Vinayak Chatterjee / New Delhi

The grading and rating of infrastructure projects will significantly enhance investor confidence in PPPs.

The invitation to private capital to enter the infrastructure arena is, more often than not, accompanied by controversies and allegations of unfair play, and sometimes incompetence and malfeasance by the process managers.

In India, after the withdrawal of the licence-raj in the product-market economy, the political establishment appears to have gleefully discovered the great attractions of sovereign power in dispensing favours and decisions in public-private partnership (PPP) or pure P-projects in public utilities.

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Posted by dcjaya at January 21, 2008 6:17 PM