devinitorg/iati-policy-markers huggingface dataset:
OSL Kochi Project Sparkle Port Services Limited (SPSL) is a 100% subsidiary of Ocean Sparkle Limited (OSL), an Indian provider of port management services. SPSL has been awarded a 17 (15+2)-year contract by Petronet LNG Limited (Petronet) to provide services at Petronets upcoming LNG terminal at Kochi in southern India. Petronet is currently operating an LNG plant at Dahej in western India. Ocean Sparkle has been providing port management services at the Dahej terminal since 2004 (via a group company, Sealion Sparkle).   As part of its contract with Petronet, SPSL will purchase and deploy 4 tugboats and 1 marine craft at Kochi, for a total cost of $31.5 million. IFC is considering providing an A loan of $11.5 million. Support greater usage of an environmentally-friendly fuel, in the face of growing energy demand and limited domestic supply: The share of natural gas in the primary energy segment in India is only 8% currently. Natural gas supplies from domestic sources are expected to be constrained over the next few years; as a result, Indias reliance on imported LNG is expected to increase. SPSL is a key link in the logistics chain for Petronet as it seeks to ramp up LNG imports through the new terminal at Kochi. 	By supporting Petronets growth, SPSL will indirectly be contributing to the greater usage of an environmentally friendly fuel, and increasing the share of fuel that is bought and sold under free market conditions (Petronet and other newer market players are operating under new legislation that requires open access and unbundling of the supply chain).   Higher Environmental, Social, Health and Safety Standards: IFC will work closely with SPSL to ensure that IFC performance standards are met, particularly those related to labor management and working conditions, as well as the management of effluents and waste-water.   Employment Generation: As a result of the Project, direct employment is expected to be created for ~56 employees.
Vysya Bank Project Vysya Bank was established in 1930 by a group of entrepreneurs from the trading (vysya) community based in and around Bangalore, India. The bank, with over 400 outlets, has a strong retail franchise, based in southern India, as well as presence in other parts of the country. The ING Group recently increased its equity stake in the Vysya Bank from 10% to 20% with the objective of strengthening its strategic alliance and business synergies in the areas of trade and corporate finance, retail banking, mutual funds, and insurance. Vysya Bank is refocusing its strategy to meet the challenges coming from the deregulation of the banking industry and to position itself as an integrated financial services provider.     IFC''s proposed investment will assist Vysya Bank in its plan to raise its technology platform, a key factor for increasing the competitiveness of Indian banks. Additionally, IFC together with the ING Group, will play an important role in institution building through the adoption of cautious operating policies and guidelines, and the strengthening of risk management and credit control and monitoring mechanisms. IFC''s presence in a well managed, established, private commercial bank, that is going through a transition, and the support to the bank''s technological upgrading and strengthening of its overall corporate governance, will have a strong demonstration effect on the Indian banking sector.
GEF SAGF III IFC proposes an equity investment of up to U$40 million, not exceeding 20% of the total commitment, and an additional co-investment envelope of up to US$40 million under the delegated authority framework, in South Asia Growth Fund III, L.P. (the Fund or Fund III), a mid-market private equity (PE) fund focused on providing growth capital to companies across climate solution themes in India and opportunistically in Southeast Asia, and together with South Asia Growth Fund III, SCSp (Luxembourg Feeder Fund) is targeting US$300 million to US$400 million in total commitments. Consistent with its prior funds, Fund III will target mid-market companies in the climate solutions supply chain focused on (i) renewable energy value chain; (ii) energy efficient enhancement; (iii) food security solutions; (iv) resource / waste recovery solutions; (v) water security solutions; (vi) mobility solutions; (vii) smart cities and green building solutions; (viii) tech / digital solutions; and (ix) low carbon transition solutions. The Fund is expected to size its average ticket per company in the range of US$20-US$40 million in 9-12 companies. The Fund is expected to increase access to PE capital for climate investments and value creation for mid-market companies in India, focusing on climate adaptation, mitigation, and circular economy. There are a limited number of green or climate focused PE funds in the Indian market. Despite the favorable regulatory conditions and government policies for climate finance, commercial investors are still wary of investing in climate-focused funds. In this context, IFCs continued support to help the Fund will help it build a sustained track record in climate finance and demonstrate that climate-focused investment vehicles are commercially viable and attract new entrants into the market.
Tata SME Rural Tata  Tata Capital Financial Services Limited (Company or TCFSL) is a wholly owned subsidiary of Tata Capital Limited (TCL) and is a Systemically Important Non Deposit Accepting Non Banking Financial Company (NBFC), holding a Certificate of Registration from the Reserve Bank of India (RBI), dated November 4, 2011. The Company has critical scale and is amongst the top 10 private sector NBFCs offering fund and fee-based financial services to its customers, under the Tata Capital brand. A trusted and customer- centric, one-stop financial services provider, TCFSL caters to the diverse needs of retail, corporate and institutional customers, across various areas of business namely the Commercial Finance, Infrastructure Finance, Wealth Management, Consumer Loans and distribution and marketing of Tata Cards.   IFC proposes to provide local currency funding to TCFSL by subscribing to non-convertible debentures (NCD) to be issued by the Company. The proceeds of the IFC financing will be channelized to farmers in rural areas for financing tractors and other agricultural equipment.  The aforementioned segments have limited access to finance from the organized sector (the Project). 1. Additional Reach: TCFSL''s strategy is to serve farmers in rural areas for financing tractors and other agricultural equipment.  TCFSL has a unique ability to penetrate these customer segments thanks to the Tata brand. The Tata brand is very strong in rural and semi-urban markets. Availability of additional financing for agriculture is very important to the Indian economy given the challenges of improving India''s food security situation. The increase in population as well as disposable incomes in rural and semi-urban areas generate a rapid increase in food consumption demand. 2. Pan-Indian Presence and Expert in niche markets: TCFSL is the appropriate partner for IFC to provide financing to under-served segment of the market as the Company is present across all India. Banks focus on larger, more traditional clients and consumer finance whilst the NBFCs tend to focus more on asset finance which is essential for rural equipment financing.    3. Cross- selling products: TCFSL gives the opportunity to cross-sell services of the other group companies subject to applicable regulations and is an ideal development partner for IFC as we explore ways with TCFSL to offer financial services and products to this target customer base, either directly via TCFSL or via other delivery channels.
Samara Capital Partners Ltd Samara Capital Partners Fund I Limited (Samara Capital or the Fund) is a private equity fund which will invest in small and medium-sized enterprises (SMEs) in India. The Funds objective is to invest in deals of under $20 million, and to provide active involvement in the investees operational and financial management in order to accelerate their growth and development and thereby achieve superior long-term capital appreciation.  The Fund will target companies with strong growth potential in industries such as financial services, media and telecom, secondary infrastructure, pharmaceuticals, and information technology. The anticipated development impacts through this investment are as described below:  - Private sector development:     The Fund will add value to its investee companies, by providing managerial and strategic support to improve their competitiveness and sustainability.  - Implementation of best practice for corporate governance in portfolio companies:     The Fund will adopt international best practices for corporate governance and management, as well as transparency, thus fostering knowledge and skill transfer, and encouraging best practices across the industry.  - Growth in employment and labor productivity:      The Fund is expected to invest in growth stage companies that will increase employment at a high growth rate.  - Support for Small and Medium Enterprises (SMEs):      The Fund is expected to allocate its capital to SMEs.
TCW/ICICI India Private Equity Fund Summary Of Project Information (SPI)       Project Name    India-TCW/ICICI India Private Equity Fund            Region    Asia        Sector       Project No008442   Projected Board DateAugust 8, 1997   Company NameTCW/ICICI Investment Partners, L.L.C.   Technical Partner and/or Major Shareholders    	Trust Company of the West Group Inc. (TCW)    	Industrial Credit and Investment Corporation of India (ICICI)     Project Cost Including proposed IFC investment    	US$125.0 million, including an IFC equity investment of US$10 million.    Location of project and Description of site    	Indian investee companies located throughout India    Description of Company and Purpose of Project    	Establishment of a US$125 million offshore closed-end venture capital fund, to be formed as a limited life company based in Mauritius.  The Fund will invest in unlisted equity or equity-related securities issued by medium-size, later-stage and some early stage companies in a broad range of industries in India. The Fund will operate for a term of seven years with the option to extend for two one-year periods. The Fund will be administered by a fund management company, TCW/ICICI Investment Partners, L.L.C. also to be based in Mauritius.  TDICI (Technology Development and Information Company of India Ltd.), an affiliate of ICICI based in India, will be Investment Adviser to the Manager.    Environmental Category and Issues    	This is a Financial Intermediary (FI) category project.  The Fund will be required to undertake an environmental review of eligible investee companies operations to ensure consistency with World Bank policies and guidelines and GOI requirements.  TCW/ICICI will assign two officers to undertake environmental reviews of investee companies.  In addition, TCW/ICICI will provide IFC with an annual environmental monitoring report.         Date SPI sent to PIC     July 8, 1997      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 974-4384
Aavishkaar VI IFC proposes an equity investment of up to US$20 million, not exceeding 20% of the total commitment, and an additional co-investment envelope of up to US$15 million under the delegated authority framework, in Aavishkaar India Fund (IFSC) VI (the Fund or Fund VI), a private equity (PE) fund focused on providing growth capital to small and mid-sized companies in India and together with Aavishkaar India Fund (Mauritius) VI (Mauritius Fund) and Aavishkaar India Fund VI (India Fund) is targeting US$200 million in total commitments. Consistent with the prior fund, Fund VI will continue to focus on its key strength of targeting investment in small and mid-sized companies in the sectors of financial inclusion, sustainable agriculture, and essential services. The Fund is expected to size its average ticket per company in the range of US$5-20 million in c.15 companies. The Fund is expected to increase access to private equity capital and value creation for small and mid-sized companies in India, including working with the founder/entrepreneurs to build a relationship and provide strategic support to scale up. The Fund Manager will commit to investing for the first time in at least 25 percent female led investees, in the context of a country with some of the largest gender gaps in female representation in company leadership and female access to equity. 
The market for PE Funds targeting underserved groups is new and evolving fast in India, however, the segment overall lacks sufficient commercial support to expand without Development Finance Institutions (DFI) support. IFC expects that continuing to demonstrate the viability and scalability of a fund model that targets these underserved markets will encourage greater investor interest into funds that target smaller companies and underserved populations, particularly in low-income states (LIS) regions of India.
Banyan Tree II The proposed project is an investment in BanyanTree Growth Capital II (BanyanTree II or the Fund), focused on financing fast growing small and medium enterprises (SMEs) in relatively neglected sectors of the Indian economy.  These include areas such as manufacturing and niche industrial segments, which have traditionally received a very small portion of private equity capital in comparison to their total contribution to the Indian economy.  BanyanTrees core proposition centers around its ability to find companies that are growing and capital constrained but reluctant to dilute to the extent a traditional private equity financing would require. BanyanTree has positioned itself as a provider/arranger of hybrid capital based on the teams long experience of structured finance. The proposed project is a successor fund to BanyanTree Growth Capital I (BanyanTree I) which raised about US$100 million in 2008-2009. BanyanTree I has invested in eight companies with one partial exit. 1)	Jobs: Like with all the SME growth fund investments, the provision of expansion capital to companies at a crucial inflexion point in their development is the most effective way to impact job creation. This funds ability to reach companies that would not ordinarily access PE capital on account of dilution fears makes their capital even more impactful    2)	Private sector development: An investment in this fund will serve to enhance IFC''s mandate of developing the ecosystem for private enterprise to thrive by promoting SMEs, their suppliers, customers, providers of capital and potential acquirers. This is particularly relevant given the fund''s focus on the manufacturing and industrial segments of the Indian economy
Polycab Project Polycab Wires Private limited (Polycab or the company) is the flagship company of the Polycab group which comprises eight cable manufacturing companies. The Polycab group is a leading manufacturer of power cables and light duty cables in India. The company is undertaking a capital expenditure program over the next two-three years at its existing manufacturing locations to expand its operations in the cables business in India. The project will have a strong development impact by addressing a supply shortage in electrical wires & cables in India, which are critical components used in power, infrastructure & other industrial sectors. The project will also help increase the local supply of a product that is expensive to import and more economically sourced locally. Therefore, the project will have significant impact on infrastructure development in India.  The project will benefit from the management expertise of a strong sponsor who has significant technological know-how both in investment and production. The project will support faster consolidation in this highly fragmented industry by supporting the growth of an industry leader; and help improve standards across the industry as a whole.  The consolidation of the cables industry will instill better standards of product quality and this will in turn have a significant bearing on reducing technical losses arising from usage of lower quality cables in power transmission and distribution.
Balrampur Chini Mills Ltd. Balrampur Chini Mills Limited (BCML or the company) is the largest and the most financially viable sugar producer in India.  A public limited company, the Saraogi family holds about 47% of its equity capital. The company with its three sugar manufacturing units in East Uttar Pradesh has an aggregate capacity of 25,000 tonnes crushing per day [TCD] Balrampurs existing mills account for 2.25% of annual Indian sugar production.  BCML wants to capitalize on its strengths of excellent management, strong operational and financial capabilities to expand its sugar capacity and diversify its revenue streams through the production of value added products related to sugar production.  These include cogeneration and dedicated biomass power plants, ethyl alcohol, and bio-compost fertilizer.  The proposed project includes an integrated, Greenfield 4,000 tonnes cane/day [TCD] sugar mill, an associated bagasse-fired 20 megawatts (MW) co-generation plant providing steam and power for the mills use and selling 15.45 MW of electric power to the Uttar Pradesh grid.  The final element of the project includes construction of new 60 kilo litre / day [ KLPD ] ethanol distillery and an associated biomass fertilizer manufacturing unit, which will employ sugar and ethanol manufacturing waste at the existing 8000 TCD Babhnan mill.   The purpose of this project is to build:    -  a 4,000 tonnes cane per day (tcd) greenfield sugar mill and associated 20MW bagasse fired cogeneration power plant at Haidergarh in the state of Uttar Pradesh, India and  -  a 60 kilolitres per day ethanol distillery (for blending with gasoline) and associated biomass fertilizer plant at the companys existing sugar mill at Babhnan also in the state of Uttar Pradesh, India.
Dabur Pharma Dabur Pharma Limited (DPL or the company) is a leading Indian pharmaceuticals company.  The company is the market leader in oncology formulations and active pharmaceuticals ingredients (API or bulk drugs) in India and exports to over 30 markets across the world.  The project is to undertake a plan to leverage its manufacturing expertise and its research and development efforts over the last few years and to grow significantly by expanding its international market reach and commercializing new products.
Srinivasa Farms 0  0  0  0  0  0  0  0  0.0000       The proposed project involves IFC investing equity in an INR equivalent of approximately US$ 23 million in Srinivasa Farms Private Limited (Srinivasa or the Company). The proposed investment will support Srinivasa to: (a) expand its existing layer, broiler and breeding operations by setting up additional farms and hatcheries; (b) expand its feed mills and add soya refineries; (c) setup a food park; and (d) setup chicken and egg processing businesses (the Project). The project is expected to have the following development impacts: 
a) Farmers: A greater number of contract farmers engaged in broiler production will benefit from stable access to key inputs and expertise as well as reliable off-take, which help improve and stabilize their incomes. The layer farmers will benefit from access to quality inputs (DOCs and feed) which should have a positive impact on profitability of their operations. Smallholder producers of maize and soybeans will gain improved access to market as the company increases its feed production.
b) Employees: The Company's expansion will create over 5,000 jobs directly and ensure working conditions that are in line with IFC Performance Standards, which will constitute an improvement over prevalent industry practices. Potentially twice as many jobs would be created along with the value chain, contributing to skill building and non-farm employment. A high share of employment created in the poultry sector tends to be at the bottom of pyramid (BOP).
c) Consumers: The consumers will benefit from increased access to quality processed poultry products that meet food safety standards in a market that is largely dominated by open air sales.
HFE Bhadla Project Clean Solar Power (Jodhpur) Private Limited (CSP or the Company) is a step-down subsidiary of Hero Future Energies Global Ltd. (HFE), an existing IFC client. In 2016, IFC and GIF each invested US$62.5 million in HFE. HFE is a leading renewable energy developer in India and currently has an installed capacity of more than 1.2 GW and is in the process of implementing approximately another 1 GW.   The Company proposes development, construction, operation and maintenance of a 250 MW solar farm located in Bhadla, Rajasthan, India (the Project). The solar farm will sell power to Solar Energy Corporation of India Limited (SECI) pursuant to a 25-year Power Purchase Agreement (PPA). 1. Increasing clean energy production: The Project will contribute for meeting the country's energy demand by using an environmentally friendly source of energy.
2. Climate change mitigation: IFC's investment will support clean energy production with associated avoidance of GHG emissions.
TMFL SME Financing The proposed investment comprises a (up to 5-year) senior, secured funding of up to US$100 million to Tata Motors Finance Limited (TMFL or the Company). IFCs investment will be used to support purchase of Commercial Vehicles (CVs) by Small and Medium Enterprises (SMEs) in Low Income States (LIS) of India. The Company will match IFCs investment of US$100 million with US$300 million from its other sources of funding to create a US$400 million pool for financing CV purchases by SMEs in LIS.  TMFL is engaged in the business of financing entire range of Tata Motors manufactured commercial vehicles, and passenger cars. TMFL has a presence over 270 branches spread across India to cater the needs of its customers. TMFL is the largest financier of Tata Motors vehicles and also offers customized product offerings to Tata Motors end customers. Stakeholders impact: The project will provide an additional US$400 million of direct on-lending to SMEs in LIS of India, a segment that is currently under-served in India. It would also support formal job creation by contributing to improvement in economic activity. 

Market Impact: The project is a part of a series of counter-cyclical interventions IFC is undertaking in the NBFC sector in India with leading institutions to support the market by increasing funding to select NBFCs to strengthen their balance sheets so that they can provide finance access to underserved borrowers. The proposed investment will focus on CV financing in the LIS and thereby, support inclusive growth.
PLENTY PRIVATE EQUITY FUND I LIMITED The proposed project is an investment in Plenty Private Equity Fund I Limited (Fund or Plenty I), a limited liability company with a limited life in Mauritius pursuant to the Companies Act of 2001 of Mauritius and licensed to carry on activities under a Category 1 Global Business License, which will invest in equity and equity-linked instruments of mid-market companies in India, across sectors such as Consumer, Financial Services, Healthcare, IT Services, Logistics and Agriculture. Job creation: Fund will invest in mid-market companies and scale them into national and/or regional leaders, leading to job creation. 

Private sector development: Provision of scarce capital and value creation through capacity building, improved corporate governance and transparency, providing operational and financial expertise, support in evaluating new business opportunities and building business partnerships.

Environmental, Social and Governance ("ESG") Standards: The Fund has adopted ESG standards across investees, which is based on the IFCs ESG standards, thereby contributing to sustainable economic development