Hybrid Annuity Model (HAM)

To accelerate the pace of project construction, the Government of India introduced the Hybrid Annuity Model. As infrastructure development is capital-intensive, the model has been designed to de-risk developers and lenders from the drawbacks of earlier models. Positioned at the intersection of EPC and annuity models, HAM offers assured revenue in the form of annuities, interest on the reducing balance of completion cost, and O&M payments linked to inflation during the operational phase.

RKC has ventured into HAM with the objective of building a portfolio of operational assets, and continues to actively seek potential opportunities for expansion.