NHAI to continue awarding road projects this fiscal, HAM dominates: Crisil

The National Highways Authority of India’s vigour in awarding road projects will continue in the current financial year, with the hybrid annuity model expected to account for half of the projects, according to a report released on Monday.

Credit rating agency Crisil said that mid-sized regional players will grab a large chunk of these Hybrid Annuity Model (HAM) awards.

A total of 4,500-5,000 kilometres is expected to be awarded, out of which 45-55 per cent should be under the HAM mode. Another 40- 45 per cent would be under the EPC (Engineering, Procurement, Construction) mode and less 5 per cent under the build operate-transfer (BOT)-toll mode, the report said.