Question
What is the full form HAM?
Solution
The Government has approved the hybrid annuity model (HAM) a mix of the EPC (engineering, procurement and construction) and BOT (build, operate, transfer) models for building National Highways (NH) to speed up the construction of roads in the country. 40% the Project Cost is to be provided by the Government and the balance 60% as annuity payments over the operations period.Â
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