GS3 · 15 marks · 250 words

What are the challenges faced by Public Private Partnerships (PPP) in highway projects? Do ‘Hybrid Annuity Model’ (HAM) overcome those challenges? Discuss.

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Syllabus: Investment models.

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More on Investment Models

How a project is financed and who bears the risk: PPP, hybrid annuity, viability gap funding, asset monetisation, InvITs.

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