Summary

India’s roads and highways sector is picking up pace with awards at an all-time high and pace of construction picking up. Add to that the buzz generated by the first TOT transaction and the host of projects awarded on the hybrid annuity mode.

Further, the ambitious Bharatmala project with an outlay of Rs 7 lakh crore provides a more long-term opportunity to the sector.

In this backdrop, CRISIL invites you to a webinar on the roads sector where our experts will delve into the following areas:

• Has NHAI changed its mode of awarding projects? How has this affected the pace of project execution?
  
• With hybrid annuity projects (HAM) leading the front in project awards - what is the credit profile of these projects awarded recently? How have the bids in this model panned out?
  
• Given the thrust on HAM and EPC awards, how have the credit profile of EPC players been impacted?
  
• How will NHAI manage the payouts expected for these projects?
  
• What is the TOT mode, what are the risks involved and what can we expect from this model?
  
• What can we expect in the road sector going ahead?

There will be a presentation by CRISIL, followed by a panel discussion with senior leaders from the road sector and a Q&A session.