Crisil: Majority of Hybrid Annuity Model Highway Projects Face Delays but Maintain Stable Credit Risk
1 hour agoBusiness
33LENS
2 SourcesNew Delhi, India
TBNthebalanced.news

Crisil: Majority of Hybrid Annuity Model Highway Projects Face Delays but Maintain Stable Credit Risk

Crisil reports that about 60% of national highway projects under the Hybrid Annuity Model (HAM) are delayed by over 11 months on average, primarily due to right-of-way issues, environmental clearances, and force majeure events. Despite execution delays and a 5-10% increase in project costs, credit risk profiles remain stable, supported by concession agreements and inflation indexation. Extensions have been granted as delays are largely beyond concessionaires' control, covering projects awarded between 2021 and 2025.

Political Bias
5%90%5%
Sentiment
50%
AI analysis of 2 sources · Published under editorial oversight by The Balanced News
Analysed 7 May 2026· How this analysis is produced· Editorial standards· Corrections

AI Analysis

Political bias across 2 sources
● Left 5%● Center 90%● Right 5%

The articles present a neutral, technical perspective focused on infrastructure project execution and credit risk assessment. They reflect government and rating agency viewpoints without partisan framing, emphasizing procedural delays and financial implications. No political parties or ideological positions are discussed, maintaining an objective tone centered on project management and financial stability.

Sentiment — Neutral (50/100)

The overall tone is balanced and factual, acknowledging delays and cost overruns while highlighting stable credit risk profiles. The coverage neither criticizes nor praises stakeholders but provides measured analysis of challenges and mitigating factors, resulting in a neutral to mildly cautious sentiment regarding project progress.

How 2 sources covered this story

Each source's own headline, political lean, and sentiment — so you can see framing differences at a glance.

SourceTheir headlineBiasSentiment
businessstandard60 of national highway projects on annuity model facing delays: CrisilCenterNeutral
economictimesRoad projects under hybrid annuity model have stable credit risk despite execution delays: CrisilCenterNeutral

Coverage timeline

economictimes broke this story on 7 May, 12:02 pm. Other outlets followed.

  1. 1
    economictimes7 May, 12:02 pm
    Road projects under hybrid annuity model have stable credit risk despite execution delays: Crisil
  2. 2
    businessstandard7 May, 04:11 pm
    60 of national highway projects on annuity model facing delays: Crisil

Lens Score breakdown

33/100
Public interest0/100
Coverage gap100%

Well-covered story — coverage matches public importance.

Who's involved

Institutions and figures named across source coverage.

Government
Concessioning Authority
Corporate
CrisilPrivate Construction CompanyCrisil Ratings

Story context

Category
Business
Location
New Delhi, India
Sources analysed
2
Last analysed
7 May 2026
Key entities
Concession (contract)Credit riskInflationRight-of-way (transportation)Force majeureLocal governmentAnnuityCredit rating agencyNew DelhiManish Gupta (director)National highways of IndiaHybrid vehicle