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Key Performance Indicators for Performance Evaluation of PPP Road Projects.Public private partnership (PPPs) has been widely used in Indian road sector, especially in
national highways. In recent years, the performance of these PPP projects is coming under
increasing scrutiny and often it is argued that if these project have delivered value for
money in true spirit. In this context, this study aims to formulate a conceptual framework for
analyzing the performance of PPP projects. Further to this, it aims to investigate the existing
parameters adopted in national highways for analyzing performance and suggest areas of
improvement.