For providing financial support for quality project development activities to the States and the Central Ministries, a corpus Fund titled ‘India Infrastructure Project Development Fund’ (IIPDF), with initial contribution of Rs. 100 Crore is being set up.
The IIPDF’s primary objective would be to fund potential PPP projects’ project development expenses including costs of engaging consultants and Transaction Advisor, thus increasing the quality and quantity of successful PPPs and allowing informed decision making by the Government based on good quality feasibility reports. The IIPDF will assist projects that closely support the best practices in PPP project identification and preparation as set out in guidance to be issued by the Department of Economic Affairs from time to time. These Guidelines: