Adani Group wins HAM model project in Telangana

Adani Group's wholly-owned subsidiary, Adani Road Transport Limited (ARTL), has bagged the Hybrid Annuity Model road project from NHAI and has also received a letter of award (LOA) for it. The scope of work includes four laning of NH-365A from Kodad (Design Km 0.00/Existing km 185.00 of NH-65) to Khammam (design km 31.800/ existing km 29.400) (design length = 31.800 km) in Telangana under the Bharatmala Pariyojana. The company, which was incorporated to carry out the business of construction, operation and maintenance of roads, highways, expressways, would continue to evaluate and bid for attractive opportunities in the road and highway sector which generates value for the stakeholders. ARTL is focused on incubating successful businesses to address the country's growing appetite for infrastructure. The Group is keen to use its immense expertise and experience in setting up complex and mammoth infrastructure projects matching global standards in record time and also successfully operating them. With the addition of the newest project, Adani Group will have a total of eight NHAI road projects under HAM and Toll-Operate-Transfer (TOT) in Chhattisgarh, Telangana, Andhra Pradesh, Madhya Pradesh, Kerala and Gujarat.