Publications
Publications
- September 2014 (Revised March 2017)
- HBS Case Collection
The Road to Kolkata: NH-34 and PPP in India
By: Sid Yog and Ben Eppler
Abstract
In 2014, Arjun Dhawan (MBA 2004), President of HCC Concessions, is working toward the completion of his largest road development project yet. The route, a 250-km stretch leading from the critical eastern Indian port of Kolkata into the interior of the province of West Bengal, is a prime example of both the benefits and the drawbacks of Public-Private Partnerships in the Indian transportation sector. Despite delays and political pressure, HCC Concessions has nearly finished building the road, and now is receiving offers to purchase the project's equity.
Keywords
India; Real Estate; Roads; Transportation; Project Finance; Property; Infrastructure; Finance; Partners and Partnerships; Construction Industry; Financial Services Industry; India
Citation
Yog, Sid, and Ben Eppler. "The Road to Kolkata: NH-34 and PPP in India." Harvard Business School Case 215-007, September 2014. (Revised March 2017.)