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Unit 8: Social Cost Benefit Analysis
revolutionary change, as the experts called it, came about when the T3 was inaugurated on Notes
July 3, 2010. At the inauguration of T3, Manmohan Singh (Singh), Prime Minister of India,
said, “The Delhi airport has improved its rank sharply in terms of Air Service Quality
(ASQ) performance, from 101 in 2007 to 21 in 2010. After the opening of this new terminal
we are hopeful that the airport will shortly rank within the first 10 airports of the world.”
About GMR Group
GMR Group (GMR), a Bengaluru, India-based leading Infrastructure group, had a stake in
almost all types of infrastructure development activities including power, road, airport,
and Urban Infrastructure. GMR was one of the first companies in India to take the initiative
in infrastructure projects when they were thrown open to the private sector in the 1990.
PPPS in India’s Infrastructure Development
Public Private Partnership (PPP) was a positive and sustainable solution to overcome
infrastructure deficit, analysts said. The PPP model aimed at shifting the responsibility for
financing, development.
GMR’s T3 & Dial
Analysts cited GMR’s T3 terminal as one of the successful PPP initiatives which had been
completed significantly before the scheduled time. On the occasion of its grand opening.
The Limiting Factors
Experts stated that T3 would serve as an example for upcoming infrastructure projects.
However, a few critics stated that the PPP model only provided profits to the private
players through deals.
Question:
1. Analyse the case and discuss the case facts.
Source: http://www.icmrindia.org
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