Infrastructure: Maharashtra plans 10,000 km of road projects under HAM model

With the newly-introduced hybrid annuity model (HAM) slowly becoming popular at the Centre, states too are beginning to adopt the model. Maharashtra’s public works department (PWD) is planning to award about 10,000 km of projects in the next six months. "We have recently come to a decision that these will all be awarded under the hybrid annuity model," Ashish Singh, principal secretary, PWD, told FE.