Indian PPPs inspire “irrational” bidding
- From: Vol 10, Issue 8 (August 2009)
- Category: General
- Region: Asia
- Country:
- Related Companies: Aquatech, Doshion Limited, Ion Exchange India, Jindal Water Infrastructure Ltd, JUSCO, Mahindra and Mahindra, Nagarjuna Constructions, Nagpur Municipal Corporation, Suez Environment , VA Tech (Wabag) and Veolia
Private companies are eager to become established in the market for Indian water concessions and other PPPs. Only time will tell if the projects under consideration become viable investment opportunities.
With encouragement from the UPAled government, a spate of water concessions has sparked excitement among bidders in the Indian market.
The race to become established in a potentially lucrative market has become intense, and concerns have been raised about the sustainability and longevity of certain deals. "The private sector has gone a little wayward with their enthusiasm in bidding for ...
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