MEP and NHAI Sign ` 4,100 Cr. Concession Deals
Under the HAM model, the government infuses 40% of equity into the project during the initial five years through annual payments (annuity), while the balance has to come from the developer. While HAM projects have seen a good amount of interest from the private players, banks have been somewhat reluctant to lend HAM projects initially. Even after two years, funding remains a challenge, say industry players.
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