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8. PPPs in Infrastructure Resource Center (PPIRC) website ($332,000) 2 : approved on June 24,
2011, this activity will help the PPPs in Infrastructure Resource Center website to enhance its existing
resources—particularly on up-to-date information related to the effects of the global financial crisis on the
PPP contracts. The website, launched in 2009, makes practical PPP infrastructure related resources
publicly available to governments, particularly in the developing world, to assist them with the legal and
contractual issues arising from these complex projects. An assessment of reports, terms of references,
and other relevant references for the website is expected to be completed by May 31, 2012.
II. Country-specific Activities Funded through PPIAF Response to Financial Crisis Non-
Core Trust Fund
In addition to regional activities, PPIAF supported 22 country-specific activities:
1. India: Preparation of a Business Plan for India Infrastructure Finance Company Limited
($218,000): approved on December 1, 2009, this activity aims to help the Infrastructure Finance
Company Limited (IIFCL) update its business plan in the context of market realities following the global
financial and economic slowdown and the PPP financing needs in India. The government of India
established the IIFCL in 2006 under a scheme for financing of infrastructure projects, with a focus on
infrastructure projects domiciled as special purpose vehicles (SPV) and promoted by the private and
public sectors. The IIFCL has been incorporated as a public financial institution designed to borrow in
domestic markets as well as from multilateral financial institutions for on-lending to infrastructure SPV
projects. However, the IIFCL was falling short on capacity in terms of people, processes, and systems for
addressing this rapidly evolving role, which inter alia involves managing complex borrowings from
domestic and international markets and multilateral institutions, and deployment through an increasing
complex set of structures and products. The PPIAF activity aimed at helping the IIFCL to evolve from its
present role, and introduce innovating financing instruments to address the challenge of infrastructure
project financing in India. A market assessment report and business plan for IIFCL was developed in
December 2011 under the PPIAF activity.
Results from Support to the India Infrastructure Finance Company Limited
Outputs Outcomes
Enabling environment reform Capacity and awareness building
Analyses/assessments prepared
� Assessment report for infrastructure finance
market, December 2011 Technical capacity enhanced
Plans/strategies prepared
� Business plan for the India Infrastructure
Finance Company Limited prepared,
December 2011
� India Infrastructure Finance Company Limited
strengthened, 2011
2. Ethiopia: PPP Irrigation Model Contracts ($349,000): the activity was approved on February 3,
2010 and is considered a follow-up activity to an earlier PPIAF grant which helped the government of
Ethiopia determine options in delivering irrigation services. An innovative PPP option has been selected
by the government for implementation on a pilot basis. The approach included charging farmers an
Irrigation Service Fee for the full cost of operation and maintenance of the irrigation system—including
energy costs—thereby contributing to making the system financially sustainable. However, in light of the
changes to capital markets and the perception of risk arising from the financial crisis, additional support
was requested to fine-tune the PPP arrangements. The work included drafting the prequalification
2 From the total approved amount of $332,000, only $282,000 has been funded from the SECO/DFID Financial Crisis
non-core fund. The rest of the $50,000 is funded from the Multi-Donor Core Trust Fund
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