Risk allocation and contract models in renewable energy PPPs: A comparative study

A structured risk allocation framework for renewable energy Public-Private Partnerships (PPPs) enhances project bankability, reduces disputes, and improves resilience. This study compares PPP contract models—BOT, BOOT, DBFO, and FIDIC-based EPC—in India, Australia, and Africa, including Kenya’s Lake Turkana Wind Project. It identifies that assigning risks to the party best able to manage them, supported by donor backing, sovereign guarantees, and transparent procurement, mitigates challenges like land acquisition, regulatory volatility, and technology failure. The framework integrates global best practices, advancing sustainable energy transitions and providing actionable guidance for policymakers and investors.

Kumar, A. (2025). Risk allocation and contract models in renewable energy PPPs: A comparative study. International Journal of Research in Management, 7(2), 434–441. https://doi.org/10.33545/26648792.2025.v7.i2e.480