English

article Article
Stakeholder and Community Engagement Toolkits

Find toolkits on effective stakeholder and community engagementCommunity-Driven Development Toolkit: Governance and Accountability Dimensions -  The Toolkit is organized into a Guidance Note and…

article Article
Structure - Primer on Project Development Funds

A PDF’s structure is a key determinant of its effectiveness and ability to ensure the quality and efficiency of project preparation. However, PDFs function within and alongside the broader PPP…

article Article
Executive Summary - Primer on Project Development Funds

Executive SummaryProject development funds (PDFs) are dedicated vehicles that governments establish to systematically support the preparation of public-private partnerships (PPPs). The lack of…

article Article
Introduction - Primer on Project Development Funds

Introduction Governments are constrained in their ability to invest sufficiently in infrastructure development. Governments have long been unable to meet infrastructure investment needs due to…

article Article
Motivations and Experience - Primer on Project Development Funds

Constrained financial resources are a key impediment to the preparation of bankable projects and the overall success of PPP programs.1 The allocation of additional, dedicated funding to PPP project…

article Article
Funding - Primer on Project Development Funds

PDFs are often thought of primarily as a funding source. Although it is clear that PDFs are much more than this, decisions related to how PDFs are funded, and the quantum of funds they are able to…

article Article
Lessons for Practitioners - Primer on Project Development Funds

There is no one “right” PDF design, only a PDF design which best supports project preparation in a particular jurisdiction. PDFs take a wide range of forms, whether an independent legal entity with…

article Article
Operational Considerations - Primer on Project Development Funds

Once critical design decisions are taken around how a PDF is structured, how it is funded, and the nature of projects it will support, there remain a wide range of PDF operational issues that need to…

article Article
List of Government PDFs (Annex) - Primer on Project Development Funds

CountryRelevant FundTypeBrazilSupport Fund for Structuring and Development of Concession and PPP Projects (FEP) Project Development Division (AEP), including the Project Structuring Fund and the…

article Article
Project Selection - Primer on Project Development Funds

A key motivation of PDFs, as noted in Chapter 2, is to improve the quality and efficiency of PPP project preparation through the provision of PPP advisory services. Decisions related to the nature of…

Library Library
World Bank Port Reform Toolkit

Ports are undergoing constant transformation, induced by changes in the global economy, technology, or the environment. Port reform is influenced by factors that include aspirations for change…

Library Library
Water Utility Creditworthiness Course

This Water Utility Creditworthiness Course aims to:Identify the fundamental actions that water utilities and governments need to take to enhance creditworthinessUnderstand the importance of tariffs…

Library Library
NHAI's Historic InvIT Monetization: A New Era for India's Road Infrastructure?

India is accelerating infrastructure investment through mechanisms like Infrastructure Investment Trusts (InvITs), enabling asset monetization without relinquishing ownership. The National…

Library Library
India Ratings Rates National Highways Infra Trust’s Proposed Zero-Coupon Bond ‘IND AAA’/Stable; Affirms Existing Ratings

NHIT, sponsored by NHAI, manages a diversified InvIT portfolio of 13 operational toll road assets spanning over 2,500 lane km across nine Indian states. As of FY24, InvIT fundraising exceeds ₹26,000…

Library Library
National Highways Infra Trust

National Highways Infra Trust (NHIT), sponsored by the National Highways Authority of India (NHAI), was established in 2020 as an InvIT under SEBI regulations. The Trust is managed by National…

Library Library
InfraCredit - Unlocking Long Term Infrastructure Finance in Nigeria

Nigeria requires over US$3 trillion in infrastructure investment over the next 30 years. InfraCredit, established in 2017 by GuarantCo and the Nigerian Sovereign Investment Authority (NSIA),…

Library Library
Jasa Marga (Persero) TBK PT

PT Jasa Marga (Persero) Tbk is Indonesia’s leading toll road developer and operator, engaged in planning, construction, operation, and maintenance of toll roads. The company manages…

Library Library
INA Interested in Acquiring 35% Shares in Jasamarga Transjawa Toll Road

Indonesia Investment Authority (INA) is in talks to acquire a 35% stake in PT Jasamarga Transjawa Tol (JTT), operator of the 676 km Trans-Java toll network, representing 56% of Jasa Marga Group’s…

Library Library
Contract Signed for the Sale of 49% of Oman’s Electricity Transmission Network

On December 15, 2019, Oman’s Nama Holding signed an agreement to sell a 49% stake in Oman Electricity Transmission Company (OETC) to State Grid International Development Ltd. (SGID), a subsidiary of…

Library Library
Government Approves Air India Disinvestment Tatasons’ SPV – Talace Pvt Ltd - Wins Bid for Air India

On 8 October 2021, India’s Cabinet approved the sale of 100% equity in Air India to Talace Pvt Ltd, a Tata Sons subsidiary, for an Enterprise Value of ₹18,000 crore. The bid includes Air India’s…

Library Library
Road Projects under TOT Model

As of July 2019, India’s Ministry of Road Transport & Highways identified approximately 6,400 km of national highways for monetization under the Toll Operate Transfer (TOT) model. TOT Bundle…

Library Library
Ministry of Road Transport and Highways

The Website of Ministry of Road Transport and Highways. An apex organisation under the Central Government, is entrusted with the task of formulating and administering, in consultation with other…

Library Library
Indian Airports Performing Better in Private Hands: NITI Aayog

The National Highways Authority of India (NHAI) implements the Toll Operate Transfer (TOT) model as a mechanism for monetizing publicly funded national highways. Through this model, the right to…

Library Library
Blended Finance for Climate Investments in India

The Blended Finance for Climate Investments in India report, published by the International Finance Corporation (IFC) on March 13, 2024, explores the use of blended finance—mixing public and private…