A Review of Power Infrastructure Financing: The Brazil and India Approach

¹ Department of Civil Engineering Technology, University of Johannesburg, South Africa
² Department of Civil Engineering Technology, University of Johannesburg, South Africa
³ Department of Civil Engineering Technology, University of Johannesburg, South Africa

^* Corresponding author: engrkulz@gmail.com

Abstract

Infrastructure development promotes human capital development. Access to quality education and health care are some of the incentives of Infrastructure development. The development of power infrastructure in Brazil and India has greatly facilitated it gross domestic product (GDP) and social-economic development. This study assesses the approach of development of power infrastructure in Brazil and India as a prerequisite for other emerging nationʼs economy to follow. A confirmatory literature involving power infrastructure development in India and Brazil was explored for the purpose of this study. The paper highlights the challenges, policies effects, legislations effects, ways to finance, philosophical approach and the economic benefits involves in power infrastructure development in Brazil and India. Power infrastructure will strive when the challenges involves in its development is addressed. The adoption of this approach of implementing the developmental challenges, better policies, innovative financing scheme and effective legislations that has aided the development of power infrastructure development and should be replicated in emerging nations i.e. sub-Sahara Africa (SSA). In addition, direct implementation of this approach will bring forth the benefits of infrastructure development. This will contribute to the knowledge of power infrastructure development in emerging nations across the globe.