Project Advisory Cell
IPL works with ULBs/Development Authorities in helping them formulate their infrastructure development plans and handhold them till the implementation by offering to operate dedicated ‘Project Advisory Cell’. Typical activities performed by the team as part of the cell involves:
- Identification & prioritisation of projects for implementation
- Appraising projects and assessing credit worthiness of ULB’s
- Developing bankable projects and project structuring on PPP mode thereby garnering private investments
- Formulation of Financial Strategy for implementing Infrastructure projects on its own
- Appointment of technical consultants for preparation of Detailed Project Reports (DPR)
- Assisting in Resource mobilisation and Capacity Building
Assessment of Life Cycle Cost of Assets
Our team of consultants assist public authorities in understanding, evaluating and building models for evaluating the asset’s cost over the full lifecycle. This helps in evaluating the various alternative modes of developing an assets and in proper phasing the development of that assets. This ensures optimization of cost and maximization of the benefits from the project.
Assessment of Demand & Financial Feasibility
Demand assessment is the most crucial activity in project planning stage for an Infrastructure project. Correct assessment of the quantum of infrastructure is critical to preparing a project proposal that shall meet the demand for the years to come. Demand assessment for Infrastructure projects are typically done with a 15-20 year horizon and significant deviation from the projections lead to risk of creating idle capacity or the infrastructure reaching its peak utilisation sooner than anticipated, and leading to decline in service levels.
Our team of consultants adopt multiple approaches for assessing demand through application of statistical tools as well as by in depth benchmarking of comparable infrastructure developments, which, enables the team in forecasting the future demand and thereby aid the infrastructure development process.
The demand assessment process is complemented by conducting financial feasibility studies through which, our team of consultants assist and advise the client in formulating a holistic project proposal that shall not only meet the requirements of the citizens but also economically viable.
Assessment of Project’s Viability for PPP
The success of a project to be developed on PPP basis depends upon how well the project is structured and defined. Our team of consultants assist the Public Authority in evaluating the project for its execution requirements, regulatory readiness, market adequacy, proper optimization & risk assessment, organizational capabilities, and attractiveness of project to raise adequate resources. This ensure that the project is ready for the next stage of development i.e. to bid out for execution by a Private Player.
Transaction Advisory & Bid Process Management
IPL team assists implementation agencies in running a transparent bidding process involving preparation of pitch books (PIM, RFQ/RFP documents), interacting with prospective investors to encourage participation and drafting contract documents in discussion with legal cell of the clients and legal experts.
Project Appraisal and Syndication
The implementation of the Smart City mission by Government of India is expected to see the incorporation of city level Special Purpose Vehicles (SPV) which shall be responsible for planning, appraising, approving, releasing funds, implementation, manage, operate, monitor and evaluating the Smart City development projects.
IPL shall extend its Fund Raising services to these newly formed SPV’s, assisting them in appraising project proposals, structuring projects to make them bankable and help raise resources for the implementation.