#keralaroads #highway #transport #meil
Implementing a new model of highway construction
The highways in Kerala from Chengala-Neeleshwaram and Neeleshwaram-Thaliparambha are being built under the “Hybrid Annuity Model” (HAM) by the MEIL. Under this model, the highway toll tax will be collected by the government, unlike the build, operate, and transfer (BOT) toll model where the private sector collects it. This model will improve the speed of highway construction, as the government will no longer be dependent on its limited financial resources. In addition, the expertise of the private sector will be utilised to operate and maintain the roads.
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Megha Engineering & Infrastructures Limited (MEIL) is a major infrastructure company headquartered in Hyderabad, India. The company was established in 1989 as a small fabrication unit. In due course of time, the unit made a name for itself. We are fired by the zeal to equip the country with an engineering and infrastructure foundation that can hold up its pillars for generations to come.
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