The Central government’s National Monetisation Pipeline (NMP), which focuses on leveraging value derived from operational projects, will have to face the same test of contractual sanctity and regulatory oversight, which public-private partnership (PPP) endeavours have so far countenanced.

       Risks associated with greenfield investment, however, have been alienated and it reduces the cost of capital. According to N Venu, managing director and chief executive officer, India and South Asia, Hitachi ABB Power Grids, there was an appetite among Indians for investment in asset monetisation. ...