KCC Buildcon to sell 5 HAM highway projects to Cube Highways
ROADS & HIGHWAYS

KCC Buildcon to sell 5 HAM highway projects to Cube Highways

Cube Highways and Infrastructure has signed a deal to acquire five hybrid annuity model (HAM) highway projects from Gurugram-based KCC Buildcon. The deal would take about six months to complete pending approvals from the National Highways Authority of India (NHAI), lenders and other regulatory agencies.

Prior to the acquisition of KCC Buildcon highway projects, Cube Highways had a portfolio of 28 highways with nearly 8,900 lane km across India.

KCC Buildcon has six road projects under the hybrid annuity model (HAM), of which only one highway section on NH 66 between Talgaon and Kalmath in Maharashtra is operational. The five HAM highway projects being constructed by KCC Buildcon are estimated to have a contract value of around $575 million.

The HAM of highway construction involves the government pitching in with 40 per cent of the cost while the developer contributes the balance through equity and debt.

See also:
Breakthrough in the Delhi-Dehradun expressway project
Surat-Chennai economic corridor runs into green hurdle


Cube Highways and Infrastructure has signed a deal to acquire five hybrid annuity model (HAM) highway projects from Gurugram-based KCC Buildcon. The deal would take about six months to complete pending approvals from the National Highways Authority of India (NHAI), lenders and other regulatory agencies. Prior to the acquisition of KCC Buildcon highway projects, Cube Highways had a portfolio of 28 highways with nearly 8,900 lane km across India. KCC Buildcon has six road projects under the hybrid annuity model (HAM), of which only one highway section on NH 66 between Talgaon and Kalmath in Maharashtra is operational. The five HAM highway projects being constructed by KCC Buildcon are estimated to have a contract value of around $575 million. The HAM of highway construction involves the government pitching in with 40 per cent of the cost while the developer contributes the balance through equity and debt. See also: Breakthrough in the Delhi-Dehradun expressway projectSurat-Chennai economic corridor runs into green hurdle

Related Stories

Gold Stories

Next Story
Products

Koemmerling opens Navi Mumbai experience centre

Koemmerling, a brand of the profine Group, has expanded its presence in the Mumbai metropolitan region with the opening of a new experience centre in Navi Mumbai and launched its Allure S46 minimal sliding door system for the Indian market.Located in CBD Belapur, the facility was inaugurated by Peter Mrosik, Owner and CEO, profine Group, along with Farid Khan, Chairman and Managing Director, profine India, and Kamal Bajaj, CEO, profine India.The company said the new centre will showcase its portfolio of uPVC and aluminium window and door systems to architects, developers and homeowners.The ina..

Next Story
Products

India's waterproofing market nears Rs 150 bn milestone

India's waterproofing industry is approaching a market size of Rs 150 billion and is expected to surpass the $2 billion milestone, according to speakers at the 2nd India International Waterproofers Conference & Expo 2026 organised by the Waterproofers Association of India (WAI) in New Delhi.The two-day event brought together more than 20 speakers, 55 international delegates and 53 exhibition booths, with discussions focusing on climate-resilient construction, advanced waterproofing technologies and international collaboration.Inaugurating the event, Durga Shanker Mishra, former Secretary, ..

Next Story
Real Estate

Dilip Buildcon Q1 FY27 Revenue at Rs 23.78 billion

Dilip Buildcon Limited reported consolidated revenue from operations of Rs 2,378 crore in Q1 FY27, along with EBITDA of Rs 429 crore and profit after tax of Rs 128 crore.Consolidated EBITDA margin stood at 18.1%, improving from 17.1% in Q4 FY26. On a standalone basis, revenue from operations was Rs 1,930 crore, EBITDA stood at Rs 199 crore and PAT was Rs 39 crore, with an EBITDA margin of 10.3%.The company’s order book stood at Rs 27,691 crore as of 30 June 2026, compared with Rs 28,830 crore as of 31 March 2026. Roads and highways accounted for 17.1% of the order book, irrigation and water ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement