2.7. Hybrid Annuity Model

The new hybrid model is a mix of the EPC (engineering, procurement and construction) and the BOT models. In the annuity mode, the concessionaire gets a fixed and more importantly assured payment from the government.

2.7.1. Salient Features 2.7.2. Advantages of this Model 2.7.3. Need of this Model 2.7.4. Challenges in this Model