• 1-800-526-8630U.S. (TOLL FREE)
  • 1-917-300-0470EAST COAST U.S.
  • +353-1-416-8900REST OF WORLD
Infrastructure Finance in India Product Image

Infrastructure Finance in India

  • ID: 1843501
  • March 2011
  • Region: India
  • 296 Pages
  • India Infrastructure

The report provides a detailed analysis of the trends and developments in the infrastructure financing sector in India. It provides a comprehensive coverage of the financing requirements, sources of financing, existing terms and structures, financing experience so far and the future outlook for the infrastructure sector. It also provides sector specific case studies and profiles of key financiers in the country.

This comprehensive report has 4 distinct parts- Macro Analysis, Debt Financing, Equity Financing and Financing by Sectors. It has 10 sections and 22 chapters.

The report is indispensable for any organisation involved with infrastructure. It is especially useful to infrastructure developers, infrastructure finance groups in commercial banks, national and international development agencies, institutional investors, policymakers and regulators, private equity firms, infrastructure funds, insurance firms, infrastructure sector specialists and legal firms

Note: Product cover images may vary from those shown

SECTION I – MACRO ANALYSIS

1 OVERVIEW AND KEY TRENDS
- Introduction
- Economic Growth and Infrastructure
- Investment Requirements
- Funding Sources and Structures
- Trends in Infrastructure Financing
- Role of Public-Private Partnership
- Key Characteristics of Infrastructure Finance
- Risks and Challenges
- Conclusion

2 GOVERNMENT INITIATIVES
- Introduction
- India Infrastructure Finance Company Limited
- Viability Gap Funding
- India Infrastructure Project Development Fund
- India Infrastructure Debt Fund
- Conclusion

3 POLICY AND REGULATION
- Introduction
- Definition of Infrastructure
- FDI Policies
- RBI Guidelines
- SEBI Guidelines
- IRDA Guidelines
- Income Tax Guidelines
- Provisions under Budget 2011-12
- Issues and Challenges
- Conclusion

4 PUBLIC-PRIVATE PARTNERSHIP
- Introduction
- Drivers for PPP Investment
- Criteria Basis for Project Awards
- PPP Formats
- Model Concession Agreements (Financial Clauses)
- PPP Experience So Far
- Factors for PPP Success
- Issues and Challenges
- Conclusion

5 FUTURE OUTLOOK
- Introduction
- Future Funding Requirements
- Factors Affecting Infrastructure Investment
- Emerging Financing Instruments
- Conclusion

SECTION II – DEBT FINANCING

Each debt segment will include an analysis of: - Size and Growth
- Terms and Structures
- Risk Factors
- Key Players

6 COMMERCIAL BANKS

7 NON BANKING FINANCE COMPANIES

8 INTERNATIONAL DEVELOPMENT FUNDING INSTITUTIONS

9 EXTERNAL COMMERCIAL BORROWINGS

10 INSURANCE AND PENSION FUNDS

Section III – EQUITY FINANCING

11 PRIVATE EQUITY
- Introduction
- Size and Growth
- Terms and Structures
- Returns
- Key Players
- Risk Factors
- Conclusion

12 CAPITAL MARKETS
- Introduction
- Size and Growth
- Policy and Regulation
- Returns
- Risks Factors
- Conclusion

Section IV - FINANCING BY SECTORS
The analysis of each sector will include: - Introduction
- Funding Requirements
- Financing Terms and Structures - Project Economics
- Case Studies
- Key Financings
- Risk Factors
- Conclusion

13 POWER FINANCING

14 ROAD FINANCING

15 PORTS FINANCING

16 AIRPORTS FINANCING

17 URBAN TRANSPORT

18 WATER SUPPLY AND SANITATION

19 RAILWAYS FINANCING

20 APPENDIX

List of Tables

Infrastructure Investment in the Eleventh Five Year Plan
Growth in Core Industries and Infrastructure Services (%)
Target and Achievement in the Eleventh Five Year Plan
Investment Projections in Infrastructure Sector (Rs billion)
Investment Requirement in the Twelfth Five Year Plan
Investment by Centre, State and Private Sectors
Sources and Structures for Financing Infrastructure
Infrastructure Funding in India through Debt and Equity Markets (in Rs billion)
Sector-wise Funding of Infrastructure in India (Rs billion)
Schemes under IIFCL
Cumulative Lending by IIFCL
Sector-wise Cumulative Sanctions of IIFCL (Rs billion)
Scheme for Takeout Financing
Scheme for Refinancing
Viability Gap Funding Scheme
Trends in Viability Gap Funding in Infrastructure
India Infrastructure Project Development Fund
Trends in IIPDF in Infrastructure
India Infrastructure Debt Fund
Definition of Infrastructure by Various Agencies
FDI Policies in Infrastructure Sectors in India
Spread over LIBOR for ECBs
Exposure Norms for Insurance Companies
Factors to Consider when Choosing a Procurement Option
PPP Formats Prevalent in India
Summary of PPP Investments in India's Infrastructure
Infrastructure Investment between 2010-11 and 2012-13
Per unit Cost of Power and Road Projects (Rs million)
Expected Project Funding between 2010-11 and 2012-13
Industry-wise Deployment of Gross Scheduled Commercial
Bank Credit (Rs billion)
Share of Infrastructure Sectors in Total Bank Lending (%)
Key Commercial Banks in Infrastructure Lending
Terms and Structures for IFCs
Sanctions and Disbursements by PFC
Projects Sanctioned by PFC in 9M 2010-11
Rural Electrification by REC
Sanctions and Disbursements by REC
Projects Sanctioned by REC during 2009-10
Sanctions and Disbursements by IDFC
Recent Projects Financed by IDFC
SIFL's Disbursements between 2005-06 and 2009-10
Recent Infrastructure Projects of IL&FS
L&T Infra's disbursements between 2007-08 and 2009-10
Disbursements by IRFC (Rs billion)
IFCI's Net Outstanding to the Infrastructure Sector
HUDCO's sanctions to the infrastructure sector (Rs billion)
Sanctions and Disbursements by IREDA (Rs billion)
Project Classification by the International Finance
Corporation according to their Environmental Impact
Types of IBRD Loans and Their Terms
Fixed Swap Rate for Dollar-denominated Loans by ADB Transaction Fee Schedule Terms and Conditions for Yen Loans as applicable to India
Loans Sanctioned by the World Bank in Infrastructure Sector of India
Infrastructure Projects Financed by World Bank in 2010 Infrastructure Companies Financed by the International
Finance Corporation in 2010
Recent Infrastructure Projects Financed by ADB
Recent Infrastructure Projects Financed by JICA
ECB and FCCB Issuance in the Infrastructure Sector All-in-cost Ceilings over LIBOR as per ECB Guidelines
ECA Structures
Trends in Investments by Insurance Sector (Rs billion)
Trends in Investment by LIC in Infrastructure Sector Trends in Investment by Major Public Sector Non-life
Insurers in Infrastructure (Rs billion)
Trends in Investment by Major Private Sector Non-life
Insurers in Infrastructure (Rs billion)
Rs/$ Exchange Rates
Key PE Transactions in 2010-11
Structures of Equity Investments in Infrastructure
Key PE Exits in Infrastructure in 2010-11
Examples of Foreign PE Players Active in Infrastructure
Examples of Investments made by Unlisted Funds
Upcoming IPOs in Infrastructure Sector
FPOs in Infrastructure Sector from 2004-05 to 2010-11
Power Investments in the Eleventh Plan (Rs billion)
Components of Construction Cost across Sectors (%)
Generation Tariffs of Some Utilities (2008-09)
Financing Structure for Sasan UMPP
Financing Structure for Tanmar TPP
Financing Structure for WRSS Transmission Project
List of Financial Closures for IPPs between April 2009 and October 2010
Key PE Deals in the Power Sector List of QIPs in the Power Sector
Details of Investment under Tenth, Eleventh, and Twelfth
Five Year Plans (Rs billion)
Revenue Model under the Three Formats
Termination of Agreement in Case of Traffic Variation
Sources of Funds for the RMHP
Contribution to Senior Debt by Banks
Some of the NHDP Projects for which Financial Closure has been Achieved since January 2010
Investment Required for Ports Sector during 2010-11 to 2016-17 (Rs billion)
Operating Expenditure of Major Ports during 2005-10 (Rsbillion)
Break-up of Operating Income for Few Major Ports during 2009-10 (per cent)
Financing Structure for LNG Regasification Terminal Project
Key Features of the Rupee Debt for the LNG Regasification
Terminal Project, Cochin
Airport Investments in the Eleventh Five Year Plan Estimated Investments in Greenfield Airports
User Development Fee at Airports (in Rs)
Break-up of Revenue Components at the Delhi Airport Break-up of Revenue per Passenger (Rs)
Investments in Metro Projects
Investments in Bus-based Mass Rapid Transit Systems
Non-fare Revenue Options
Financing of Key PPP Projects
Components of Construction Cost in Railways Sector
Revenue Sources of Indian Railways (Rs billion)
Contribution of Sources of Funds during 2005-11 (Rs billion)
Funding Sources for IRFC (Rs billion)
Business Models in Railways

List of Figures

Sector-wise Distribution of Infrastructure Funds between 2005-06 and 2009-10
Private Investment in Infrastructure
Sector wise Distribution of Approved Projects under VGF
Sector-wise Distribution of Approved Projects under IIPDF
Time and Cost Overruns in Infrastructure projects between April 1992 and March 2009
Share of Infrastructure in Scheduled Commercial Bank Lending
Maturity-wise Scheduled Commercial Bank Liabilities and
Deposits at the end of 2008-09
IFC Disbursements from 2005-06 to 2009-10 (Rs billion)
Allocation of PFC's Disbursements between 2005-06 and 2009-1091
Sector wise Allocation of IDFC's Disbursements between 2005-06 and 2009-1094
Share of Infrastructure Sectors in IFCI's Outstanding to
Infrastructure between 2005-06 and 2009-10
Sector wise Allocation of IREDA's Disbursements between 2005-06 and 2009-10
Trend in Infrastructure Funding by International
Development Funding Institutions
Sector-wise Funding by International Development Funding
Institutions to Infrastructure
Sector-wise Distribution of World Bank Funding in Indian Infrastructure
Trends in the International Finance Corporation's Funding to Infrastructure
Sector-wise Funding by the International Finance
Corporation in Indian Infrastructure
Funding by ADB in Infrastructure Sector of India
Sector-wise Funding by ADB in Indian Infrastructure
Funding by JICA in Infrastructure Sector of India
Sector-wise Distribution of JICA Funding in Infrastructure Sector of India
ECBs and FCCBs Raised in the Infrastructure Sector
Category-wise Investments of the Insurance Sector
Trends in Private Equity Investment in Infrastructure*
Sector-wise PE Investment in Infrastructure between 2005- 06 and 2010-11
Sector-wise PE Investments in Infrastructure in 2010-11
IPOs in Infrastructure Segment from 2004-05 to 2010-11
IPOs by Small and Mid-sized and Large-sized Companies between 2008-09 and 2010-11
Sector-wise Distribution of IPOs between 2004-05 and 2010-11
QIPs in Indian Infrastructure Segment between 2006-07 and 2010-11
Sector-wise Distribution of QIP Issues between 2006-07 and 2010-11
PIPE Deals in Indian Infrastructure Segment between 2005- 06 and 2010-11
Sector-wise Distribution of PIPE deals between 2005-06 and 2010-11
Cost Components of a Road Project

Note: Product cover images may vary from those shown
Note: Product cover images may vary from those shown

RELATED PRODUCTS

Our Clients

Our clients' logos