Opinion | The conundrum of PPP road projects
The government should focus on making the project development ready at the time of award to attract more private sector interest, rather than changing the concession model
Developing road networks in a timely and cost-effective fashion plays an important role in economic development. In recent years, the government has extensively adopted the public private partnership (PPP) approach in road development. Today, India has the distinction of having the largest PPP programme globally in the roads sector. More than 560 road projects comprising a total length of 45,000 km with an estimated investment exceeding ₹ 200,000 crore have been awarded on PPP basis so far by the Centre and various state governments.