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Regulatory governance and the problems of Public-Private Partnerships (PPPs) model in the Bangladesh power generation sector

conference contribution
posted on 15.04.2020, 00:00 by AKM Fazlul Hoque, Quamrul Alam, Julian Teicher
Developing countries have been pursuing Public-Private Partnerships (PPPs) in large infrastructure development projects. In Bangladesh, the lack of financial resources and managerial competence to design and implement large capital-intensive projects necessitated such a policy approach. Despite this policy incentive, private sector power generating companies have failed to generate power as stipulated in the contracts. This paper examines the difficulties of regulatory governance and challenges of statesubsidised PPP model used in the power generation sector. The findings of this study suggest that power generation has improved, but the expected target could not be achieved. It is also found that the regulatory compliance regime is very ineffective and that there is a need to frame a legal policy framework to make the private sector power generation companies more accountable.

History

Start Page

623

End Page

639

Number of Pages

17

Start Date

03/12/2019

Finish Date

06/12/2019

ISBN-13

9780648110958

Location

Cairns, Queensland, Australia

Publisher

Australian and New Zealand Academy of Management

Place of Publication

Cairns, Queensland, Australia

Peer Reviewed

Yes

Open Access

Yes

Era Eligible

Yes

Name of Conference

33rd Annual Australian and New Zealand Academy of Management Conference