Hybrid Annuity Model (HAM)

DBL Yavatmal Wardha Highways Private Ltd (DYWHL), Maharashtra

Commercial Operations Date - 02nd August 2019

64.93 Km

Approx. Route length

Yavatmal - Wardha


02nd Aug 2019

Commercial Operations Date


Highway Corrider


DBL Yavatmal Wardha Highways Limited (DYWHL) was incorporated on April 04, 2017. DYWHL entered into a Concession Agreement dated June 09, 2017 with National Highway Authority of India (the “Authority”). The DYWHL project was awarded to Dilip Buildcon Limited (DBL) by National Highway Authority of India on March 28, 2017 for 15 years of Operation & Maintenance period along with Construction period of 2.5 Years from the Appointed Date i.e. 05th February 2018 of the DYWHL Project, on a Hybrid Annuity Model (HAM). The Project have successfully achieved its PCOD on 02nd Aug 2019.

The Government of India had entrusted to the Authority the development, Maintenance and management of National Highway No. 361 including the section from KM 400.575 to KM 465.500. The Authority had resolved to augment the existing road from KM 400.575 to KM 465.500(approx. 64.925 Kms) on the Yavatmal-Wardha section of National Highway No. 361 in the state of Maharashtra by Four laning thereof on design, build, operate and transfer (the ‘DBOT Annuity or Hybrid Annuity) basis.

Complete Technical Report