
Public-Private Partnerships (PPP) in Utilities
Public-Private Partnerships (PPPs) in utilities are collaborations between government agencies and private companies to develop, operate, and maintain essential services like water, electricity, or transportation. This approach combines public sector oversight with private sector efficiency and investment, aiming to improve service quality, expand infrastructure, and reduce costs. The private partner often invests capital, manages day-to-day operations, and shares risks, while the government ensures regulation and public interest are protected. Overall, PPPs are a way to leverage private sector expertise and resources for the benefit of the public.