Evolution of Hybrid PPPs

Abhinav Mittal (), Puneet Agrawal () and Shuchi Agrawal ()
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Abhinav Mittal: YOG INFRA
Puneet Agrawal: ALA Legal
Shuchi Agrawal: Chartered Accountant

Chapter Chapter 1 in Hybrid Annuity Model (HAM) of Hybrid Public-Private Partnership Projects, 2023, pp 3-8 from Springer

Abstract: Abstract The concept of hybrid PPPs was initially promoted with an objective to utilize the grant financing available from state/federal governments and the commercial bank financing available via involvement of the private sector participants in such infrastructure projects. Such hybridization enabled the reduction in perceived financial risk or bankability of such projects, thus catalysing larger infrastructure developments which were not financially viable on their own. One such Hybrid PPP model is Hybrid Annuity Model (HAM) implemented in roads sector in India. This chapter details this evolution of Hybrid PPPs and the need for introducing HAM by the Government of India to boost the development of national and state highways in the country.

Date: 2023
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-981-19-2019-6_1

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DOI: 10.1007/978-981-19-2019-6_1

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