Cofinancing operations enable ADB’s financing partners, governments or their agencies, multilateral financing institutions, and commercial organizations to participate in financing ADB projects. The additional funds are provided in the form of official loans and grants, and commercial financing such as B loans, risk transfer arrangements, parallel loans, and cofinancing for transactions under ADB’s Trade Finance Program.

By the end of 2013, cumulative direct value-added (DVA) official cofinancing for India amounted to $1.18 billion for 18 investment projects, and $97 million for 113 technical assistance projects. Cumulative DVA commercial cofinancing for India amounted to $543.26 million for six investment projects.

In 2013, India received $88 million loan cofinancing from the Clean Technology Fund for Rajasthan Renewable Energy Transmission Investment Program-Tranche 1.

India: Projects Cofinanced, 1 January 2009-31 December 2013

Cofinancing No. of Projects Amount
($ million)
Projectsa 9 551.75
 Grants 4 10.50
 Official loans 2 288.00
 Commercial cofinancing 3 253.25
Technical Assistance Grants 51 40.80

a A project with more than one source of cofinancing is counted once.

Investment Projects Cofinanced for India, 1 January 2009-31 December 2013

Project ADB
($ million)
($ million)
Type of
Capacity Building and Livelihood Enhancement of Poor Water Users - 2.00 G
Himachal Pradesh Clean Energy Development Investment Program - Tranche 4 315.00 200.00 O
Improving Small Farmers' Access to Market in Bihar and Maharashtra - 3.00 G
Livelihood Improvement for River Erosion Victims in Assam - 2.50 G
Rajasthan Renewable Energy Transmission Investment Program - Tranche 1 62.00 88.00 O
Supporting Microentrepreneurship for Women's Empowerment - 3.00 G
Dahanu Solar Power Private Limited 48.00 65.00 C
SME Trade Finance Facility 100.00 47.50 C
National Grid Improvement Project 750.00 140.75 C

- = nil.
a Loan, grant or blend.
b C = commercial cofinancing, G = grant cofinancing, O = official cofinancing.