Accelerating Infrastructure Investment Facility in India

Date: September 2013
Country:
Subject:
Document Type: Reports and Recommendations of the President
Project Number: 47083-001

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Description

This is the report and recommendation of the president (RRP) on a proposed multitranche financing facility (MFF) to India Infrastructure Finance Company Limited (IIFCL), to be guaranteed by India, for the Accelerating Infrastructure Investment Facility in India. The RRP describes the terms and conditions for the approval of ADB's Management or Board of Directors.

The MFF involves a sovereign loan of $700 million to IIFCL to support renewed government efforts to accelerate infrastructure growth through increased private sector investment given competing pressures for fiscal resources.

Linked Document(s)

  1. Periodic Financing Request for Project 1
  2. Financial Analysis: India Infrastructure Finance Company Limited
  3. Indicative List of Subprojects Proposed by India Infrastructure Finance Company Limited
  4. Compliance Review Matrix of Legal, Environmental, and Social Safeguards of the Second India Infrastructure Project Financing Facility
  5. Financial Management Assessment
  6. Recent Rupee Depreciation and Financial Risks Associated with India Infrastructure Finance Company Limited