devinitorg/iati-policy-markers huggingface dataset:
Powergrid Equity The Power Grid Corporation of India Limited (Power Grid or the Company) is Indias inter-state and inter-regional transmission utility, majority owned by the Government of India (GOI), and plays a critical role in strengthening the countrys transmission infrastructure. Power Grid being the national transmission utility has a capital expenditure plan of US$16 billion during the FY13-17 period (the Project) for further development of national grid.  In order to fund the Project, Power Grid needed to raise about US$1 billion of equity.  Simultaneously, the GOI divested 4 percent of its existing shareholding to help meet its disinvestment targets for the current fiscal year, reduce its fiscal deficit and help anchor the commercial orientation of a key enterprise.  The Company had requested that IFC support the project by participating as an investor in the FPO. Accordingly, IFC made an equity investment of US$20.4 million through its participation in the FPO. The Project is expected to have the following development impact: A. Support the critical transmission infrastructure of the country which is essential to improve access to electricity and promote inclusive growth.	  B.  Facilitate an increase in the private sector investment in power generation including renewables. C. Promote Climate Change Mitigation by reducing electricity transmission losses thereby eliminating GHG emissions from avoided generation.
GEF PVMTI Sunlit Media The project encompasses the development and marketing of a network of PV-powered front- and back-lit lighting systems (Adlites) for the provision of advertising services in major cities in India. The network of Adlites will be sited on privately held land such as college campuses, petrol stations and parking lots.  Adlites can offer low-cost lighting for outdoor spaces, making them safer at night and expanding the range of possible uses.  The project aims to demonstrate that this value-added application of PV technology can become commercially sustainable at a large scale.    This is a project financed by the IFC/GEF Photovoltaic Market Transformation Initiative (PVMTI). The Global Environment Facility (GEF) has provided US$30 million in concessional funds to IFC to support investments in private sector projects to encourage market development for photovoltaics.  PVMTI aims to address market barriers by making available appropriate financing and stimulating business activity, accelerating PV penetration to achieve reductions in greenhouse gases. By harnessing the innovation and discipline of the private sector in designing and implementing PV projects, IFC is helping to shift the design and financing of PV market activity to a more sustainable and replicable private sector context.    By investing PVMTI funds in the project, IFC intends to support the demonstration of a successful and replicable business model for the Indian, as well as other developing country PV markets.
Salcomp India The proposed IFC investment will support Salcomp Technologies India Pvt Ltd. (Salcomp Tech), a leading manufacturer of consumer electronics parts to set up new manufacturing capacities of top modules and back frames for mobile devices in Chennai, India. (the Project). Project-level: (i) stakeholder effects on female employees through upskilling and promoting more women to managerial roles; and (ii) economywide effects via transition from lower-skilled assembly to skill-intensive precision production. Beyond the Project, IFC anticipates that the investment will create demonstration effect to local manufacturers for their value addition in production.
HDFC Bank Loan The project envisages a proposed lending to  HDFC Bank Limited (HDFC or the Bank), Indias largest private sector bank and second largest bank overall. The proposed lending consists of a loan of up to US$500 million to support the Banks lending to women borrowers for income generation purposes. The proceeds of the IFC loan will be used for on-lending to women borrowers as microloans under Self Help Group (SHGs) and Joint Liability Group (JLGs) enrolled in HDFC Banks Sustainable Livelihoods Initiative (SLI), the Banks business line responsible for microfinance lending program. Stakeholder effects  Improved access to microfinance for women borrowers: Through the proposed investment, IFC will support HDFC Bank in increasing access to microloans for women in India.
Market Impact : Inclusiveness - IFC anticipates that via innovation, demonstration and replication channels, the Project will promote greater inclusiveness of women in the financial sector by encouraging other FIs to scale-up their microlending portfolio, which largely targets women borrowers.
Fullerton Masala table, .k-table{ border-collapse:collapse; width:100%; table-layout:fixed; margin-bottom: 15px;} .k-table, .k-table td, table, table td {outline: 0;border: 1px solid #000; } .k-table td, table td { padding: 5px; }       The proposed project involves the subscription by IFC to Masala Bond (Rupee Denominated)/ Non-Convertible Debentures issued by Fullerton India Credit Company Ltd. (FICCL, the Company)/ Fullerton India Home Finance Company Limited (FIHFC) for on-lending to micro, small and medium enterprise (MSME  ), sectors and business permitted under applicable laws/regulations.       Established in 2007, FICCL is a leading Non-Banking Finance Company registered with Reserve Bank of India. The Company has a strong focus on lending to rural and urban micro and small enterprises and also caters to mid-sized SMEs. FICCL also offers loans for affordable housing to salaried and self-employed individuals through it is fully owned subsidiary FIHFC.       As of Dec 31, 2016, FICCL has total assets under management of around US$ 1.88 billion and has reached out to more than 1.6 million customers through a widespread network of 528 branches spread across 22 states & 3 union territories, reaching out to 600 towns and 48,000 villages in the country. 1. Increased access to finance to MSMEs in Low Income States: FICCL provides financing to the underserved MSME segment which lacks financial access even today. The Low Income States (LIS) in particular has historically been under financed despite having housed a significant percentage of MSMEs. IFC debt is expected to expand FICCL's reach in LIS and increase MSME portfolio.

2. Building further capacity in affordable housing finance: FIHFC provides affordable housing finance to the low-mid income borrowers with an average ticket size of INR 1.7mn (~US$ 25000). It plans to cater primarily to the under banked geographies by leveraging the network of its parent FICCL. IFC investment is expected to help it scale its affordable housing portfolio.

3. Job Creation: MSMEs in India employ close to 40% of the workforce. Access to credit for these entities helps them achieve scale while enhancing sector competitiveness and job creation
Federal Bank Subject to due diligence, negotiations, and regulatory approval, IFC is considering an investment package of up to $50 million in Federal Banks (the Bank). The investment package consists of the following:

-  a long-term loan to support SME lending operations, and 
-  a potential equity investment in the Bank. 

The Bank has been in existence for 74 years. It is currently the 6th largest private sector bank in India, and the largest scheduled commercial bank in the state of Kerala. The Bank is actively involved in the SME lending in Kerala.
ETC India Project Headquartered in Mumbai, India, ETC Agro Processing (India) Private Limited (ETC Agro or the Company), along with its
associate entity ETG Agro Private Limited, are engaged in pulses processing and trading, wheat flour milling and biscuit
manufacturing. The Company is in the process of setting up a new pulses processing facility of 300,000 MTPA in Kolkata,
West Bengal, which, once completed, will be one of the largest pulses processing plants in the world, handling processing of
yellow peas, lentils, green gram and black gram (the Project). The Project will allow the Company and its associate entity to
expand their existing pulses processing capacity in India to about 475,000 MTPA to provide high-quality processed pulses to
the Indian market; pulses are a key source of protein and an integral part of the diet of the Indian population. 1. Food and Nutrition Security: As a result of the Project, the Company's increased pulses processing capacity will contribute
to food and nutrition security in India, as it will help reduce the gap between actual and WHO recommended levels of protein
intake, while following international food safety standards. 
2. Domestic Manufacturing Capacity Building and Job Creation: In supporting the building of one of the largest pulses
processing facilities in the world, the IFC investment supports the expansion of domestic processing of pulses (instead of
importing "processed" pulses), providing an impetus to Government of India initiatives of 'Make in India' and 'Skill India'. This
will generate incremental jobs and income, government revenues and widen the tax base as well as support economic growth. 
3. Northeastern States: The funding will be used entirely towards setting up a processing facility in West Bengal, one of the
lower income states in India.
Abellon Equity Abellon Waste Management Limited (Abellon or the Company) is a newly incorporated waste management and circularity company established in India. It will initially own and operate four waste-to-energy (WTE) plants (Jamnagar WTE 7.5 megawatt (MW), Ahmedabad WTE 14.9 MW, Rajkot WTE 14.9 MW and Vadodara WTE 14.9 MW) (collectively the WTE projects), which will be transferred from Abellon Clean Energy Limited.  IFC investment will be up to US$40 million in Indian Rupee (INR) equivalent in the form of Optionally Convertible Debentures (OCDs) in Abellon to be utilized for constructing the WTE projects. The main project-level impact involves stakeholder effect by enabling 2,750 tons per day (TPD) waste treatment capacity through the establishment of WtE facilities. As a result, IFC anticipates that the total waste being dumped at landfill sites in the target cities will reduce by 56 percent. Beyond the project, the investment is expected to introduce (i) environmental benefits deriving from more sustainable waste management and generating renewable energy and (ii) market competitiveness by demonstrating a viable solution to India's waste management problem, potentially serving as a precedence for a bankable structure for private sector participation in integrated waste management.
IMGC India Project This proposed project (IMGC India or the Project) is an important part of IFCs financial sector engagement in India, and involves an equity investment in Indias first mortgage guarantee company, proposed to be named as India Mortgage Guarantee Company (IMGC or the Company). IMGC is proposed to be established as Mortgage Guarantee Corporation to provide credit risk coverage to residential mortgage lenders in the event of a borrowers default. This product is expected to enhance accessibility to affordable housing finance across income segments and regions through the provision of guarantees and support to the lenders. The proposed project will have development impact in the following areas: - Increased home ownership for middle income households  and first time buyers, and deepening the financial market for housing finance  - Increased activity in the housing sector - Knowledge transfer to the company and the sector from the various sponsors of the company in helping develop the mortgage finance and guaranty market in India - Risk Transfer: The mortgage guarantee product is expected to allow the banking system an new and effective avenue for risk diversification and would allow the institutional investors to participate in the very large mortgage market which would otherwise be closed to them. -It will also lead to a standardization of lending practices.
HFCII_Aptus 0  0  0  0  0  0  0  0  0.0000       The proposed investment co  mprises an up to US$15 million   in Aptus in the form of senior secured   Non-Convertible Debentures (  NCDs  )   with a tenor of 7 years.   The project is intended to support a Housing Finance Company (HFC) in increasing its reach in the affordable housing finance segment. (i)	Providing housing to the economically weaker segments: Aptus is focused on providing access to housing finance to low income borrowers, specifically those employed in the informal sector such as self-employed entrepreneurs and un-organized sector salaried workers. This segment is largely ignored by the large HFCs and Banks owing to perceived higher risk profile of such borrowers and difficulty in credit assessment. IFC's investment will directly expand the availability of housing finance to the low income and relatively excluded customer segments.

(ii)	Increase competitiveness of smaller HFCs: The market is highly concentrated with top 5 HFCs having more than 70% market share.  By supporting a smaller HFC targeting affordable housing, IFC will increase their competitiveness, market share and promote growth of the segment.
DFP Alteria Fund The proposed project envisages an investment of up to US$12 million in INR equivalent in a target US$100 million Alteria Capital Fund III  Shorter Duration Scheme (ACF3 SDS or the Fund) debt fund, managed by Alteria Venture Partners LLP (AVP or Alteria or Fund Manager). The Fund will provide short-term secured debt to venture capital backed start-ups (the Project). The companies will be digital finance services (DFS) providers as well as will include consumer products, B2B platforms, Climate tech and services companies in India. These companies will be technology driven micro, medium and small enterprises (MSMEs). Stakeholder Effect: 
Increased access to finance for SMEs: IFC anticipates that the proposed investment will help increase access to finance for SMEs in India, especially those in the technology sector. Alteria will leverage its expertise and know-how of providing financing to these high growth SMEs through secured debt products under the fund. By expanding the types of funding especially shorter-term funding that venture debt managers can provide to tech SMEs, the Project will contribute to increased access to finance for the fast-growing start-up sector in India. The tech SMEs that ACF3 SDS will support are mostly digital financial services companies and consumer products and services companies that will turn help increase access to finance in India.

Market Creation: 
Competitiveness: IFC anticipates that via innovation, demonstration and replication channels, the Project will promote greater competitiveness within the SME financing sector by increasing financing available to SMEs especially those are technology driven. The proposed fund represents the first strategy in the market to specifically address the gap of shorter-term financing to tech-SMEs offered by a debt fund, as a distinct segment through Shorter Duration Scheme (SDS).
MSPL Limited MSPL Limited (MSPL or the company), a family-owned company, is one of the largest private iron ore producers in India. The company is over 40 years old and, while its background is in the mining business, the company is currently the largest private generator of wind power in the country (installed capacity is 111.6 MW as of July 2006).  In FY 2006, sales of iron ore represented 91% of total revenues, while sales of wind energy represented 8% of total revenues.

The project consists of the installation, operation and maintenance of 36.6 MW of wind power generators in the states of Karnataka and Gujarat in India, to be implemented by MSPL. Electricity will be sold through long-term power purchase agreements to state-owned electricity distribution companies.  After the project, MSPLs wind portfolio would be 148.2 MW. - Renewable energy:

The project will contribute to increase the countrys installed capacity from renewable energy sources and will contribute to the development of cleaner sources of energy. IFCs support of this and similar projects will help increase the production of wind energy in India, a zero-emission energy source. The project will contribute to meeting Indias goal of increasing power generated from renewable energy from the current level of 5% to 25% by 2030 and is expected to benefit from carbon credits.  This could have positive demonstration effects on other potential generators of renewable energy. 

- Reduction of power shortages:

India faces severe shortages of electricity, with peak shortages estimated at approximately 12% of total demand. The project will contribute to reduce this demand-supply gap, which has resulted in erratic supply of electricity with fluctuations in voltage and/or power outages. The consequences of the power shortage are far-reaching and adversely impact commerce, industry, agriculture, education, and socioeconomic development. 

- Hedge against high fuel prices:

Diversifying Indias generation portfolio and investing in wind power offers a hedge against potential future increases in fossil fuel prices.  

- Linkages to local economy:

It is estimated that the equipment produced locally by wind turbine manufacturers has 80% of domestic content; this creates jobs and linkages to the local economy.
Suguna III Project The group of companies known as the Suguna Group consolidated under the holding company Suguna Holdings Private Limited (SHPL or the Group or Suguna) was initially established in 1984 and is one of the leading poultry integrators in India with operations covering all areas of the poultry sector. Sugunas fully integrated operations cover broiler and layer farming, hatcheries, feed mills, and processing plants across 20 Indian states and one union territory, and have an overseas presence in Sri Lanka, Bangladesh, and Kenya. The main operating company under SHPL is Suguna Foods Private Limited (SFPL) in India, which generates over 97% of the Groups revenues.   Suguna is planning (i) a capacity expansion consisting of the construction of poultry infrastructure including potentially a hatchery, processing plant, poultry environment-controlled shed, premix plant, and related poultry assets, as well as incremental working capital financing, through a US$42.9 million investment at SFPL in India to further expand its operations in northern and eastern India, primarily in Uttar Pradesh, Odisha and West Bengal; and (ii) the construction of feed mills, breeders, and hatcheries in Bangladesh and Kenya through a US$15.9 million investment in Suguna Food and Feeds Bangladesh Pvt. Ltd. (SFFBPL) in Bangladesh and a US$8.4 million investment in Suguna Poultry (Kenya) Limited (SPKL) in Kenya in order to capitalize on the growing economy and expanding poultry sector in both countries, for a total overall investment across India, Bangladesh, and Kenya of US$67.2 million (the Project) 1. Greater farmer incomes: The most significant, expected Project-level outcome is the impact on the incomes of poultry farmers who participate in Suguna's outgrower (contract farming) model or use the Group's inputs for independent poultry production. 
2. Increased consumer access to affordable and high quality food products: Depending on how the final product composition evolves as a result of the Project to what is currently available in the market, consumers may benefit from increased access to high-quality, affordable poultry products. 
3. Market creation: At the market level, the Project is expected to contribute to integrating farmers into the poultry value chain by transferring its experience and business model to Bangladesh and advancing the sophistication of contract farming in this underdeveloped market through demonstration and replication.
APF - I (Mauritius) Limited APF-I (Fund), is an India-dedicated private equity fund of target size $100 million, which will make equity and equity-related investments towards expansion capital in high growth, small and medium enterprises (SMEs) including those located outside the main Indian metro cities. The Fund will assist in the development of SMEs in India by providing much needed equity capital and professional management advice to an as yet underserved market segment. The Fund will be managed by Horizon Advisors, Mauritius with Ambit Pragma Ventures Pvt Ltd, headquartered in Mumbai, India, as their Investment Advisor. The project:  - Supports a fund that will invest in SMEs in India - Supports the development and growth of local entrepreneurship in second tier towns and cities: The Fund will provide equity financing and management expertise to SMEs with high-growth potential in second tier towns and cities in India, thereby contributing to more even development. - Strengthens an emerging domestic fund manager - Adds value to portfolio companies by means of management expertise and improved corporate governance - Imparts global best practices in the fund management industry and builds local institutions - Contributes to sustainable economic development by incorporating environmental and social standards
LGB Project Founded in 1937, L.G. Balakrishnan & Bros. Limited (LGB or the Company) is based in Coimbatore, Tamil Nadu, India.  At present, the Company has leading positions in India in the automotive and industrial transmission chains and fine-blanked automotive and industrial products.  In addition, LGB produces forged components for automotive and industrial applications.

Currently, the Company is implementing a US$44.5 million investment program (the Project) to increase the production capacity in all of its three product lines over the term of several years.  The implementation of the Project will enable the Company to respond to growing volume and quality demands of its clients and, thus, to sustain and enhance its market position in India.  In addition, the capacity increase will allow LGB to intensify its export promotion efforts.