iidc overview and profile vision, structure, strengths and services il&fs infrastructure...
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IIDC Overview and ProfileVision, Structure, Strengths and Services
IL&FS Infrastructure Development Corporation Ltd (IIDC)
Our Vision
Vision Developing infrastructure projects, benchmarking against
international & national standards, ensuring induction of best practices and efficiencies towards implementation
Approach Creation of a Business Plan of the opportunities:
Collaborate with Federal and/or Local Government and its
Agencies to address infrastructure needs Introduce rigorous project development to successfully
commercialize private sector led projects Engage in infrastructure enabling policy formulation Assist in obtaining funds during project development and
implementation
Board of DirectorsMr. Ravi Parthasarathy - Chairman Executive Chairman, IL&FS
Mr. Hari Sankaran – Director Managing Director, IL&FS
Mr. Arun K Saha – Director Jt. Managing Director, IL&FS
Mr. Sandeep H Junnarkar – Director Advocate, Junnarkar & Associates
Mr. Pradeep Puri – Director CEO, NTBCL
Mr. S D Kapoor – Director Former Chairman & Managing Director, MMTC Ltd.
Mr. S C Tripathi – Director Former Secretary, Govt. of India
Mr. C P Jain – Director Former Chairman & Managing Director, NTPC Ltd.
Organogram
Chief Executive Officer
Department Heads
Corporate Secretarial
Legal
Finance & Accounts
Corporate Review & Planning
Administration
Information Technology
Sectoral Leaders Territorial Leaders
Assignment Supervisors
Core Teams
Support Teams
Researchers
Support Staff
Human Resource
What is IIDC
The infrastructure development arm of IL&FS, also domiciling its extensive portfolio of Projects across sectors
Objectives:
To develop world-class infrastructure on self-sustainable basis, especially on Public-Private–Partnership (PPP) formats
To create synergistic development opportunities with Federal, Regional & Local Governments and the Private Sector
To undertake bankable project development, from concept to commissioning stage
Our USP: Pan sector knowledge, geographic presence, strong understanding of policies & processes & market penetration
Market breadth and penetration: Across the nation and internationally
IIDC
GOVERNMENTSCentral Government
State GovernmentInternational Organizations
Private Sector Multilateral & Bilateral Organizations
Solving the Infra Paradox
The Missing Link – identification and structuring
Great need of Infrastructure
creation
• Capital need
• Infrastructure Sustainability
• Investments with Steady Returns
Can be addressed by suitable project development
PROJECT DEVELOPMENTPROJECT DEVELOPMENT
Project Development
– Techno-Economic Viability : Financial Rate of Return
– Risk Management : Identification , Mitigation, Allocation
– Adequate Economic Rate of Return
– Rigorous Environmental and Social Assessment
– Conformity to public standards and transparency
– Appropriateness of the Institutional and Legal Framework
BANKABLE PROJECTS BY ENSURING
Project Delivery Process
• Project Bidding• SPV formation• Selection of Operator/
Investors
Bankable Project
Project Marketing
Monitoring
• Compliance with Performance std.
• Regulatory M/c• Auditing/Reporting• Project Transfer
Development
• Financing Structures• Bidding Structures • Contractual Frameworks• Legal Documentation
•Identification•Detailed Feasibility/ Structuring•Project Scheduling
A Continuous Process
PPP Approach
Leverage limited budgetary resources Improve efficiency in service delivery
Need
PPP approach
Attract private investments for infrastructure projects
Goal
Private Sector contribution for: Financial investments Management practices Efficiency in service delivery
Public Sector contribution limited to: Financial gap funding Providing institutional commitment to project
Concept/
Screening
Technical &Financial
Feasibility/Appraisal
Bid ProcessManagement
Funding (PDF/Equity)
& Syndication
Implementation/Monitoring &Supervision
Services offered from concept to commissioningFew Products and Relationships
Nature of Services & Practices
• Project Development especially PPP assignments
• Development Consulting
• Project Appraisal
• Detailed Technical and Financial Feasibility Assessments
• Program Management
• Policy Advisory
• Project finance Advisory
• Training and Capacity Building
Project Development
• Create bankable projects which can implemented on PPP frameworks
• Project Development is carried out by IIDC with or without opportunities for Funding by IL&FS – Project Development Funding (PDF/direct IL&FS)– Equity Participation
• Examples successfully delivered such as Visakhapatnam Industrial Water Supply Project, AP, Gangavaram Port- Visakhapatnam, AP
Concept/Screening
Technical &Financial
Feasibility
Funding (PDF/Equity)
& Syndication
Implementation/Monitoring &Supervision
Bid Process
Management
Program Management
• Adding depth by extending involvement beyond the procurement of the private sector developer and fulfill roles such as Implementation and Monitoring & Oversight– Example: IIDC had taken on the role of Monitoring the National Games
Housing Complex project in Jharkhand
• Increasing the breadth of Project Development activities – co-ordinating and developing a conglomeration of projects across sectors/locations– Example: the Community Service Centre Project for the DoIT and IIDC role
in the JNNURM initiative of the MoUD
Implementation/Monitoring &Supervision
Policy Advisory
• IIDC also undertakes advisory mandates
• Leveraging extensive Project Development expertise in the infrastructure sector.
• Clients include Central Government ministries, Private Sector and PSUs.
• Some significant mandates are:– Designing Toolkits for the JNNURM, MoUD
– Mid-term Appraisal of ASIDE Scheme
– Development of PPP Policy Framework for Tamil Nadu, PPIAF (World Bank)
– Development of Financing Options for DVC
– Strategic and Business Plan for ASEB
Technical &FinancialAdvisory
Training and Capacity Building
• Training on Infrastructure Development on PPP frameworks is emerging as an interesting project.
• Product allows IIDC to:– Create an enabling environment for PPP projects– Sensitize the decision-makers to the risks in PPP projects and the importance of
Project Development and open new markets– Enhance the reputation of IL&FS as a pioneer in infrastructure development
• Some important training assignments include– Training module on PPP – part of the in-house training program for IAS officers
with 17-20 years of service at the Lal Bahadur Shastri National Academy– Developing a module on PPP for the Department of Personnel and Training,
under the UNDP project “Strengthening of State Training Institutes in India”
Few Relationships
Joint Ventures and SPVs
Haldia Integrated Development Agency Ltd
North East Tourism Development Corp. Ltd.
Bengal Integrated Infrastructure Development Ltd.
Infrastructure Development Corp. of Assam Ltd.
Bodoland Infrastructure Development Corp. Ltd.
Etc...
Ministry of Commerce
Ministry of Home Affairs
Ministry of Corporate Affairs
Ministry of Urban Development
Planning Commission
MMTC
SAIL
ONGC
IWAI
Government
World Bank
ADB
USAID and USAEP
African Development Bank
Multilateral Agencies
State Govt.
APAssamBiharChhattisgarhGujaratHaryanaJharkhandKarnatakaKeralaMaharashtraMPNagalandPunjabRajasthanSikkimTamil NaduUPUttaranchalWest Bengal
Sectoral Experienceand our strength
Some Project Examples of sectoral spread
Focus Sectors:
• Special Economic Zones/ Industrial Corridors• Tourism• Logistics/FTWZ• Social Infrastructure• Transport• Ports (Air & Sea) • Urban Infra and Municipal Services• Urban Transport• Solar & Township Development• Rural development• Managed Assets
Roads: Punjab Road Projects under BOT
Balachour - Dasuya 104.50
Patiala - Malerkotla 60.00
Moga - Kotkapura 47.70
Patiala - Patran 48.60
Ferozepur - Fazilka 84.55
Kiratpur - Una 35.7
Road CorridorsLength(Km)
Balachour - Dasuya 104.50Balachour - Dasuya 104.50
Hoshiarpur – 104.09Hoshiarpur – Tanda 27.9
Patiala - Malerkotla 60.00Patiala - Malerkotla 55.77
Moga - Kotkapura 47.70Moga - Kotkapura 47.70
Patiala - Patran 48.60Patiala - Patran 48.60
Ferozepur - Fazilka 84.55Ferozepur - Fazilka 84.40
Kiratpur - Una 35.7Kiratpur - Una 35.72
Road CorridorsLength(Km)
Road CorridorsLength(Km)
* Concession Agreements of all these road projects in Punjab have been signed and currently these projects are under construction.
Delhi-Mumbai Industrial Corridor
Project BriefPlanned along 1,483 km long western dedicated
freight corridor (DFC) project between Delhi & Mumbai which proposed to be commissioned by 2012
GOI initiated DMIC to leverage the economic benefits arising from western DFC
DIPP, MoCI, appointed M/s IL&FS Infrastructure Development Corporation Limited, in March, 2007, as Consultant to prepare Concept Paper
GOI accorded ‘in principle’ approval to Project Outline in August, 2007
Apex Authority constituted in September, 2007 with Union Finance Minister as Chairman, Cabinet Ministers and Six Chief Ministers as Members
Project Development Fund (PDF) of US$250 Million agreed to be set up with funds from Govt. of India and Govt. of Japan
Haryana
Rajasthan
Gujarat
Madhya Pradesh
Uttar Pradesh
MaharashtraArabian Sea
J.N.Port
End TerminalsDFC Alignment
G-Q (NH-8) N-S & E-W NH Corridor Existing Passenger Rail Link
Dadri
• Project: Greenfield development of airport for Bangalore
• Project developed successfully for Govt of Karnataka.
• IL&FS’ Process Management: – Techno-Economic Feasibility Studies, Financial Structuring – Government Approval and Clearance Processes : Steering Committee,
Infrastructure Authority– Bid Documentation & Procurement Process for PSP: Marketing &
Facilitation role
• Developer consortium of Siemens, Zurich Airport, L&T ECC identified and agreements finalised. Financial Close in 2004 for BIAL, project SPV
Airports: Bangalore Airport
• Project: Greenfield development of 50 MTPA multi-purpose port east of Visakhapatnam
• Project developed successfully for Govt of Andhra Pradesh with Rs 2043 cr investment committed
• IL&FS’ Process Management:
– Techno-Economic Feasibility Studies, Financial Structuring
– Government Approval and Clearance Processes : Steering Committee, Infrastructure Authority
– Bid Documentation & Procurement Process for PSP: Marketing & Facilitation role
• Developer consortium of DVS Raju and Dubai Ports International identified.
Ports: Gangavaram Port
Project Size: Rs 5852 mn (Ph-I: Rs. 4100 mn)
Pipeline from Godavari River (Rajahmundry), 56 km upstream of Yeleru reservoir, to create capacity of about 590 MLD
Phase I: Rehab of existing 153-km YLBC (Yeleru reservoir to Vizag) & Loss Reduction
Phase II: Laying 56 km Godavari-YLBC pipeline
Project completion (Phase I) August 2004
Water: Vizag Industrial Water Supply
Industrial Infrastructure
• Industrial Cluster Developments under IIUS Scheme of Govt. of India– Ludhiana Textile Cluster– Howrah Foundry Cluster– Kanpur Leather Cluster– Raipur Steel Cluster– Goa Industrial Cluster– And many more …
• Pharma City in Andhra Pradesh
• Industrial Park/ Satellite Zones in Chattisgarh (3 Nos.), Bhubaneswar, Adityapur
SEZ: Kakinada SEZ
Project Features
• ONGC & Kakinada Sea Port Ltd. are the key developers
• About 10,000 acres land proposed for SEZ
• Project cost for Phase I is estimated at Rs 300 billion
Project Status
• Sector & Demand Assessment completed
• Technical & Engineering Consultants appointed
• SPV formed for development of Port Based SEZ in
Kakinada
IL&FS Role
• IL&FS undertaking entire project development activities
• The scope interalia include; Technical studies, financial
structuring, bid process management, transaction advisors
for financial closure
Railways: Advisory Mandates
• Tanzania Railways Corporation Concession– IL&FS providing advisory assistance to RITES in bidding for Tanzania
Railways Corporation Concession– IL&FS involvement spanned across traffic forecasting and structuring
the project.– RITES has won the bid and further involvement of IL&FS in the project
is envisaged
• Mozambique Railways Privatization – IL&FS undertook a study, funded by the World Bank, for looking at
privatization of Mozambique Railways.– The study aimed at establishing financial feasibility for concessioning of
Mozambique Railways on BOT basis
Township: Residential Township at Ranchi for the 34th National Games
• Government of Jharkhand envisaged the
development & construction of a township for 34th
National Games, 2007 to be held at Ranchi.
• The housing complex shall be
– self-contained
– sustainable
– environment friendly
– equipped with quality infrastructure
• The project will create suitable accommodation to
house 6000 sportspersons/participants and in the
process provide a self contained residential
township for the new capital of Jharkhand.
• IIDC undertook Project Development and selected
Nagarjuna Construction Co. as the Private Sector
Developer in Jan 2006
Tourism: Integrated Convention Center Complex
• Location: Hyderbad • Project Size: Rs 3080 mn• The Residential Project:
– A residential community encompassed around a 18 hole world-class golf course
• The Convention Project:– A 3,000+ person capacity convention
hall that also doubles up as an exhibition hall with a 300 room business hotel
IIDC partnered with APIIC to identify developer, Emaar Properties PJSC, Dubai and Collaboration Agreement being signed.
Associating with IIDC
• Joint Venture (JV)/ Project Development Company (PDC), by contributing equity
• Project Development and Promotion Partnership (PDPP), an institutional arrangement
• Stand-alone Assignments or MoU’s- Consultancy or fee based assignments
Interested Parties including the Central/ State/Local Government and its Agencies and the Private Sector can associate with IIDC using following arrangements:
MoU= Memorandum of Understanding
Our Presence Ahmedabad
301A, Dev Arc, Nr. Fun Republic,S.G. Highway, Ahmedabad 380015Tel.: 079-4020 6200Fax: 079-4020 6299
Bangalore
Al – Latheef, 1st Floor, No. 2,
Union Street Off Infantry Road
Bangalore 560 001
Tel.: 080-4034 3333
Fax: 080-4034 3310
Chandigarh SCO 210-211, 3rd Floor Sector 34-A Chandigarh - 160 022 Tel.: 0172- 4636389, 4636387 Fax: 0172 - 4621388
Gurgaon (Corporate Office) 2nd Floor, Ambience Corporate Tower Ambience Mall, Ambience Island, National Highway – 8, Gurgaon, Haryana – 122 001 Tel.: +91-124-471 6300 Fax: +91-124-471 6351 / 67 Guwahati
4th Floor, Jupitara Palace, G S RoadOpp. Dona Planet, Guwahati 781005, AssamTel.: 0361-2467688 / 2131631
Fax: 0361-2467689
Hyderabad
502 Apurupa Classic, Next to
Global Hospital, Banjara Hills
Road No. 1, Hyderabad 500034
Tel.: 040-6610 1275
Fax: 040-2331 0282
Kolkata
Constantia, 3rd Floor, 11
Dr. U.N. Brahmachari Street,
Kolkata 700017
Tel.: 033-2280 7358-63
Fax: 033-2283 5002
Lucknow (Camp Office)
SP-24, Sector – C, Chetan Vihar,
Aliganj, Lucknow - 226024
Tel.: 0522-4080013
Fax: 0522-4080016
Mumbai
IL&FS Financial Centre, C-22, G Block,
Bandra Kurla Complex,
Bandra East, Mumbai 400051
Tel.: 022-2653 3333
Fax: 022-2653 3038, 2659 3826
Patna
4B. S.K.Puri, Patna 800001
(Beside Of Canara Bank)
Tel.: 0612-254 0250
Telefax: 0612-254 0173