Webinar on
Challenges and Opportunities in HAM & BOT Projects

23 April, 2021

About Event


The industry is glad that the Government has given a massive push to economy by allocating about $1.4 Trillion for infrastructure to be invested until 2025.The highways sector in India has been at the forefront of performance and innovation and the government has successfully rolled out several projects on the Hybrid Annuity Model (HAM) for building National Highways to speed up the construction of roads in the country by renewing interest of private developers. 
 
This is an interesting model, since it can be widely applied to many diverse sectors and blends some financing with performance risk transfer. Initially, HAM appeared to be a lucrative option for private investors seeking to share financial risk with the government. However, the interest in HAM seems to have moderated now. Delays in land acquisition combined with funding constraints faced by private developers have been among the prime reasons for the slow pace of project award and increasing project terminations. HAM project by its very nature requires long term funding i.e. more than 15 years and hence linking the short term interest rates for a long term tenure project is a structural issue which need a relook as the Concessionaires also suffered losses on account of lockdown. We are of firm belief that there is need to revive the business confidence for attracting more and more Investors with patient capital from all over the world. In this context, ASSOCHAM is organising a Webinar on ‘Challenges and Opportunities in HAM & BOT Projects’ at 5:15 P.M. on April 23, 2021. The discussions at the Webinar will help provide further suggestions on the subject.
 
Following are the confirmed speakers at the Webinar:  
·         Shri Nitin Gadkari, Hon’ble Union Minister for Road Transport and Highways & MSME
·         Shri Vineet Agarwal, President, ASSOCHAM
·         Shri Balkrishan Goenka, Immediate Past President, ASSOCHAM and Chairman, Welspun Group
·         Shri D K Sen, Chairman, Roads & Highways Council, ASSOCHAM & Whole time Director & Executive Vice President (Development, Projects) L&T Ltd
·         Shri Vinod K Agarwal, Co-Chairman, Roads & Highways Council, ASSOCHAM & Managing Director, GR Infra projects Ltd.
·         Shri Ashutosh Chandwar, Chairman National Council on Underground Construction and Tunneling, ASSOCHAM and CEO, DRAIPL
·         Shri TVS Sanddep Reddy, Co-Chairman, Roads & Highways Council, ASSOCHAM & Managing Director, Gayatri Projects Ltd
·         Shri K P Maheshwari, CEO, Adani Infrastructure

In view of the importance of the subject, we are glad to invite you to attend the Webinar at 5:15 P.M. to 6.30 P.M. on April 23, 2021.

 
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We request you to please send your questions in advance, so that it is well addressed during the Webinar. Kindly send your questions to Mr. Kaushal Lal Gupta, Email: kaushal.gupta@assocham.com. com and Mr. Anil Singh, Email: anil.singh@assocham.com