What is Hybrid Annuity Model (HAM) in infrastructure development? What are the risks associated with the HAM model. 10 marks

Mentor’s comment- https://www.financialexpress.com/opinion/hamsome-gains/2171329/ In the intro, mention various model like EPC, BOT and HAM in the infrastructure development. In the body, explain the model and how it is linked with the interest rate in the market. In the risks mention the risks of affecting viability due to low-interest rates and second risk is related with … Continue reading What is Hybrid Annuity Model (HAM) in infrastructure development? What are the risks associated with the HAM model. 10 marks