NHAI starts expanding funding avenues to secure finances for future

Our target is to reach out to investors in every segment, be it a large investor, or small, an NHAI official said

The National Highways Authority of India (NHAI) has started experimenting with its funding approach as it looks to secure finances for future projects. The authority’s plans are in sync with its goal of attracting multiple investor segments.

“Our target is to reach out to investors in every segment, be it a large investor, or small. Therefore we have several options in project execution from BOT, HAM, EPC and TOT,” an NHAI official said.

"Build-Operate-Transfer or BOT is for the concessionaires which have the appetite to take the traffic risk," he added. The Hybrid-Annuity model is for construction players who require hand holding