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Two sweeping reforms likely in debt-ridden NHAI's HAM framework

Authority plans to slash developer upfront payment, reduce timeline for financial closure

Topics
NHAI | National Highways Authority of India | Hybrid annuity model

Dhruvaksh Saha  |  New Delhi 



National Highways Authority of India is anchoring  the project in partnership with National Payments  Corporation of India.
According to industry estimates, more than 80 per cent of highway projects awarded in the recent past come under HAM

Debt-ridden (NHAI) is looking to introduce two major reforms in its (HAM) of contracts. This move would not only increase the basket of projects being offered but also ease the financial pressure on the authority.

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First Published: Wed, September 28 2022. 20:25 IST

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