I cannot see this mod being released ever.
I've been following it on and off for a few years and:
1. I don't know who is actually responsible for the mod at the moment
2. I've no idea about the current status of any release
3. I suspect so much work is still needed that it will take months, even if someone took over NOW and worked hard at it, for anything to be ready
4. The release of AoD and HoI3 are likely to render any HoI2 mods obsolete in the very near future anyway if they haven't already been released.