Nonsovereign Project | 36909-014 Status: Active

Latest Project Documents

Title Date
The Infrastructure Fund of India Sep 2013

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Project Number 36909-014
Country India
Location Mauritius
Approval Number 7181
Type or Modality of Assistance
7181 Equity USD 15.00 million Committed
Strategic Agendas Inclusive economic growth
Drivers of Change
Sector / Subsector

Finance - Infrastructure finance and investment funds

Gender Equity and Mainstreaming
Responsible ADB Department Private Sector Operations Department
Responsible ADB Division Portfolio Management Division, PSOD
Responsible ADB Officer Gulshan, Karan Raj
Project Sponsor(s) AMP Henderson Global Investors
Description The Infrastructure Fund of India LLC (TIFOI) (the Fund) was launched on April 2004. It was established to help India increase growth through improved infrastructure in order to sustain poverty reduction. The Fund invests in urban, transportation, telecommunication infrastructure projects. It aims to reduce the emerging infrastructure bottlenecks that are significantly impeding sustained economic growth, and to improve the flow of private and public sector capital resources into the infrastructure sector.
Objectives and Scope
Linkage to Country/Regional Strategy The key element of ADB's strategy in India is poverty reduction primarily through the support for high growth. The emphasis on growth-mediated poverty reduction has meant focusing on infrastructure investments, along with policy and institutional reforms in these sectors, to raise productivity, enable efficient growth, and promote private sector development.

Safeguard Categories

Environment C
Involuntary Resettlement
Indigenous Peoples

Summary of Environmental and Social Aspects

Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation

Timetable for assistance design, processing and implementation

Concept Clearance 03 Jun 2002
Due Diligence 12 Jul 2002
Credit Committee Meeting -
Approval 16 Dec 2002
PDS Creation Date 21 Aug 2006
Last PDS Update 17 Oct 2013
Title Document Type Document Date
The Infrastructure Fund of India Extended Annual Review Reports Sep 2013

Safeguard Documents See also: Safeguards

Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.

None currently available.

Evaluation Documents See also: Independent Evaluation

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Related Publications

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