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Public and Private Infrastructure
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PPP Projects

Build-Transfer-Lease (BTL) Project
BTL

For BTL projects, the private partner recovers its investment through payments made by the central or local government. Ownership of the facility is transferred to the government upon completion of construction, and the concessionaire is granted the right to operate the facility and receive government payments (lease payment plus operational cost) based on its operational performance for a specified period of time.