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HAM PROJECTS
Airlines' fuel, vehicle replacement & roadways in focus as Cabinet announces key decisions worth Rs 30,290 croreThe Union Cabinet has approved significant development initiatives totaling Rs 30,290 crore. A key focus is providing Rs 10,000 crore in bu...
Cabinet approves widening of NH-63 Armoor-Mancherial section under Hybrid Annuity ModelThe government has approved significant road development projects in Telangana. The Armoor-Jagtial-Mancherial section of NH-63 will be wide...
Cabinet approves Rs 4,415 crore upgrade of 233 km NH-347B in Madhya PradeshThe Cabinet Committee on Economic Affairs has approved a Rs 4,415.60 crore project to upgrade and widen NH-347B in Madhya Pradesh. The 233....
Capital Infra Trust to distribute Rs 436 cr to unitholders in FY26Capital Infra Trust declared a total distribution of Rs 436 crore to unitholders for the last fiscal, including Rs 117.97 crore for the fou...
Banks seek RBI relief on InvIT lending rules, warn 3-yr track record rule may slow infra monetisation & fresh fundingBanks have asked the Reserve Bank of India to relax new lending rules for Infrastructure Investment Trusts. The proposed three-year operati...
Road InvITs AUM to grow 30 pc this fiscal, led by asset monetisation surge: ReportRoad InvlTs assets will grow 30 percent this fiscal year, leading to an impressive Rs3.9 lakh crore in assets managed by March 2027. The gr...
Centre allows big funds to bid for BOT highway projectsIndia's Ministry of Road Transport and Highways is opening build-operate-transfer road projects to large institutional investors. This poli...
Quote of the day by Helen Mirren: 'No need to hurry. No need to sparkle. No need to be anybody but oneself' ; life lessons from British actressDame Helen Mirren champions authenticity and self-acceptance. Her words encourage living genuinely without seeking external approval. This ...
Road projects under hybrid annuity model have stable credit risk despite execution delays: CrisilIn India, a wave of road construction projects is hitting snags, primarily due to the complexities of a hybrid annuity model. While this ha...
Trump flouts lower court rulings in unprecedented display of executive powerPresident Donald Trump's administration has repeatedly ignored federal court orders. This defiance spans various policy areas, from immigra...
Chelsea's American project at breaking point as beleaguered team heads into FA Cup semisChelsea's American ownership faces a crisis. Poor results, including a Champions League exit and a five-game losing streak, have led to fan...
More relief steps may be on the way for highway contractors as West Asia war dragsThe road transport ministry is considering additional relief for highway contractors as West Asia tensions drive up input costs and disrupt...
Road ministry raises construction timelines for NH projects to up to six yearsThese normative construction periods will be applicable for all national highway projects to be bid out either on engineering, procurement,...
Payment norms for highway builders relaxedThe move is aimed at stabilising cash flows for developers grappling with higher input and logistics costs. Payments, typically released on...
Road ministry to compensate for price hike and volatility in commodity prices to contractorsHighway contractors will now receive payments monthly. The government has shortened the price adjustment period to one month. This aims to ...
NHBF seeks escalation support of 17-18% for National Highway projects to restore financial viabilityIn its submission to road transport and highways minister Nitin Gadkari, the National Highways Builders Federation said increase in input c...
CAG flags Rs 297 crore unnecessary expenditure in Maharashtra road projectsThe CAG has identified Rs 297.97 crore in unwarranted expenditure on Maharashtra's road projects under the Hybrid Annuity Model. Deficienci...
Construction cos prefer pure EPC jobs to annuity projectsThe key reason for this shift is the inability to secure financial closure for existing HAM projects.
Banks not too keen on funding HAM projects as NPAs swellAlso, high debt, weak traffic and slow pace of execution meant that it would take a long time for these players to repay the debt to banks....
Construction companies in a fix as execution pace slowsSelect companies are also not getting money from banks, which are reluctant to fund HAM projects.