Study of Hybrid Annuity Model in Highway Projects

India has set out on an energetic pace of expressway advancement following the approach change in the mid-1990s that gave a high need to thruway advancement in India. The National Highway Development Program (NHDP) was propelled in 1997 to build up an enormous roadway arrange in a moderately brief timeframe. The Open Private Partnerships (PPP) model was received for roadway improvement in India, given the characteristic points of interest related with it over customary models. In accordance with the strategy choice, an enormous number roadway improvement contracts were granted under the Build, Operate and Transfer (BOT) variation of PPP model and different variations with further improvement of strategys Design, Build, Finance, Operate and Transfer (DBFOT) models were granted lastly now National Highway Authority of India (NHAI) has embraced Cross breed Annuity Model (HAM) for thruway improvement at fast pace. This paper initially talk about the different highlights of HAM in street part of India, later it looks at the Hybrid Annuity Model (HAM) with the customary DBFOT model of street improvement in order to discover the points of interest and hazard related with HAM both for customer and contractual worker forthcoming, which will help the partners to break down the most recent patterns of HAM ventures granted by NHAI.