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4,000 MW Solar Projects under Hybrid Annuity Model (HAM)

Sector: Raw Materials • Location: Jaipur, Rajasthan, India

Source: Times of India

Project
Planned For Cancellation

The state government plans to scrap 4,000 MW solar projects planned under the Hybrid Annuity Model (HAM) for solarising agriculture connections. The HAM model involves the government providing 30% of the project cost upfront and the rest in seven installments over seven years, after which the projects are transferred to the government. However, concerns have been raised about the efficacy of this

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The project “4,000 MW Solar Projects under Hybrid Annuity Model (HAM)” is an infrastructure initiative in the Raw Materials sector, located in Jaipur, Rajasthan, India. Taiyo aggregates data on it from Times of India.

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planned for cancellation

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Description

Description

The state government plans to scrap 4,000 MW solar projects planned under the Hybrid Annuity Model (HAM) for solarising agriculture connections. The HAM model involves the government providing 30% of the project cost upfront and the rest in seven installments over seven years, after which the projects are transferred to the government. However, concerns have been raised about the efficacy of this model in the power sector, where income is assured and cash flow is predictable, unlike the road sector where HAM is commonly used.

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