Trends in Private Sector Participation in the Indian Water Sector : A Critical Review
Public Private Partnerships (PPPs) in the water supply sector began to emerge in the early 1990s in most developing countries of the world. Initiated in most countries by international private operators, these arrangements were typically large-scal...
Main Author: | |
---|---|
Format: | Working Paper |
Language: | English en_US |
Published: |
Washington, DC
2014
|
Subjects: | |
Online Access: | http://documents.worldbank.org/curated/en/2011/09/15768943/trends-private-sector-participation-indian-water-sector-critical-review http://hdl.handle.net/10986/17327 |
Summary: | Public Private Partnerships (PPPs) in
the water supply sector began to emerge in the early 1990s
in most developing countries of the world. Initiated in most
countries by international private operators, these
arrangements were typically large-scale PPP projects which
required the private operators to finance, develop, operate,
and manage the water supply system for a large population
base. However, international observers have noted that most
of these large-scale projects could not be successfully
implemented on account of a host of interrelated factors.
These factors included difficulties in achieving financial
closure by the private operators, sociopolitical barriers,
tariff-setting issues, and high financial risk. The failure
of several large-scale projects during this phase resulted
in many international private operators withdrawing from
such projects in the developing countries. This gave rise to
the perception that the number of PPP contracts being
pursued in the water supply sector was declining. |
---|