Title: Risk analysis and allocation in public-private partnership power transmission line projects

Authors: Ganesh Sadashiv Kate; Pandurang Shanakar Patil

Addresses: Civil Engineering Department, Annasaheb Dange College of Engineering, Affiliated to: Shivaji University Kolhapur, Ashta, Walva, District Sangli Maharashtra, India ' Civil Engineering Department, Rajarambapu Institute of Technology Islampur, Affiliated to: Shivaji University Kolhapur, Rajaramnagar, Uran Islampur, Maharashtra, India

Abstract: The aim of this paper is risk analysis for the delivery of public-private partnership (PPP) power transmission line projects in India and to address risk analysis and their proper risk allocation between the different stakeholders involved. An empirical questionnaire survey was designed. A total of 45 valid responses were obtained for data analysis. The expected monetary value method (EVM) is employed for risk analysis and allocation. It was found that one risk was high risk, 65 were moderate, 35 were major, nine were minor risks and two were low risk. Risk allocation was done both phase and stakeholder wise. A key finding from this research is the execution phase of the power transmission line project involves huge risk, i.e., 64% and the project company takes a maximum of 53%. Hence, project company should focus more on critical risk factors of execution phase.

Keywords: public-private partnerships; PPPs; risk; risk analysis; risk allocation.

DOI: 10.1504/IJCIS.2020.105404

International Journal of Critical Infrastructures, 2020 Vol.16 No.1, pp.23 - 37

Received: 21 Aug 2018
Accepted: 11 Feb 2019
Published online: 28 Feb 2020 *

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