Public Private Partnership in Infrastructure Perspectives, Principles, Practices
R. N. JoshiPublic Private Partnership in Infrastructure : R. N. Joshi : Vision Books : Book (ISBN: 8170947960) Pages: 540 Price: Rs. 1250 Format: HC
ISBN13/10: 9788170947967 / 8170947960 Availability: Yes
Latest Print in 2013
Public private partnership (PPP) is an effective and sustainable
strategy for the development of public infrastructure. Though its acronym PPP
has become a buzzword, the complexity of the concept itself is not fully
understood. Written in lucid manner and with a practical slant, this book offers
both accessible information to newcomers as well as valuable reference to the
experienced in the field.
The book is divided into two thematic parts. Part-I begins with a
thorough and comprehensive introduction of PPP, followed by an elaborate
description of its component topics, including equitable risk allocation,
deterministic financial approach, contractual relationship between inherently
opposed entities, and the supportive legal and regulatory framework.
Part-II presents an incisive and in-depth analysis of the past
experience of PPP and future prognosis of the various key infrastructure
sectors, comprising roads, water and sanitation, urban rail transit, airports,
ports, and power and telecommunication. A separate section is specifically
devoted in each chapter to the Indian scenario and includes extensive coverage
of the present conditions in the sector, PPP progress in the respective field,
and steps initiated by the authorities for its accelerated propagation. All
chapters are supplemented with real world examples of successful PPP. In
addition to sixteen such project briefs, there are four case studies, including
one on Delhi Metro Rail Corporation, which offer rich reference insights into
live PPP infrastructure development.
The book will be useful to students and academic
fraternity in the areas of business management and development economics, to
economic planners, infrastructure professionals, investment managers, senior
executives of public and private sectors, and policy makers in the central and
state governments and the bureaucracy.
"It is an excellent work with a perfect mix of theory and practice. The case studies are extremely well selected and essential to understand the various aspects of PPP. Congratulations, superb achievement." — Marc Bertoneche, Visiting Professor of Finance, Harvard Business School
"By writing this a comprehensive book, the author has given shape to the ever increasing domain of PPP, which will be handy not only for the students of public policy and systems, but also for government administrator, private players, and legal professionals, who work day in and day out on various issues involved in the development of infrastructure." — Vikalpa, Indian Institute of Management, Ahmedabad
"I find the book comprehensive and detailed. Its contents are much more than what an infrastructure economist can put together, meaning it is particularly useful for those involved in actual business of developing PPP projects". — Hun Kim, Country Director for India, Asian Development Bank
"Educative read and reference" — Business Line, The Hindu
"A rare synthesis of what all one would like to look foward to while approaching a PPP project in any key infrastructuredomain" — The Financial Express
"A self contained and exhaustive treatise of PPP" — Kaleidoscope
"A comprehensive book" — Business India
"A well researched, analyzed and documented book, comprehensively covering (public private partnership) . . . its principles and implementation, including the best practices to follow and pitfalls to avoid, which makes the book unique . . . . I consider this book a great effort and achievement . . . . The book will go a long way to help the country to meet the challenges of infrastructure development." — E. Sreedharan, Managing Director, Delhi Metro Rail Corporation
R. N. Joshi
N. Joshi has more than three-and-a-half decades of experience in infrastructure
project financing in leading Indian public sector undertakings, including Delhi
Metro Rail Corporation, National Fertilizers Ltd, Ircon International Ltd and
Engineering Projects India Ltd. Positioned as Director (Finance), Delhi Metro
Rail Corporation for the last one decade, he has developed various hybrid Public
Private Partnership (PPP) models to suit the risk-return parameters of Delhi
Metro and successfully finalized agreements with its private concessionaires.
Mr. Joshi has earlier written a book on Cash Management and co-authored another
on Enterprise Risk Management. He is also an expert speaker on various topics of
project management and PPP at reputed national and international forums. Mr.
Joshi is a member of both Institute of Chartered Accountants of India and
Institute of Company Secretaries of India.