India Public–private partnership

the government of india defines p3 partnership between public sector entity (sponsoring authority) , private sector entity (a legal entity in 51% or more of equity private partner/s) creation and/or management of infrastructure public purpose specified period of time (concession period) on commercial terms , in private partner has been procured through transparent , open procurement system.

the union government has estimated investment of $320 billion in infrastructure in 10th plan. major infrastructure development projects in indian state of maharashtra (more 50%) based on p3 model. in 2000s, other states such karnataka, madhya pradesh, gujarat , tamil nadu adopted model. sector-wise, road projects account 53.4% of total projects in numbers, , 46% in terms of value. ports come in second place , account 8% of total projects (21% of total value). other sectors including power, irrigation, telecommunication, water supply , airports, have gained momentum through p3 model. of 2011, these sectors expected investment of rs. 2,027,169 crore (according 2006–2007 wpi).