hybrid annuity model

  • Bihar

    Bihar's Rs 17,000 Crore Investment in Three Major Ganga River Road Projects Using Hybrid Annuity Model

    Oct 02, 2025 08:15 pm CST

    Bihar is set to develop three major road projects along the Ganga river using the hybrid annuity model (HAM) at an estimated cost of Rs 17,000 crore. These infrastructure initiatives, spanning approximately 119 kilometers, will connect key cities like Munger, Sultanganj, and Bhagalpur while boosting economic activities and tourism along the scenic river route. The projects represent a significant milestone as Bihar's first HAM-based infrastructure development.