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Hybrid Annuity model for implementing highway projects

News and Press Release - Dated:- 27-1-2016 - Press Information Bureau Government of India Cabinet Committee on Economic Affairs (CCEA) 27-January-2016 12:31 IST The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri 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 maximizing the q .....

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vestors in highway projects and this will bring relief thereby to citizens / travelers in the area of a respective project. It will facilitate uplifting the socio-economic condition of the entire nation due to increased connectivity across the length and breadth of the country leading to enhanced economic activity. Background: The decision taken on 11.09.2014 by the CCEA has delegated the authority for deciding on the mode of delivery of highway projects to Ministry of Road Transport & Highw .....

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ike BOT (Toll), BOT (Annuity) and OMT addressing to a significant extent, the changing needs of the sector. One of the documents developed by the Planning Commission for infrastructure including highways is the MCA for Annuity Projects -version April, 2014. The above MCA provides an alternative model in the form of Design, Build, Operate and Transfer (DBOT) where the project is financed only to the extent of a certain percentage of the cost by the private investor and this investment is recovere .....

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