the surge in demand for finance, local financial markets coped well over the period to 2007 and even offered better terms as they became more used to the PPP model. But areas of possible concern have developed. Gearing has increased significantly, and financing terms mean that PPPs are more exposed to interest rate volatility causes for concern in a period of rising rates and reduced liquidity. Further growth in PPPs will likely require a broadening of the sources of financing once the present financial market turmoil has lessened. Addressing these concerns will call for policy reforms to capital markets and concession frameworks. 2012-08-13T12:09:38Z 2012-08-13T12:09:38Z 2008-12 http://documents.worldbank.org/curated/en/2008/12/10201103/financing-boom-public-private-partnerships-indian-infrastructure-trends-policy-implications http://hdl.handle.net/10986/10577 English Gridlines; No. 45 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Brief Publications & Research South Asia India |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
ACCOUNTING ACTIVE BOND MARKET ADVERSE EFFECTS ASSET-LIABILITY MISMATCH BAILOUT BAILOUTS BANKRUPTCY BASIS POINTS BIDS BOND BOND MARKET REFORMS BOND MARKETS BOND SPREADS BONDS CALCULATIONS CAPITAL MARKETS CAPITAL STRUCTURE COMMERCIAL BANKS CONCESSION CONCESSIONS CONSEQUENCES OF BANKRUPTCY CORPORATE BOND CORPORATE BOND MARKET CORPORATE BONDS COST OF CAPITAL DEBT DEBT FINANCING DEBT-EQUITY DEBT-EQUITY RATIOS DIRECT EQUITY INVESTMENTS EQUITY CONTRIBUTIONS EQUITY INVESTMENTS EQUITY RATIOS EQUITY RETURNS FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INVESTORS FINANCIAL MARKET FINANCIAL STRUCTURES FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT GOVERNMENT BAILOUT GOVERNMENT BORROWING GOVERNMENT GRANTS INFRASTRUCTURE PROJECTS INSTITUTIONAL LENDERS INTEREST CHARGES INTEREST RATE INTEREST RATE RISK INTEREST RATE VOLATILITY INTEREST RATES INTERNATIONAL FINANCE INVESTOR PARTICIPATION LEVERAGE LIABILITY LIKELIHOOD OF BANKRUPTCY LIQUIDITY LOAN LOCAL FINANCIAL MARKETS LONG-TERM FUNDS LONG-TERM INTEREST MARKET PARTICIPANTS MARKET VALUE MATURITY PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE SECTOR INVESTMENT PUBLIC SECTOR BANKS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RAPID GROWTH RATE OF INTEREST RATES OF RETURN REGULATORS REGULATORY CONSTRAINTS REGULATORY REGIME RETURN RISK PREMIUM SALE SAVINGS SAVINGS DEPOSITS SENIOR SENIOR DEBT SENIOR LENDERS SHARE OF EQUITY SHAREHOLDERS SOURCE OF FUNDS STRATEGIC INVESTOR STRATEGIC INVESTORS SUBORDINATED DEBT SUSTAINABLE DEVELOPMENT TAX TAX ADVANTAGES TAXPAYER BAILOUTS TECHNICAL ASSISTANCE TERM DEPOSITS TERMINATION TOTAL DEBT TRACK RECORD TRADING TRADING PLATFORMS TREASURY USE OF DEBT |
| spellingShingle |
ACCOUNTING ACTIVE BOND MARKET ADVERSE EFFECTS ASSET-LIABILITY MISMATCH BAILOUT BAILOUTS BANKRUPTCY BASIS POINTS BIDS BOND BOND MARKET REFORMS BOND MARKETS BOND SPREADS BONDS CALCULATIONS CAPITAL MARKETS CAPITAL STRUCTURE COMMERCIAL BANKS CONCESSION CONCESSIONS CONSEQUENCES OF BANKRUPTCY CORPORATE BOND CORPORATE BOND MARKET CORPORATE BONDS COST OF CAPITAL DEBT DEBT FINANCING DEBT-EQUITY DEBT-EQUITY RATIOS DIRECT EQUITY INVESTMENTS EQUITY CONTRIBUTIONS EQUITY INVESTMENTS EQUITY RATIOS EQUITY RETURNS FINANCE CORPORATION FINANCIAL CRISIS FINANCIAL INFORMATION FINANCIAL INSTITUTIONS FINANCIAL INVESTORS FINANCIAL MARKET FINANCIAL STRUCTURES FINANCIAL SUPPORT FOREIGN DIRECT INVESTMENT FOREIGN INVESTMENT GOVERNMENT BAILOUT GOVERNMENT BORROWING GOVERNMENT GRANTS INFRASTRUCTURE PROJECTS INSTITUTIONAL LENDERS INTEREST CHARGES INTEREST RATE INTEREST RATE RISK INTEREST RATE VOLATILITY INTEREST RATES INTERNATIONAL FINANCE INVESTOR PARTICIPATION LEVERAGE LIABILITY LIKELIHOOD OF BANKRUPTCY LIQUIDITY LOAN LOCAL FINANCIAL MARKETS LONG-TERM FUNDS LONG-TERM INTEREST MARKET PARTICIPANTS MARKET VALUE MATURITY PRIVATE INFRASTRUCTURE PRIVATE INVESTMENT PRIVATE SECTOR INVESTMENT PUBLIC SECTOR BANKS PUBLIC-PRIVATE PARTNERSHIP PUBLIC-PRIVATE PARTNERSHIPS RAPID GROWTH RATE OF INTEREST RATES OF RETURN REGULATORS REGULATORY CONSTRAINTS REGULATORY REGIME RETURN RISK PREMIUM SALE SAVINGS SAVINGS DEPOSITS SENIOR SENIOR DEBT SENIOR LENDERS SHARE OF EQUITY SHAREHOLDERS SOURCE OF FUNDS STRATEGIC INVESTOR STRATEGIC INVESTORS SUBORDINATED DEBT SUSTAINABLE DEVELOPMENT TAX TAX ADVANTAGES TAXPAYER BAILOUTS TECHNICAL ASSISTANCE TERM DEPOSITS TERMINATION TOTAL DEBT TRACK RECORD TRADING TRADING PLATFORMS TREASURY USE OF DEBT Harris, Clive Kumar, Sri Tadimalla Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications |
| geographic_facet |
South Asia India |
| relation |
Gridlines; No. 45 |
| description |
India has seen rapid growth in recent
years in its program of infrastructure public-private
partnerships (PPPs). Despite the surge in demand for
finance, local financial markets coped well over the period
to 2007 and even offered better terms as they became more
used to the PPP model. But areas of possible concern have
developed. Gearing has increased significantly, and
financing terms mean that PPPs are more exposed to interest
rate volatility causes for concern in a period of rising
rates and reduced liquidity. Further growth in PPPs will
likely require a broadening of the sources of financing once
the present financial market turmoil has lessened.
Addressing these concerns will call for policy reforms to
capital markets and concession frameworks. |
| format |
Publications & Research :: Brief |
| author |
Harris, Clive Kumar, Sri Tadimalla |
| author_facet |
Harris, Clive Kumar, Sri Tadimalla |
| author_sort |
Harris, Clive |
| title |
Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications |
| title_short |
Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications |
| title_full |
Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications |
| title_fullStr |
Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications |
| title_full_unstemmed |
Financing the Boom in Public-Private Partnerships in Indian Infrastructure : Trends and Policy Implications |
| title_sort |
financing the boom in public-private partnerships in indian infrastructure : trends and policy implications |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2008/12/10201103/financing-boom-public-private-partnerships-indian-infrastructure-trends-policy-implications http://hdl.handle.net/10986/10577 |
| _version_ |
1764413605216780288 |