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Experts speak on renegotiation of contracts

Experts speak on renegotiation of contracts
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Some experts argue that the government can allow renegotiation of contracts for infrastructure projects being carried out on public-private partnership (PPP) basis. They argue that forecasting future returns for PPP projects is highly complex, especially in case of lumpy, fixed infra projects. Therefore, there is a case for allowing renegotiation of contracts in case some of the fundamental assumptions of the PPP contract changes over the concession period.

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