Rails to Riches: Railways Shift Six Mineral Corridors to HAM Model

In response to market feedback, the Ministry of Railways has restructured six strategic railway infrastructure projects spanning Odisha, Jharkhand, and Telangana. Initially planned under the Design, Build, Finance, Operate, and Transfer (DBFOT) framework, the projects will now be implemented using the Hybrid Annuity Model (HAM). This shift is designed to encourage private sector participation, enhance freight logistics, and accelerate the efficient transportation of key raw materials—including coal, iron ore, and bauxite—across these mineral-rich regions.

News by Rahul Yelligetti.