The value proposition of projects assessment aids in the decision making of whether there is value in development of projects under PPP framework. However, undertaking such an analysis is challenging due to several constraints. One of the key challenges in estimating value proposition of projects is determining PSC for like projects; developing and maintaining a database of PSC for distinct infrastructure projects would help estimating value proposition of projects.
Currently, Government of India has not mandated any particular process/ methodology to carry out value proposition of projects assessment. To estimate the value proposition of projects, practitioners in the country tend to adopt the mechanisms practiced in other countries such as the United Kingdom. There is a need for an intervention from Government of India to provide guidance on methodology to carry out the value assessment for projects. This could provide the practitioners the necessary clarity on the process to assess value proposition of projects.