Balancing risks and rewards in Indian water
- From: Vol 12, Issue 9 (September 2011)
- Category: General
- Region: Asia
- Country: India
- Related Companies: JUSCO
As a guest you can read up to 3 full articles before a subscription is required.
You can read a further 2 articles for free.
For the Indian government’s new focus on service delivery to work, it will need to re-assess the allocation of risk within existing contract structures.
The general principle that responsibilities – and therefore risks – are best allocated to the party most able to manage that risk, is not always followed in the Indian water sector, according to Manish Sharma, managing director of urban infrastructure services provider JUSCO (Jamshedpur Utilities and Services Company).