Hybrid Annuity Model

Reforms will ease developer cash flows, but could also lead to hyper-competition in the sector as contractors bid aggressively for projects at the cost of their own profitability

China evinces interest in constructing highways in India: Govt

Road Transport and Highways Ministry has set an ambitious target of building 15,000 km of roads and award another 25,000 km projects in this fiscal, which is about two-and-a-half times higher than last year's.

Highway oders to give equity returns of 15-16%: PNC Infra

PNC Infratech expects the total orderbook to be Rs 8,000 crore by FY1-end, said the MD, Yogesh Jain.

PNC Infratech bags hybrid annuity highway project; shares up 4%

The company has been declared the lowest bidder for the project of four laning / two laning with paved shoulders of Dausa-Lalsot-Kauthun section of NH-11 A (extension) in the state of Rajasthan under NHDP IV, on hybrid annuity model for a bid project cost of Rs 881 crore.

Why more road projects were awarded in FY16: Care Ratings

The government has allowed developers to exit highway projects two years after their construction post completion, with this the developers can now unlock significant investment which will be available for re-investment, says a report by Care Ratings.

Project awarding, execution under HAM to improve: CARE

The pace of awarding road projects and their execution under the new Hybrid Annuity Model (HAM) is expected to rise over the period with the increase in developers' participation, says CARE Ratings

Govt approves hybrid annuity model for highway projects

The erstwhile Planning Commission has developed the first version of the Model Concession Agreement for roads in 2006.