No HAM award so far, yet NHAI ‘hopeful’ of awarding 2,000 kms in rest of the fiscal


No HAM award so far, yet NHAI ‘hopeful’ of awarding 2,000 kms in rest of the fiscal

No highway project was awarded under the hybrid annuity model (HAM) so far this fiscal, but the National Highways  Authority of India (NHAI) may award around 2,000 km through the HAM route in the remaining period of 2019-20.

The authority has a total awards target in all categories of 6,000 km in the current fiscal. Last fiscal, 834-km projects were awarded under HAM out of the total awards of 2,222 km. Crisil has said NHAI could award around 4,000 km highway projects in the current fiscal.

“Though there had been no project awards through HAM so far in the current fiscal, a lot of projects will come up for awards through the HAM route soon. Read More

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