SlideShare uma empresa Scribd logo
1 de 33
Infrastructure Finance D. C. Pai Prof. PIMSR
IMPORTANCE OF INFRASTRUCTURE ,[object Object],[object Object]
IMPORTANCE OF INFRASTRUCTURE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
DEFINITION OF INFRASTRUCTURE ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Categories of Projects ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Methods of Financing CapEx ,[object Object],[object Object]
Traditional Financing ,[object Object]
What is Project Financing ,[object Object],[object Object]
Project Finance ,[object Object],[object Object],[object Object],[object Object],[object Object]
[object Object],[object Object],[object Object],[object Object],How is infrastructure lending different from other project lending?
Project Finance Vs. Corporate Finance Sponsors Cost Overrun Support : 100% Sponsors Cost Overrun Support : Limited DSRA: Nil DSRA: 6months Debt: Equity- 50:50 to 66:33 Debt: Equity- 70:30 to 80:20 Recourse Limited to all borrower assets Recourse limited to cash flows Previous Track Record: Yes Previous Track Record: Nil Corporate Finance (Balance Sheet Funding) Project Finance
Types of Project Financing ,[object Object],[object Object],[object Object],[object Object]
Why a special purpose entity? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Concessionary Financing Instruments ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Cost of Various Financing Instruments Maturity 5 – 12 years, Typical Cost 11 -13% 50 – 80% Senior Debt 4 Maturity 7 – 15 years Typical Cost : 12 – 15% 0 -20% Subordinate Debt 3 14 – 20% Equity IRR 15% - 30% Equity 2 Nil 0% - 20% Grants (if applicable) 1 Costs/Tenor Percentage of Project Cost Instrument S.No.
Project Appraisal   ,[object Object],[object Object],[object Object]
PROJECT APPRAISAL PROCESS ,[object Object],[object Object],[object Object],[object Object],[object Object]
Stages in Project ,[object Object],[object Object],[object Object],[object Object]
Time Distribution of Project Effort Level of effort (%) Conception Selection Planning & Implementation Evaluation &  Termination or Transfer Stages of Project Development Construction & Operational Abandonment
Stages in Financing ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Issues related to appraisal ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Issues….. ,[object Object],[object Object],[object Object],[object Object],[object Object]
PROJECT APPRAISAL PROCESS ,[object Object],[object Object],[object Object],[object Object],[object Object]
Pre Sanction Checks ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Credit Investigation ,[object Object],[object Object],[object Object],[object Object],[object Object]
PROMOTER EVALUATION ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
STRUCTURAL/CONTRACTUAL FRAMEWORK
Concession Agreement ,[object Object]
Project Contracts ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Financing Framework ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Financing Framework ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Project Structure ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],Successful project structure entails a win-win situation for all Project SPV Sovereign Sponsors Suppliers Guarantor EPC Lenders O&M Off takers
STRUCTURAL / CONTRACTUAL FRAMEWORK ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]

Mais conteúdo relacionado

Mais procurados

Financial and economic analysis
Financial and economic analysisFinancial and economic analysis
Financial and economic analysisSiladitya Bag
 
P3 Fundamentals Seminar - P3 Agreements
P3 Fundamentals Seminar - P3 AgreementsP3 Fundamentals Seminar - P3 Agreements
P3 Fundamentals Seminar - P3 AgreementsStephanie Kam
 
Understanding "BOT" projects
Understanding "BOT" projectsUnderstanding "BOT" projects
Understanding "BOT" projectsPrashanth Ravada
 
project appraisal
project appraisal project appraisal
project appraisal Dronak Sahu
 
DETAILED PROJECT REPORT: STRUCTURE AND SCHEMES
DETAILED PROJECT REPORT: STRUCTURE AND SCHEMESDETAILED PROJECT REPORT: STRUCTURE AND SCHEMES
DETAILED PROJECT REPORT: STRUCTURE AND SCHEMESNavya Jayakumar
 
Build,Operate,Own,Transfer (BOOT)
Build,Operate,Own,Transfer (BOOT)Build,Operate,Own,Transfer (BOOT)
Build,Operate,Own,Transfer (BOOT)Mohd. Ikhwan
 
Project formulation and appraisal
Project formulation and appraisalProject formulation and appraisal
Project formulation and appraisalSurya C D
 
Presentation on project appraisal
Presentation on project appraisalPresentation on project appraisal
Presentation on project appraisaljeni kayastha
 
Financial appraisal
Financial appraisalFinancial appraisal
Financial appraisalDhwani Shah
 
Sources of project financing
Sources of project financingSources of project financing
Sources of project financingNeetu Yadav
 
Project Financing
Project FinancingProject Financing
Project Financingkcbradley
 
Detailed project reports
Detailed project reportsDetailed project reports
Detailed project reportsAKANSHA GURELE
 
Financing of the Project
Financing of the ProjectFinancing of the Project
Financing of the ProjectDilip Pandey
 
Project appraisal and its techniques
Project appraisal and its techniquesProject appraisal and its techniques
Project appraisal and its techniquesAksharaMahesh
 

Mais procurados (20)

Financial and economic analysis
Financial and economic analysisFinancial and economic analysis
Financial and economic analysis
 
P3 Fundamentals Seminar - P3 Agreements
P3 Fundamentals Seminar - P3 AgreementsP3 Fundamentals Seminar - P3 Agreements
P3 Fundamentals Seminar - P3 Agreements
 
Project finance
Project financeProject finance
Project finance
 
Project finance
Project financeProject finance
Project finance
 
Understanding "BOT" projects
Understanding "BOT" projectsUnderstanding "BOT" projects
Understanding "BOT" projects
 
project appraisal
project appraisal project appraisal
project appraisal
 
DETAILED PROJECT REPORT: STRUCTURE AND SCHEMES
DETAILED PROJECT REPORT: STRUCTURE AND SCHEMESDETAILED PROJECT REPORT: STRUCTURE AND SCHEMES
DETAILED PROJECT REPORT: STRUCTURE AND SCHEMES
 
Build,Operate,Own,Transfer (BOOT)
Build,Operate,Own,Transfer (BOOT)Build,Operate,Own,Transfer (BOOT)
Build,Operate,Own,Transfer (BOOT)
 
Project formulation and appraisal
Project formulation and appraisalProject formulation and appraisal
Project formulation and appraisal
 
Presentation on project appraisal
Presentation on project appraisalPresentation on project appraisal
Presentation on project appraisal
 
Project financing
Project financingProject financing
Project financing
 
Financial appraisal
Financial appraisalFinancial appraisal
Financial appraisal
 
Financial appraisal techniques
Financial appraisal techniquesFinancial appraisal techniques
Financial appraisal techniques
 
Project financing
Project financingProject financing
Project financing
 
Project cash flow
Project cash flowProject cash flow
Project cash flow
 
Sources of project financing
Sources of project financingSources of project financing
Sources of project financing
 
Project Financing
Project FinancingProject Financing
Project Financing
 
Detailed project reports
Detailed project reportsDetailed project reports
Detailed project reports
 
Financing of the Project
Financing of the ProjectFinancing of the Project
Financing of the Project
 
Project appraisal and its techniques
Project appraisal and its techniquesProject appraisal and its techniques
Project appraisal and its techniques
 

Destaque

Infrastructure financing-india
Infrastructure financing-indiaInfrastructure financing-india
Infrastructure financing-indiaMahesh Gujrathi
 
Challenges of Infrastructure in India
Challenges of Infrastructure in IndiaChallenges of Infrastructure in India
Challenges of Infrastructure in IndiaRohan Bharaj
 
Infrastructure finance, MOOC Digital Artificat
Infrastructure finance, MOOC Digital ArtificatInfrastructure finance, MOOC Digital Artificat
Infrastructure finance, MOOC Digital ArtificatDr. Alma Pekmezovic
 
Infrastructure Financing
Infrastructure FinancingInfrastructure Financing
Infrastructure FinancingResurgent India
 
Infrastructure Finance Fundamentals (ADN Capital Ventures)
Infrastructure Finance Fundamentals (ADN Capital Ventures)Infrastructure Finance Fundamentals (ADN Capital Ventures)
Infrastructure Finance Fundamentals (ADN Capital Ventures)Adam Nicolopoulos
 
Infrastructure Finance – Building for Growth - Funding of Infrastructure Proj...
Infrastructure Finance – Building for Growth - Funding of Infrastructure Proj...Infrastructure Finance – Building for Growth - Funding of Infrastructure Proj...
Infrastructure Finance – Building for Growth - Funding of Infrastructure Proj...Resurgent India
 
Business Research Strategies - The Business Plan
Business Research Strategies - The Business PlanBusiness Research Strategies - The Business Plan
Business Research Strategies - The Business PlanOpal Berry
 
Financing Issues in Infrastructure, Projects Management
Financing Issues in Infrastructure, Projects ManagementFinancing Issues in Infrastructure, Projects Management
Financing Issues in Infrastructure, Projects ManagementGAURAV. H .TANDON
 
Infrastructure development in india
Infrastructure development in indiaInfrastructure development in india
Infrastructure development in indiaMukesh Khinchi
 
Document Finished
Document FinishedDocument Finished
Document FinishedGregg Boyd
 
Biomimicry
BiomimicryBiomimicry
BiomimicryNUS SDE
 
Siom Corporate Presentation 2011
Siom Corporate Presentation 2011 Siom Corporate Presentation 2011
Siom Corporate Presentation 2011 Rahul Chaudhary
 
CCL Brochure 2015
CCL Brochure 2015CCL Brochure 2015
CCL Brochure 2015Mike Taylor
 
Developing Brownfield Sites - Mike Taylor 220216
Developing Brownfield Sites - Mike Taylor 220216Developing Brownfield Sites - Mike Taylor 220216
Developing Brownfield Sites - Mike Taylor 220216Mike Taylor
 
PlaceEXPO Future Cities: Mike Horner, Muse Developments
PlaceEXPO Future Cities: Mike Horner, Muse DevelopmentsPlaceEXPO Future Cities: Mike Horner, Muse Developments
PlaceEXPO Future Cities: Mike Horner, Muse DevelopmentsPlace North West
 
Building future learning spaces by Dr Bader Aloliwi
Building future learning spaces by Dr Bader AloliwiBuilding future learning spaces by Dr Bader Aloliwi
Building future learning spaces by Dr Bader Aloliwialoliwi
 
Solar Photovoltaic By Zodiac Energy Private Limited, Gujarat
Solar Photovoltaic By Zodiac Energy Private Limited, GujaratSolar Photovoltaic By Zodiac Energy Private Limited, Gujarat
Solar Photovoltaic By Zodiac Energy Private Limited, GujaratIndiaMART InterMESH Limited
 

Destaque (20)

Infrastructure financing-india
Infrastructure financing-indiaInfrastructure financing-india
Infrastructure financing-india
 
Challenges of Infrastructure in India
Challenges of Infrastructure in IndiaChallenges of Infrastructure in India
Challenges of Infrastructure in India
 
Infrastructure finance, MOOC Digital Artificat
Infrastructure finance, MOOC Digital ArtificatInfrastructure finance, MOOC Digital Artificat
Infrastructure finance, MOOC Digital Artificat
 
Infrastructure Financing
Infrastructure FinancingInfrastructure Financing
Infrastructure Financing
 
Infrastructure Finance Fundamentals (ADN Capital Ventures)
Infrastructure Finance Fundamentals (ADN Capital Ventures)Infrastructure Finance Fundamentals (ADN Capital Ventures)
Infrastructure Finance Fundamentals (ADN Capital Ventures)
 
Iifcl ppt
Iifcl pptIifcl ppt
Iifcl ppt
 
Infrastructure Finance – Building for Growth - Funding of Infrastructure Proj...
Infrastructure Finance – Building for Growth - Funding of Infrastructure Proj...Infrastructure Finance – Building for Growth - Funding of Infrastructure Proj...
Infrastructure Finance – Building for Growth - Funding of Infrastructure Proj...
 
Business Viability
Business ViabilityBusiness Viability
Business Viability
 
Business Research Strategies - The Business Plan
Business Research Strategies - The Business PlanBusiness Research Strategies - The Business Plan
Business Research Strategies - The Business Plan
 
Financing Issues in Infrastructure, Projects Management
Financing Issues in Infrastructure, Projects ManagementFinancing Issues in Infrastructure, Projects Management
Financing Issues in Infrastructure, Projects Management
 
Infrastructure development in india
Infrastructure development in indiaInfrastructure development in india
Infrastructure development in india
 
Document Finished
Document FinishedDocument Finished
Document Finished
 
Biomimicry
BiomimicryBiomimicry
Biomimicry
 
Siom Corporate Presentation 2011
Siom Corporate Presentation 2011 Siom Corporate Presentation 2011
Siom Corporate Presentation 2011
 
CCL Brochure 2015
CCL Brochure 2015CCL Brochure 2015
CCL Brochure 2015
 
Developing Brownfield Sites - Mike Taylor 220216
Developing Brownfield Sites - Mike Taylor 220216Developing Brownfield Sites - Mike Taylor 220216
Developing Brownfield Sites - Mike Taylor 220216
 
PlaceEXPO Future Cities: Mike Horner, Muse Developments
PlaceEXPO Future Cities: Mike Horner, Muse DevelopmentsPlaceEXPO Future Cities: Mike Horner, Muse Developments
PlaceEXPO Future Cities: Mike Horner, Muse Developments
 
Building future learning spaces by Dr Bader Aloliwi
Building future learning spaces by Dr Bader AloliwiBuilding future learning spaces by Dr Bader Aloliwi
Building future learning spaces by Dr Bader Aloliwi
 
Solar Photovoltaic By Zodiac Energy Private Limited, Gujarat
Solar Photovoltaic By Zodiac Energy Private Limited, GujaratSolar Photovoltaic By Zodiac Energy Private Limited, Gujarat
Solar Photovoltaic By Zodiac Energy Private Limited, Gujarat
 
Infrastructure projects
Infrastructure projectsInfrastructure projects
Infrastructure projects
 

Semelhante a Infrastructure finance nibm

Infrastruture Financing 2.pptx
Infrastruture Financing 2.pptxInfrastruture Financing 2.pptx
Infrastruture Financing 2.pptxssuserc606c7
 
Project finance emu
Project finance emuProject finance emu
Project finance emubejoylinp
 
Presentationon infrastructure project_finance
Presentationon infrastructure project_financePresentationon infrastructure project_finance
Presentationon infrastructure project_financesabinji
 
Presentationon infrastructure project_finance
Presentationon infrastructure project_financePresentationon infrastructure project_finance
Presentationon infrastructure project_financesabinji
 
Power plant project finance overview
Power plant project finance overviewPower plant project finance overview
Power plant project finance overviewJohn Coletti
 
Mobilizing Private Sector Investment into GMS Infrastructure
Mobilizing Private Sector Investment into GMS InfrastructureMobilizing Private Sector Investment into GMS Infrastructure
Mobilizing Private Sector Investment into GMS InfrastructurePratish Halady
 
Credit appraisal and evaluation
Credit appraisal and evaluationCredit appraisal and evaluation
Credit appraisal and evaluationVAIBHAV SINHA
 
Presentation1 final ppt...........
Presentation1 final ppt...........Presentation1 final ppt...........
Presentation1 final ppt...........Apeksha Bhatkar
 
2019 ASEAN PPP Summit MPG Opening
2019 ASEAN PPP Summit MPG Opening2019 ASEAN PPP Summit MPG Opening
2019 ASEAN PPP Summit MPG OpeningLuca Bernardinetti
 
World Finance Review Sep_2014 Kazakhstan
World Finance Review Sep_2014 KazakhstanWorld Finance Review Sep_2014 Kazakhstan
World Finance Review Sep_2014 KazakhstanRobert Jutson
 
Project financing(sjain ventures)
Project financing(sjain ventures)Project financing(sjain ventures)
Project financing(sjain ventures)Vijay Sharma
 
Pm0010 introduction to project management
Pm0010   introduction to project managementPm0010   introduction to project management
Pm0010 introduction to project managementsmumbahelp
 
#Managing Project Financial Auditing# By SN Panigrahi
#Managing Project Financial Auditing# By SN Panigrahi#Managing Project Financial Auditing# By SN Panigrahi
#Managing Project Financial Auditing# By SN PanigrahiSN Panigrahi, PMP
 
Dc summit presentation 170209
Dc summit presentation 170209Dc summit presentation 170209
Dc summit presentation 170209OliviaModisakeng
 

Semelhante a Infrastructure finance nibm (20)

Infrastruture Financing 2.pptx
Infrastruture Financing 2.pptxInfrastruture Financing 2.pptx
Infrastruture Financing 2.pptx
 
Project finance emu
Project finance emuProject finance emu
Project finance emu
 
UNIT- 4.pptx
UNIT- 4.pptxUNIT- 4.pptx
UNIT- 4.pptx
 
Presentationon infrastructure project_finance
Presentationon infrastructure project_financePresentationon infrastructure project_finance
Presentationon infrastructure project_finance
 
PPP in Modal Transport
PPP in Modal TransportPPP in Modal Transport
PPP in Modal Transport
 
Presentationon infrastructure project_finance
Presentationon infrastructure project_financePresentationon infrastructure project_finance
Presentationon infrastructure project_finance
 
Power plant project finance overview
Power plant project finance overviewPower plant project finance overview
Power plant project finance overview
 
Mobilizing Private Sector Investment into GMS Infrastructure
Mobilizing Private Sector Investment into GMS InfrastructureMobilizing Private Sector Investment into GMS Infrastructure
Mobilizing Private Sector Investment into GMS Infrastructure
 
Credit appraisal and evaluation
Credit appraisal and evaluationCredit appraisal and evaluation
Credit appraisal and evaluation
 
Risk Management
Risk ManagementRisk Management
Risk Management
 
Presentation1 final ppt...........
Presentation1 final ppt...........Presentation1 final ppt...........
Presentation1 final ppt...........
 
2019 ASEAN PPP Summit MPG Opening
2019 ASEAN PPP Summit MPG Opening2019 ASEAN PPP Summit MPG Opening
2019 ASEAN PPP Summit MPG Opening
 
World Finance Review Sep_2014 Kazakhstan
World Finance Review Sep_2014 KazakhstanWorld Finance Review Sep_2014 Kazakhstan
World Finance Review Sep_2014 Kazakhstan
 
Project Finance
Project FinanceProject Finance
Project Finance
 
Project financing(sjain ventures)
Project financing(sjain ventures)Project financing(sjain ventures)
Project financing(sjain ventures)
 
Financing CDM Projects
Financing CDM ProjectsFinancing CDM Projects
Financing CDM Projects
 
ADN - Role of Sustainability by Adam Nicolopoulos at GIB Summit
ADN - Role of Sustainability by Adam Nicolopoulos at GIB SummitADN - Role of Sustainability by Adam Nicolopoulos at GIB Summit
ADN - Role of Sustainability by Adam Nicolopoulos at GIB Summit
 
Pm0010 introduction to project management
Pm0010   introduction to project managementPm0010   introduction to project management
Pm0010 introduction to project management
 
#Managing Project Financial Auditing# By SN Panigrahi
#Managing Project Financial Auditing# By SN Panigrahi#Managing Project Financial Auditing# By SN Panigrahi
#Managing Project Financial Auditing# By SN Panigrahi
 
Dc summit presentation 170209
Dc summit presentation 170209Dc summit presentation 170209
Dc summit presentation 170209
 

Mais de Akshay Samant

International Marketing Distribution-By Akshay Samant
International Marketing Distribution-By Akshay SamantInternational Marketing Distribution-By Akshay Samant
International Marketing Distribution-By Akshay SamantAkshay Samant
 
Business in asia pacific-By Akshay Samant
Business in asia pacific-By Akshay SamantBusiness in asia pacific-By Akshay Samant
Business in asia pacific-By Akshay SamantAkshay Samant
 
Role of world bank in developing countries--By Akshay Samant
Role of world bank in developing countries--By Akshay SamantRole of world bank in developing countries--By Akshay Samant
Role of world bank in developing countries--By Akshay SamantAkshay Samant
 
International accounting standards--By Akshay Samant
International accounting standards--By Akshay SamantInternational accounting standards--By Akshay Samant
International accounting standards--By Akshay SamantAkshay Samant
 
Monetary & credit policy
Monetary & credit policyMonetary & credit policy
Monetary & credit policyAkshay Samant
 
National foreign trade policy
National foreign trade policyNational foreign trade policy
National foreign trade policyAkshay Samant
 
Busi potential in eu
Busi potential in euBusi potential in eu
Busi potential in euAkshay Samant
 
Busi potential africa
Busi potential africaBusi potential africa
Busi potential africaAkshay Samant
 
Investing in stock markets
Investing in stock marketsInvesting in stock markets
Investing in stock marketsAkshay Samant
 
Written communication
Written communicationWritten communication
Written communicationAkshay Samant
 
Busi potential in lac
Busi potential in lacBusi potential in lac
Busi potential in lacAkshay Samant
 
Identifying and defining a research problem
Identifying and defining a research problemIdentifying and defining a research problem
Identifying and defining a research problemAkshay Samant
 

Mais de Akshay Samant (20)

International Marketing Distribution-By Akshay Samant
International Marketing Distribution-By Akshay SamantInternational Marketing Distribution-By Akshay Samant
International Marketing Distribution-By Akshay Samant
 
Business in asia pacific-By Akshay Samant
Business in asia pacific-By Akshay SamantBusiness in asia pacific-By Akshay Samant
Business in asia pacific-By Akshay Samant
 
Role of world bank in developing countries--By Akshay Samant
Role of world bank in developing countries--By Akshay SamantRole of world bank in developing countries--By Akshay Samant
Role of world bank in developing countries--By Akshay Samant
 
International accounting standards--By Akshay Samant
International accounting standards--By Akshay SamantInternational accounting standards--By Akshay Samant
International accounting standards--By Akshay Samant
 
Monetary & credit policy
Monetary & credit policyMonetary & credit policy
Monetary & credit policy
 
Office auto
Office autoOffice auto
Office auto
 
National foreign trade policy
National foreign trade policyNational foreign trade policy
National foreign trade policy
 
Mutual funds
Mutual fundsMutual funds
Mutual funds
 
01 economy
01 economy01 economy
01 economy
 
Busi potential in eu
Busi potential in euBusi potential in eu
Busi potential in eu
 
Busi potential africa
Busi potential africaBusi potential africa
Busi potential africa
 
Gulf coop coun
Gulf coop counGulf coop coun
Gulf coop coun
 
Investing in stock markets
Investing in stock marketsInvesting in stock markets
Investing in stock markets
 
World bankibrd
World bankibrdWorld bankibrd
World bankibrd
 
Written communication
Written communicationWritten communication
Written communication
 
Biodiesel jatropha
Biodiesel jatrophaBiodiesel jatropha
Biodiesel jatropha
 
Busi potential in lac
Busi potential in lacBusi potential in lac
Busi potential in lac
 
Incotermsfinal
IncotermsfinalIncotermsfinal
Incotermsfinal
 
Ifc final
Ifc finalIfc final
Ifc final
 
Identifying and defining a research problem
Identifying and defining a research problemIdentifying and defining a research problem
Identifying and defining a research problem
 

Último

Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...Amil baba
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Devarsh Vakil
 
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...beulahfernandes8
 
Liquidity Decisions in Financial management
Liquidity Decisions in Financial managementLiquidity Decisions in Financial management
Liquidity Decisions in Financial managementshrutisingh143670
 
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Amil baba
 
Unveiling Business Expansion Trends in 2024
Unveiling Business Expansion Trends in 2024Unveiling Business Expansion Trends in 2024
Unveiling Business Expansion Trends in 2024Champak Jhagmag
 
Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward
 
Role of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptxRole of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptxNarayaniTripathi2
 
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...Amil baba
 
Banking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptxBanking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptxANTHONYAKINYOSOYE1
 
Unit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdfUnit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdfSatyamSinghParihar2
 
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...Amil baba
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppttadegebreyesus
 
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Amil baba
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...AES International
 
2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptx2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptxHenry Tapper
 
cost of capital questions financial management
cost of capital questions financial managementcost of capital questions financial management
cost of capital questions financial managementtanmayarora23
 
Guard Your Investments- Corporate Defaults Alarm.pdf
Guard Your Investments- Corporate Defaults Alarm.pdfGuard Your Investments- Corporate Defaults Alarm.pdf
Guard Your Investments- Corporate Defaults Alarm.pdfJasper Colin
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGeckoCoinGecko
 

Último (20)

Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024
 
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
 
Liquidity Decisions in Financial management
Liquidity Decisions in Financial managementLiquidity Decisions in Financial management
Liquidity Decisions in Financial management
 
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
Uae-NO1 Pakistani Amil Baba Real Amil baba In Pakistan Najoomi Baba in Pakist...
 
Unveiling Business Expansion Trends in 2024
Unveiling Business Expansion Trends in 2024Unveiling Business Expansion Trends in 2024
Unveiling Business Expansion Trends in 2024
 
Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024Money Forward Integrated Report “Forward Map” 2024
Money Forward Integrated Report “Forward Map” 2024
 
Role of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptxRole of Information and technology in banking and finance .pptx
Role of Information and technology in banking and finance .pptx
 
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth AdvisorsQ1 2024 Newsletter | Financial Synergies Wealth Advisors
Q1 2024 Newsletter | Financial Synergies Wealth Advisors
 
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
NO1 Certified Black Magic Specialist Expert In Bahawalpur, Sargodha, Sialkot,...
 
Banking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptxBanking: Commercial and Central Banking.pptx
Banking: Commercial and Central Banking.pptx
 
Unit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdfUnit 4.1 financial markets operations .pdf
Unit 4.1 financial markets operations .pdf
 
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
NO1 Certified Black Magic Removal in Uk kala jadu Specialist kala jadu for Lo...
 
Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppt
 
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
Uae-NO1 Black Magic Specialist In Lahore Black magic In Pakistan Kala Ilam Ex...
 
The AES Investment Code - the go-to counsel for the most well-informed, wise...
The AES Investment Code -  the go-to counsel for the most well-informed, wise...The AES Investment Code -  the go-to counsel for the most well-informed, wise...
The AES Investment Code - the go-to counsel for the most well-informed, wise...
 
2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptx2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptx
 
cost of capital questions financial management
cost of capital questions financial managementcost of capital questions financial management
cost of capital questions financial management
 
Guard Your Investments- Corporate Defaults Alarm.pdf
Guard Your Investments- Corporate Defaults Alarm.pdfGuard Your Investments- Corporate Defaults Alarm.pdf
Guard Your Investments- Corporate Defaults Alarm.pdf
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko
 

Infrastructure finance nibm

  • 1. Infrastructure Finance D. C. Pai Prof. PIMSR
  • 2.
  • 3.
  • 4.
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11. Project Finance Vs. Corporate Finance Sponsors Cost Overrun Support : 100% Sponsors Cost Overrun Support : Limited DSRA: Nil DSRA: 6months Debt: Equity- 50:50 to 66:33 Debt: Equity- 70:30 to 80:20 Recourse Limited to all borrower assets Recourse limited to cash flows Previous Track Record: Yes Previous Track Record: Nil Corporate Finance (Balance Sheet Funding) Project Finance
  • 12.
  • 13.
  • 14.
  • 15. Cost of Various Financing Instruments Maturity 5 – 12 years, Typical Cost 11 -13% 50 – 80% Senior Debt 4 Maturity 7 – 15 years Typical Cost : 12 – 15% 0 -20% Subordinate Debt 3 14 – 20% Equity IRR 15% - 30% Equity 2 Nil 0% - 20% Grants (if applicable) 1 Costs/Tenor Percentage of Project Cost Instrument S.No.
  • 16.
  • 17.
  • 18.
  • 19. Time Distribution of Project Effort Level of effort (%) Conception Selection Planning & Implementation Evaluation & Termination or Transfer Stages of Project Development Construction & Operational Abandonment
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 28.
  • 29.
  • 30.
  • 31.
  • 32.
  • 33.