News Column

Provision of Infrastructure Finance Expert

July 10, 2014

Prequalification are invited for Provision of Infrastructure Finance Expert 1. Objective and Purpose of the Assignment : The objective of the proposed facility will be to provide guarantees to infrastructure project special purpose vehicles (SPVs) set up through the public-private partnership (PPP) modality, for risks at the pre-completion stage which are outside the control of the SPVs. Risks would typically include with respect to delays in land acquisition, environment and forest clearances, state government clearances, aggregation risk (delays due to non-availability of raw materials), law and order etc. These delays typically arise on account of breaches in the concession agreement by the public sector authorities. In the event of delays on account of the above and consequent risks to project cash flows, the proposed PCRGFI would pay off the lenders that are exposed to the project. The PCRGFI would charge a guarantee fee. Scope of Work : The Asian Development Bank (ADB) is seeking to recruit two (2) staff consultants for three (3) person months each to undertake a technical study to help establish a Project Completion Risk Guarantee Facility for India (PCRGFI). Detailed Tasks and/or Expected Output 1. Market assessment Establish the relevance of PCRGFI Provide guidance on the key issues/risks facing infrastructure projects in India during precompletion/ construction phase o Broadly map out the risks and probability of occurrence. Typically look at Risks outside the control of the SPV / Concessionaire Engage with stakeholders (Government bodies/department, Regulators, Implementing agencies, Banks/Lenders) to understand their perspectives on this mechanism and inputs towards structuring the same.

Major organization : ASIAN DEVELOPMENT BANK (ADB)

Address : India Resident Mission (INRM) 4 San Martin Marg, Chanakyapuri, New Delhi 110021 Attn : Project Officer Vivek Rao

Country :India

Email :

Notice type : Prequalification

Open date : 2014-07-16

Project name : Project Completion Risk Guarantee Facility for India (PCRGFI)

Tender documents : T22955639.pdf

For more stories on investments and markets, please see HispanicBusiness' Finance Channel

Source: TendersInfo (India)

Story Tools Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters