HomeLatest Updates

Letter of Agreement for HAM Project awarded

Letter of Agreement for HAM Project awarded

The National Highways Authority of India (NHAI) has awarded Letter of Agreement for the HAM Project in Haryana. The contract has been issued to HG

Nigeria to commission Kajola wagon assembly plant
China’s Huanghua Port launches foreign trade container route
Tanzania inks US $2bn deal for Tabora Kigoma Standard Gauge Railway project

The National Highways Authority of India (NHAI) has awarded Letter of Agreement for the HAM Project in Haryana.

The contract has been issued to HG Infra Engineering, an infrastructure company, with more than 18 years of expertise. It is primarily involved in the business of engineering, procurement, and construction (EPC). The firm has been tasked to construct a six-lane ring road that will begin from NH-44, and stretch to the village of Samalkha at Karnal Munak Road (MDRI115). The hybrid annuity model (HAM) project boasts a total length of 34.5 kilometers. It is scheduled to take 730 days to complete.

HAM Project

The project is a part of the Bharatmal Pariyojana Programme (BMP). Centrally sponsored and funded by the Road and Highways project of the Government of India, the initiative is an ecosystem of road development. It includes the development of bridges, flyovers, tunnels, as well as elevated corridors. Moreover, the program includes the development of interchanges and ring roads.

BMP strives to provide the most optimized, jam-free, and shortest connectivity to various places. Furthermore, the project’s success is set to have a positive, ripple effect on the region. In fact, the HAM Project in Haryana is well in alignment with the Haryana RTO Code. The Section 213 of the Motor Vehicles Act of 1988 is enforced by the Haryana Transport Department.

The RTO Code aims to promote the welfare of road safety, and transportation. Additionally, the code’s department offers a diverse array of related services such as car registrations and the granting of licenses. The department also offers the granting of permits.