Thursday, 6 April 2017

Hybrid Annuity Model

The National Highway Authority of India has so far awarded 30 highways projects of total length 1821.54 kms and total cost Rs. 28162.13 crores. The Ministry of Water Resources, River Development & Ganga Rejuvenation has also adopted Hybrid Annuity Model for Namami Gange program. Tenders for three Sewage Treatment Plants under this program have been invited. As far as Railways is concerned, one contract for 3rd railway line has been planned under Public Participative Policy – normal Annuity Model in which response is good and finalization of contract is under process.
This information was given by the Minister of State for Road Transport and Highways Shri Pon. Radhakrishnan in written reply to a question in Lok Sabha today.


Courtesy: pib.nic.in

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