Asset reconstruction companies (ARCs) will witness their cumulative recovery rate for stressed road projects rise 700-1,000 basis points (bps) this fiscal after doubling to 50-55 per cent last fiscal, the CRISIL Ratings said in its report. This will be fuelled by the National Highways Authority of India (NHAI) initiating annuities as a result of the quicker completion or descoping of ongoing construction, which will allow for quicker debt restructuring, the report added.