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Which of the following is true regarding the Hybrid Annuity Model of highway construction?
In Hybrid Annuity Model of highway construction, the concessionaire has to bear the traffic risk.
In Hybrid Annuity Model the government bears 60% of the upfront cost of the project.
In this model the NHAI will collect the toll and refund the private player.
All of the above are correct
In the Hybrid Annuity model, the government provides 40% of upfront capital in five installments based on work completion. Also, it bears the risk involved thereby making it attractive for private investors.
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