A COST BENEFIT ANALYSIS OF DELHI AIRPORT PPP PROJECT
Main Article Content
Cost Benefit Analysis (CBA), Externalities, Shadow Pricing, Public Private Partnership
One of the central tenets of the cost benefit analysis (CBA) literature is the divergence between a project’s financial returns and social evaluation of what is desirable from the larger economic priorities and social goals of development. This article focuses on building a base of CBA for Delhi International Airport Limited (DIAL) as a case for Brownfield PPP Airport Project in India. The process of evaluation of the relative merits of the project in terms of the accrued benefits and costs, serves as a template for future frame of reference in similar PPP airport projects.