devinitorg/iati-policy-markers huggingface dataset:
Granules CPLP Granules India Limited (Granules) is a leading Contract Manufacturing Organization (CMO) supplying high volume Active Pharmaceutical Ingredients (APIs) and Pharmaceutical Formulation Intermediates (PFIs) to the bulk over-the-counter (OTC) drugs industry in the U.S., Europe, Latin America, Australia and India. Paracetamol (used in Tylenol and Panadol brand names in the U.S. and Europe, respectively) and ibuprofen (Advil and Motrin) are the companys main products, but it also supplies the industry with guaifenesin (ultimately used in cough medications) and metformin (anti-diabetes drug ingredient).  The company has four production units in three locations in the vicinity of Hyderabad, in south India. Granules management and IFCs industry specialist have identified a number of energy and water efficiency projects, including solvent recovery as well as cleaner production improvements at the companys Jeedimetla API facility, which will have beneficial environmental impacts (together, the Cleaner Production project). For example, the company will recover more of the steam and condensate used in production and recycle them, thereby reducing its energy and water intake. Variable Frequency Drives (VFDs) and appropriate scaling of certain motors and cooling towers will further contribute to the companys energy efficiency and bottom line. The project benefits are described in detail below:  Energy and Water Efficiency:   Condensate recovery: Steam is used in operations, and then condensed into water. This is pure, distilled water which should be re-used completely. After proposed modification, the overall water consumption would be reduced but the cooling tower efficiency would also improve and boiler efficiency would increase;    Replacement of oversized motors  it is energy-inefficient to use motors that are too large for the equipment they serve;    Installation of VFDs  these will automatically reduce the electricity current drawn by the engine when its load is reduced, saving on energy costs;    Replacement of cooling towers: The cooling towers are not operating efficiently. The water temperature is 40 C. If it is brought down to 30 C, as designed, the batch times would be reduced due to faster cooling and hence energy used in agitation, centrifuge and pumping would be reduced. Additionally, cooling water circulation rate would reduce and one cooling water circulation pump can be shut off. Also, by isolating the tower that takes water from vacuum pumps, any solvent contamination can be restricted to that tower only and can be easily treated.  Solvent Recovery from reactors and waste water can be improved by a more efficient process of chilling vapor at normal pressure.
HFE Equity Project The proposed transaction is an equity investment in Hero Future Energies Private Limited (HFE or the Company). The Company develops both solar (grid connected and rooftop) and wind power plants. It plans to commission capacity of more than 1GW in next 12 months. IFC together with IFC Global Infrastructure Fund will invest up to US$125 million of equity and proceeds will be used to fund the construction of solar and wind power plants (the Project).    Update related to additional investment under the COVID-19 response facility:    IFC has committed INR 3,750 million to Hero Future Energies Private Limited on June 11, 2020. The investment is in the form of senior secured NCDs issued to IFC by HFE's wholly owned subsidiaries, Hero Solar Energy Private Limited (HSE) and Hero Future Energies Private Limited (HWE) for the purposes of refinancing their existing debt (New Project). In the current pandemic the Company faces an increased risk of payment delays from power distribution companies and tougher refinancing of existing debt due to lockdown, risk aversion and liquidity constraints in the domestic financial markets. -	Increasing clean energy production: The Company will setup new renewable energy based generation capacity to meet the increasing demand for power in the country and in the process will help reduce GHG emission intensity.  -	Employment generation: The Project will provide temporary employment during construction and permanent employment during operation stage. -	Private sector development in renewable energy: The Project will help early stage renewable energy company to develop its business and thereby have a signaling effect in the market for other businesses
Apollo - III Established in 1977, Apollo Tyres Limited (ATL or Apollo) is one of Indias leading tyre manufacturers. Apollo also has a significant global presence through its export operations and through its subsidiary companies in South Africa, Zimbabwe and in Netherlands.  Apollo is setting up a greenfield tyre manufacturing facility at Oragadam (near Chennai, state of Tamil Nadu) and is implementing various capital expenditure programs at its existing facilities (together, the Project) at Limda (state of Gujarat). The  greenfield project will result in the creation of about 1,500 skilled and semi-skilled direct, permanent jobs and an additional 2,000 jobs during the construction phase. The Project will also result in establishment and development of new Small & Medium Enterprise (SMEs) in the supply chain.
Electrotherm Electrotherm India Limited (Electrotherm or the company) is a medium sized engineering company with a leadership position in engineering with its induction furnace technology business for the steel industry, and a presence in two other broad business segments  Iron & Steel Products and Electric Vehicles. It has embarked on an investment program of $73 million over the next 2 years to:  - expand its Electric Vehicles business,  - add new value added steel and cast iron products and  - increase its competitiveness and energy efficiency in steel products through a 30 MW captive power plant. The project will improve the competitiveness of Electrotherm while achieving economies of scale as a result of capacity expansion, backward integration, diversification and infusion of long term capital and equity; and hence increase the value added of its production. The project will help create supply for transmission towers & DI pipes, critical components in the expansion of power infrastructure & water supply and sewerage infrastructure in India respectively, thereby contributing to the supply of needed infrastructure. The project will also support Electrotherms new business venture of electric vehicles, thereby contributing to the establishment of new industry in India in response to local needs. The electric motorcycle products with lower prices and low running costs will provide affordable means of transport to the low-income households, enhancing their employment options and quality of life. By promoting the growth of electric vehicles, the project will also boost environment friendly products and technologies. In addition, the project will enhance the economic growth of Kutch region, one of the economically weaker regions in Gujarat that was hit by a massive earthquake in 2001, as a result of increased products availability, employment creation, local supply linkages and government revenue.
BMM Cement Limited BMM Cements Limited (BCL or the Company) was incorporated in 2007. BCL has established a 0.95 million metric tons per annum (MTPA) integrated cement manufacturing unit at Gudipadu village, Yadiki Mandalam, 25 km from Tadipatri, in Anantpur district in the southern Indian state of Andhra Pradesh. The cement plant was commissioned in 2012 and currently produces Ordinary Portland Cement (OPC) grades 53 and 43 and Portland Pozzalona Cement (PPC). Due to various internal and external constraints/issues, the capacity utilization of the plant has been low since inception and the Company has been incurring losses  Consequently, the shareholders of BCL have entered in to an agreement in November 2014 to transfer the ownership of BCL to Sagar Cements Limited (SCL). SCL is a relatively small player in the South Indian market with a cement manufacturing capacity of 2.75 MTPA spread across two plants located at Matampally and Pedaveedu in the Nalgonda district of the state of Telangana. SCLs turnaround plan for BCL includes (i) improving the operational efficiency of the plant through investing in (a) refurbishment of the plant, (b) in insurance spares and (c) in working capital; and (ii) restructuring the balance sheet by injecting long term capital including refinancing debt to extend maturities.. IFC proposes to part finance BCLs turnaround plans, subject to the transfer of ownership and completion of all regulatory formalities related to the transaction. 1.	Turnaround of an underperforming asset:  BCL is currently in financial stress. IFC will finance the turnaround by providing much needed long term capital to support the operations and allow future growth. This will not only help protect the existing jobs totaling in excess of 1500 but also create approximately 500 to 700 new direct and indirect jobs.    2.	Support a small regional player: The Project will support a regional cement manufacturer to expand its market and improve its access to raw material thereby increase its overall competitiveness in the sector.  3.	Tax revenues: The Project is expected to contribute to the domestic economy through increased tax revenues. The annual tax payment for SCL at the consolidated level is projected at about US$ 3 million.
Crompton Greaves Ltd. Crompton Greaves Limited (CGL; the company; or BSE: 500093) is the flagship company in the BM Thapar Group, and is one of the largest players in India in the electrical equipment and engineering industry. CGL makes a wide range of transformers, switchgear, motors, lighting products, fans, railway-signaling equipment, and undertakes turnkey engineering projects. CGLs business operations are organized into four Strategic Business Groups (SBGs) namely power systems, industrial systems, consumer products, and digital (networking and telecommunication). The net turnover of the company in FY03 was $328 million equivalent.

The company has requested IFC to provide a corporate loan of up to $25 million in support of its ongoing financial and operational restructuring efforts. The proposed corporate investment and debt restructuring program would enable CGL to further cut costs and enhance the competitiveness of its products in both domestic and international markets and increase the average maturity of CGLs debt. The project is supported by a strong management team. CGL will also benefit from its extensive marketing and distribution network and an established premier brand name in India.
Arohan Fin Project 0  0  0  0  0  0  0  0  0.0000          The proposed investment envisages a senior debt investment in   Arohan Financial Services Private Limited (Arohan   or the Company) which is a Reserve Bank of India (RBI) registered non-banking finance company microfinance institution (NBFC-MFI).   As of March 31, 2018, t  he   Company operates in 9   Indian States   through 435   branches and has around 1  .1 million active customers and     gross assets under management   of   approximately INR 21.71 billion  . IFCs proposed investment will help   Arohan   to diversify its sources of funding     and to expand the outreach of access to microfinance to borrowers who have little or no access to formal sources of financing. <li class="MsoListParagraphCxSpFirst" style="margin-left:0in;mso-add-space:auto;
     text-align:justify;mso-list:l0 level1 lfo1"> Access to Microfinance :
     This project will support the Company in expanding the outreach of access
     to microfinance to borrowers, especially low-income households, who have
     little or no access to formal sources of financing.<span style="font-size:
     11.0pt">    
 <li class="MsoListParagraphCxSpLast" style="margin-left:0in;mso-add-space:auto;
     text-align:justify;mso-list:l0 level1 lfo1"> <span style="font-size:
     11.0pt">Balanced growth of Microfinance  <span style="font-size:
     11.0pt">: This investment will promote a more balanced growth of microfinance
     in India.
NephroPlus Project Nephrocare Health Services Pvt. Ltd. (NephroPlus or the Company) is Indias leading dialysis chain with a goal of providing high quality dialysis at an affordable cost. NephroPlus provides dialysis services through patent pending innovations to prevent cross infections, standardized processes and trained clinical staff. The Company was founded in 2009 and is headquartered in Hyderabad. It currently has 19 centers across 9 states in India. The Company sets up dialysis centers, primarily by partnering with hospitals with existing dialysis wards or interested in setting up dialysis wards. Additionally, the Company also sets up standalone dialysis centers and has plans to participate in dialysis PPP projects in India and neighboring countries. NephroPlus has plans to establish more dialysis centers in India and is looking for equity investment of US$10 mm. - Increase in patients reached (IDG 2): Expected to increase the number of patients reached by healthcare services and contribute to IFC''s IDG 2 (patients reached) targets.  - Employment generation: Expected to create additional skilled jobs (doctors, nurses, dialysis technicians etc.) including in tier-2 and tier-3 cities.  - Enhancing medical infrastructure and creating centers of excellence: Nephroplus plans to expand its number of centers India aggressively, thereby enhance country''s dialysis care infrastructure and improve access to high quality service. Further, Company''s focus on standardized processes, use of patent pending innovation that prevents cross infection and use of certified clinical staff with expertise in dialysis care, would create centers of excellence which could serve as models for the overall sector.  - Manpower training: Company''s Enpidia institute (India''s only BONENT empanelled institute) will provide skills training to create employable base of dialysis technicians and nurses. The certified and skilled personnel would be beneficial not only for Nephroplus but for the whole dialysis care sector in India.
Mintifi  Project IFC is considering an equity investment in Mintifi Private Limited (Mintifi or the Compnay), a tech-driven distributor / dealer financing platform, that provides financing to MSMEs that act as dealers or distributors for small & mid-sized corporates in India. Typically, such borrowers do not have access to financing from formal channels. The project would help provide uncollateralized small-sized working capital credit MSMEs to effectively reach underserved segments. Beyond the Project, IFC anticipates that the investment will promote systemic changes in the market by demonstrating the validity of a specialized, technology- and anchor-driven business model as a way to reach large segments of excluded MSMEs, and enable financial service providers to effectively on-lend to these segment through its platform.
VA Tech - HAM Projects The proposed investment includes subscription to Non-Convertible Debentures of up to INR1,047 million (equivalent to US$14.2 million) and a mobilization of a loan of up to INR712 million (equivalent to US$9.7 million) for Ganga STP Projects Private Limited (GSPPL or the Company), a special purpose company, incorporated  by VA Tech Wabag Limited (Wabag) as its wholly owned subsidiary, and which shall include investments by Kathari Water Management Private Limited (KWMPL), subject to fulfilment of conditions by Wabag, for the Howrah Sewerage Project in the Kolkata Metropolitan Development Authority (KMDA) area, in West Bengal, India (the Project). (i) The Project will provide wastewater treatment capacity in the context of growing pollution of rivers due to lack of treatment capacity in the country. (ii) The Project could help promote market competitiveness by supporting an innovative HAM structure in the wastewater sector in India as the Government attempts to create bankable structures to encourage private sector participation.
Eximbank West LB Factoring Co., Ltd. India''s world trade faces a global environment of increased competition, and there is a growing need for market driven products and services to support the small and medium enterprises (SMEs) that are behind India''s success in exports.  The proposed Company will assist Indian exporters, who are typically SMEs, with new products such as factoring (that will provide them with financing, credit protection, and bill collection) and small item forfaiting (that will allow them to offer longer-term financing to their buyers abroad).  IFC has played an important role in the project concept and design, in institution building, as a neutral broker among the sponsors, and contributing to the design of good corporate governance in the new Company.
Alliance Tire Alliance Tire Group (ATG or the Company) manufactures off-highway tires that are used in agricultural, forestry, construction and earth-moving equipment. ATG has a 48,000 tonnes per annum (tpa) plant in India in a Special Economic Zone (SEZ) near Tirunelveli, India that is in the process of being expanded to 61,000 tpa and 35,000 tpa plant near Hadera, Israel. The Company plans to expand its Indian operations via: (i) the construction of a greenfield plant with a capacity of 50,000 tpa in Jhagadia Kharchi Extension in Gujarat; (ii) a further expansion of 29,000 tpa in Tirunelveli; and (iii) the installation of a cogeneration plant at Tirunelveli (the Project). 1. Technology transfer and enhancing India''s competitiveness: Innovation and technological ability are critical to the development of off-highway tires, a high-value niche segment of the global tire industry. The Project will increase the competitiveness of the Indian OHT manufacturing sector as a result of shared R & D and technology between ATC India and its associate companies, Alliance Tire Company Ltd., Israel and Alliance Tire Americas Inc., USA. 2. Employment generation: The Project will create direct employment for about 850 people. ATG is committed to developing and strengthening its employees'' technical expertise and engineers from each of its Israel and India facilities are often sent to the other location to conduct training. In addition, the Project will create temporary employment during its construction phase. 3. Agricultural productivity: Almost 60% of ATG''s sales are to the agriculture equipment sector, where increasing productivity is critical to meet increasing food demand. ATG invests significant resources in its research and development and conducts extensive testing to ensure its tires are designed to increase the productivity of the equipment on which they are used.
Vivriti_ABS The proposed project entails an IFC investment of a senior debt in Vivriti India Retail Assets Fund (The Fund). The Fund will have a target corpus of US$150 million and will be managed by Vivriti Asset Management Private Limited (VAM)  an asset management company and a subsidiary of Vivriti Capital Private Limited (VCPL) and will be established as an Alternate Investment Fund (AIF) in the GIFT City, Indias International Finance Services Center (IFSC). The Fund will predominantly invest in senior tranches of securitized debt securities backed by granular assets (asset backed securitization or ABS)  majority of which are micro and small enterprises (MSEs) and income generating assets. The targeted asset-originators will be small to mid-tiered non-banking finance companies (NBFCs) in India with a domestic credit rating of BBB- to A+ that extend financing primarily for micro, small and medium enterprises (MSMEs) (including women etc.)  the Project. 1.	Access to finance for MSMEs including women owned MSMEs: As per IFC estimates, the MSME finance gap in India is ? 25.8 trillion (USD348.6 billion), equivalent to 18% of GDP, when aggregating both the formal and informal sector. By supporting financial institutions in offloading existing MSME loans, the project will free up capital for expanding additional financing to MSMEs.
2.	Market integration: The Project will support the development of the securitization market in India both from the buy-side as well as from the sell-side. By introducing a new platform to buy loan portfolios of multiple FIs through a fund structure, the Project will demonstrate the effectiveness and viability of such a vehicle and encourage further such funds/structures. On the buy-side, IFCs participation in this structure in India will encourage other domestic institutional investors as well as foreign investors to participate in the securitization market, which currently is dominated by local banks.
Ujjivan Project IFC proposes to invest in Ujjivan Financial Services Private Limited (Ujjivan or the Company), which is a leading Microfinance Institution (MFI) in India. Ujjivan is amongst the few large MFIs that focus on providing micro loans to women borrowers in urban and semi-urban areas. Its target customers include self-employed women working as vegetable or fruit vendors, small shop owners, sari sellers, tailors etc; salaried women working in garment factories, hospitals, cooks, house maids, and piece rate workers involved in incense stick rolling, tailoring etc. Ujjivan today has about 1.1 million members and a loan portfolio of about US$140 million equivalent.   Ujjivan has over the years, established itself as one of the most customer centric institutions with a strong emphasis on responsible lending and good HR practices.   The proposed project intends to help Ujjivan fund its expansion and  carry out strategic & operational changes in order to cope with the changed regulatory and business environment, and meet its regulatory capital adequacy requirements for the next 3-5 years. 1.	Increasing access to finance in low income states in India, including states in the northern and eastern parts of the country which have amongst the highest population densities and poverty rates in the country 2.	Promoting a more balanced growth of microfinance by supporting an institution that been a front-runner in adopting technology, is a pioneer in focusing on consumer service and responsible financing and offers customized products for various financial and non financial needs of its members
EGP India - Thar The proposed project involves a debt investment in Thar Surya 1 Pvt. Ltd. (Project Company) to finance the  construction of a 300 MWac solar PV project in Bikaner, Rajasthan, India (Project). The Project is being developed by one of the step-down subsidiaries of Enel Green Power S.p.A., an existing global client of IFC. The Project was awarded to the Project Company in July 2020 by Solar Energy Corporation of India (SECI) and the Project will sell the generated electricity to SECI under a 25 year PPA. IFC is the mandated lead arranger for the entire debt portion. The main project-level outcomes are the environmental impact by displacing GHG emissions and the stakeholder impact by helping meet India's increasing electricity demand. Beyond the Project, IFC anticipates that the investment will improve market integration by enabling the generation and transmission of power from renewable rich states to renewable deficient states through the national grid. The Project will also increase market competitiveness by demonstrating scaling up of a new and efficient module technology to meet ambitious national targets.