Government has approved the hybrid annuity model (HAM) for building National Highways (NH) to speed up the
construction of roads in the country by renewing interest of private developers in highway projects. 40% the Project Cost is to be
provided by the Government as Construction Support during the construction period and the balance 60% as annuity payments
over the operations period along with interest thereon to the concessionaire. Execution of hybrid annuity model (HAM) projects,
which is the preferred mode of awarding by the National Highways Authority of India
