The Cabinet Committee on Economic Affairs, chaired by the PM Narendra Modi, has given its approval for the Hybrid Annuity Model as one of the modes of delivery for implementing the Highway Projects. Adopting such a model for projects not found viable on BOT (Toll) mode shall be more effective in terms of maximising the quantum of kilometres implemented within the available financial resources of the government. The main object of the approval is to revive highway projects in the country by making one more mode of delivery of highway projects.
FlashNews:
FLY91 Strengthens Leadership Team with Seasoned Aviation Executives to Drive Regional Growth
Sonowal Calls for TechnologyâLed Maritime Security as Indiaâs Port Network Grows
Civil Aviation Minister Naidu Expands Pilot Training Network with 11 New FTOs
INS Malvan Commissioned with AM/NS India Steel Backbone
Air India Names Tewolde Gebremariam CEO & MD to Drive Global Expansion
PM Surya Ghar: Muft Bijli Yojana Crosses 5 Million Rooftop Solar Installations
Delhi Airport Expands Domestic Network to 90 Destinations with Launch of Direct Flights to Daman
Jupiter Wagons, Lucchini RS to Build Indiaâs First Fully Integrated PrivateâSector Railwheel Manufacturing Platform
Willie Walsh Takes Charge as IndiGo CEO
Indian Railways Posts 9% Freight Growth in July 2026
PM Modi Dedicates POWERGRID Transmission Projects for Clean Energy in Andhra Pradesh
AM/NS India Highlights LongâLife Solar Infrastructure with Magnelis for 300âŊGW Ambition
RECPDCL Hands Over Ryapte Transmission SPV to Tata Power
Indiaâs Rooftop Solar Push Accelerates as PM Surya Ghar Nears 5 Million Homes
PM Modi Looks East to Future After Bhogapuram Airport Unveiling
India Approves âđ50.7âŊBillion Scheme for Floating Solar Projects with Energy Storage
Air India, SkyDrive, and Suzuki Join Forces to Explore eVTOL Medical Logistics in India
REC, PFC Seal âđ268.5 Billion Loan Deal for 2,400 MW Meja Thermal Project
Tata Power Renewables Breaks Ground on 800 MW Hybrid Project in Andhra Pradesh
Home » Hybrid Annuity model for implementing highway projects approved
Hybrid Annuity model for implementing highway projects approved
Roads & Highways
February 1, 2016February 1, 2016
Leave a Reply
You must be logged in to post a comment.