devinitorg/iati-policy-markers huggingface dataset:
SHTF Sec II The proposed project envisages a rupee denominated investment into securitized assets of Shriram Transport Finance Company Limited (SHTF) through Pass Through Certificates (PTCs) of up to USD 300 million equivalent (of which up to USD150 million will be through IFCs own account and remaining through mobilization). The proposed project supports vehicle financing for micro, small and medium enterprises (MSME), particularly the micro segment, with a focus on the low-income states (LIS) and rural regions of India. The Covid-19 pandemic has aggravated the already weak economic environment for this segment since they are less resilient to exogenous shocks. Thus, this investment is part of IFCs systematic effort to infuse confidence back into the market through innovative capital market instruments such as securitizations. These instruments will provide liquidity to the extremely important MSME segment through NBFCs, and enable resilient business recovery. Stakeholders impact: 

Improved access to finance for MSMEs in the transportation sector: The MSME sector is extremely critical for the development of the country as it accounts for over 30% of the GDP and provides employment to more than 110mn people. The Covid-19 pandemic has aggravated the already weak economic environment for the MSME sector, and continuing to provide access to finance to MSMEs will be crucial to ensure their sustained recovery from the pandemic. The proposed investment would support access to finance to MSMEs, particularly micro enterprises, for purchasing commercial vehicles, focusing on MSMEs in underserved areas like low-income states and rural regions of India. 

Market impact:

Beyond the project level outcomes, IFC anticipates the investment to promote greater resilience in the market via innovation, demonstration, and replication channels. This project will signal confidence in financing MSMEs, and support an increase in financing to MSMEs, especially micro-enterprises. The project also supports integration of the securitization market in India, by attracting long term capital from institutional investors.
Ocimum Bio Project Ocimum Biosolutions Ltd. (Ocimum or the company) is a small sized, fast growing firm that provides contract research outsourcing (CRO) services to pharmaceutical and biotechnology companies & research organizations globally. Ocimum, with India as its base and subsidiaries in the US and Germany, recently acquired the Genomic Diagnosis Division of MWG Biotech AG, Germany (MWG) and integrated it into its Indian operations. Ocimum offers services to universities, research centers, various labs and pharmaceutical companies including basic human disease research, genetic analysis, pharmaceutical drug discovery and development, pharmacogenomics, toxicogenomics and clinical diagnostics.  It plans to invest in research and development (R&D) infrastructure and for expansion into new business lines.  The company had originally requested IFC to subscribe up to $5.0 million of equity to fund its growth plans.  Since the release of the original SPI on April 27, 2006, IFCs investment has been increased to an amount of up to $6.5 million to better serve the companys business requirements. Out of this, up to $3.9 million will be in the form of equity and up to $2.6 million will be in the form of debt.
United Phosphorus Limited UPL is the largest generic agrochemical company in India.     The project consists of a corporate restructuring and an investment program which includes: (i) refinancing a portion of the companys debt to extend maturities; (ii) rationalizing of the companys cost base through modification of the plant processes and moving the UK production facility to India; and (iii) increasing the companys global presence through acquiring product registrations in developed markets.    IFC investment will help the Indian government to pursue its goals in the corporate restructuring by attracting foreign investment. IFC investment will also contribute to creating a world-class agrochemical company in India.
Max Phase II The project consists of financing the expansion of Max Healthcare Institute (Max Healthcare or the company) in India over the next two to four years. Max Healthcare currently operates five hospitals primarily in the North Capital Region, which includes New Delhi and its approximate surroundings. The project includes adding about 452 beds to its existing 742 beds capacity and aims to address the strong demand for quality healthcare services in India and particularly in Delhi. Max Healthcare plans to expand its presence to about 1200 beds by 2010. The project will expand healthcare infrastructure and thus provide greater access to quality healthcare services to increased numbers of patients in NCR and beyond Delhi. The project also complements the Government of Indias endeavors to expand access to healthcare, including provision of healthcare to government employees. It is also expected to create over 4500 jobs  (medical industry and during the construction phase).
Apollo Specialty Apollo Health and Lifestyle Limited (AHLL) is expanding its network of smaller-format healthcare centers, including primary care clinics, diagnostics, short stay surgery centers, maternity centers, dialysis, and dental care  (the Project). 1.	Long Term Strategic Partnership: Apollo values its longstanding relationship with IFC, including IFC''s rich experience and deep sector knowledge in the healthcare sector in India.  2.	Demonstration Effect: As smaller-format healthcare provision is still a relatively small sector in India and many other emerging markets, IFC''s investment will have a valuable demonstration effect to other potential investors, who will see how such models of care can be successfully established in emerging markets.  3.	E&S Best Practices: IFC will promote adherence to best practices in E&S, including life and fire safety. This strong oversight of E&S will be especially valuable given the number of new facilities which are being funded by the Project.
Continuum Green Continuum Energy Levanter Pte Ltd. (Issuer), a wholly owned SPV of Continuum Green Energy Ltd, Singapore (Continuum or the Company) aims to issue its maiden green bond of US$500-600 million, to be listed on the SGX. The proceeds of the Green Bond will be used to refinance the project debt at six of its operating entities of the Continuum Group which together will form part of a bond issuing Restricted Group (RG1). RG1 has an aggregate capacity of 722.9MW, comprising operational wind and solar assets which have the States of Madhya Pradesh and Maharashtra as off takers and Power Purchase Agreements with C&I customers in the States of Gujarat and Tamil Nadu. The project will contribute towards long term sustainability of the power sector with wider stakeholder effects and demonstrated competitiveness of C&I segment.
Cholamandalam DBS Finance Limited Cholamandalam DBS Finance Ltd. (Chola or the Company) is a Non-Banking Finance Company (NBFC) with its core business of providing finance to Commercial Vehicles (CVs) is also into Home Equity (HE) loans and has pan India operations. Chola needs to recapitalize the company in order to provide capital for growth. The capital will primarily be used to facilitate this as well as to increase its footprint across India, including in underserved semi urban and rural areas. Sustained access to road transport infrastructure finance: Chola is focused on smaller CV financing to small road transport operators to first time users which provide the last mile connectivity, a critical logistic link in the transport infrastructure chain.  Supporting Chola will ensure continued access by a substantial franchise of more than 150,000 small operators for CV finance. 

Increased access to finance to the MSME segment: Chola's growth focus will continue to remain in rural areas serving the financially underserved population.  The Company plans to penetrate deeper into the rural areas, by financing CVs and through loan against property and expects to increase its outreach to more than 500,000 customers in 3 years.   

Demonstration effect through consolidation of large NBFC: The proposed project will help the company to restructure its capital and consolidate its position. IFCs investment will further strengthen the Company's consolidation efforts and have a demonstration effect in the NBFC sector.
Indecomm Corporation Indecomm Corporation (Indecomm or the company) is an outsourcing company located in Bangalore, India that uses proprietary document management technology to provide high quality document and transaction processing services to the financial services industry.  The company was founded in July 2003 from an earlier company called TRRS Imaging.

The purpose of the project is to provide Indecomm with capital to expand business activities and facilities in India.
Yes Bank II Founded in 2004, YES Bank Ltd. (YES Bank or the Bank) is the 4th largest private sector bank in India, with an asset base of c.US$18 billion (FY13). It has a widespread branch network of over 500 branches spread across 350 cities with more than 1100 ATMs. It is one of the fastest growing private sector banks, with the banks loan book growing at a CAGR of 38%, over the last 5 years. The Bank has steadily diversified and increased its SME and retail portfolio, which presently comprises 36% of its loan book. As part of its strategy, the Bank aspires to increase the proportion of the SMEs to 50% over the next five years. Access to finance: MSMEs are a critical segment of the economy contributing 17% of GDP and responsible for 47% of total workforce in the Indian economy. At a time when most banks move to larger/safer credits, IFC''s dedicated MSME line will enable YES Bank to continue its program of reaching incremental MSMEs and agri customers. IFC''s credit line will deepen the partnership in this important market segment, enabling YES Bank to utilize its growing, high quality networks and execution capabilities to serve these high priority customers, which IFC cannot reach on its own. In addition, IFC funding will add the much needed resources to YES Bank''s MSME lending program enabling significant additional numbers of MSME and agri customers to be served.  Expanding Network:  YES Bank plans to grow its branch network from the present 500 branches to 600 branches in FY14 and 750 branches in FY15. A part of the expansion will be in the low income states, and the expansion will primarily focus on increasing the Bank''s MSME, agri and retail franchise, in order to diversify its client base and increase savings mobilization.
ORIENTAL INFRATRUST IFC has provided financing to Oriental InfraTrust (the InvIT), an investment vehicle that has acquired 5 operating road assets developed by Oriental Structural Engineers (OSE). The transaction involves IFC investment of up to INR 6,825 million including up to 14 years tenor debt of up to INR 4,875 million and investment of up to INR 1,950 million in the units of the InvIT (the Project). 1.	Market Creation & Demonstration Impact: Successful financing of the Project would demonstrate the feasibility and sustainability of large scale de-risked infrastructure assets in the country. The InvIT structure has a potential to be replicated in various other sectors in India and could help in attracting investments from large pension funds and insurance companies.

2.	Benefits to the local economy: India due to its size and diversification has the potential to become a regional logistics and distribution hub. The road sector is a critical component of economic growth and inclusion in India. Indian roads are severely constrained in transport capacity with wide regional imbalances. New investments in transport infrastructure would heighten efficiency, productivity, quality and access and can have spillover effects on priority sectors in India, such as agriculture, manufacturing and tourism.
Varun Shipping Company Limited II - 1st A and B loan tranche Summary Of Project Information (SPI)       Project Name    India: Varun Shipping Company Limited -             Region    Asia        Sector       Project No007107   Projected Board DateJanuary 2, 1996   Company NameVarun Shipping Company Limited   Technical Partner and/or Major Shareholders    	Varun is a publicly listed company on the Bombay Stock Exchange. Major shareholders are the Khatau family (26.0%), Unit Trust of India (9.0%), other Indian financial institutions (5.0%) and IFC (4.8%). The general public holds 55.2% of Varuns shares.    Project Cost Including proposed IFC investment    	Estimated project cost is up to US$73.5 million, including the investment in 5 secondhand vessels. IFC has been asked to consider an A loan, for IFCs own account, for up to US$10 million; a B loan, for the account of participants, for up to US$20 million; and an investment of up to US$4.5 million in newly issued equity for a maximum of 5% of the Companys shareholder capital, increasing IFCs total shareholding to a maximum of 9.8%.    Location of project and Description of site    	Varun is headquartered in Bombay in the state of Maharashta, India. Ships are trading on international cross trades, India-related import and export trades, and coastal trades.    Description of Company and Purpose of Project    	Repeat Investment - Varun is one of Indias major private shipping companies, operating a fleet of 10 vessels in the product tanker sector, dry bulk sector and off-shore supply vessel sector. The project is to expand and diversify Varuns fleet by acquiring 5 secondhand vessels, increasing Varuns current tonnage of 206,306 DWT to approximately 315,000 DWT. This will enable Varun to participate in the expected increase in India-related trades and international cross trades. The investment program will also help to increase Indias shipping tonnage, which is an important goal of the Government of India.    Environmental Category and Issues    	This is a category B project according to IFCs environmental review procedures. Environmental issues associated with this project include air emissions, liquid effluents, spill prevention, hazard control, fire prevention, emergency response and marine safety. Varun will operate its new and existing vessels in accordance with all applicable International Maritime Organization (IMO) pollution prevention and safety standards, and its other operations in accordance with relevant World Bank policies, and general environmental, health and safety guidelines established for this project.    The  is  December 14, 1995 from the Public Information Center.       Date SPI sent to PIC     December 1, 1995      For Additional Information contact:  Corporate Relations Unit -   telephone: (202) 473-7711   facsimile: (202) 676-0365  Environmental documents for this project are available at http://www.ifc.org and from the World Bank InfoShop (http://www.worldbank.org/html/pic/aboutinfo.html).
Owens Corning II Owens Corning (India) Ltd. (OCIL or the company), an existing IFC client, is the largest fiberglass manufacturer in India. The company has been expanding its manufacturing capacity from approximately 36,000 tons per annum (tpa) to 51,500 tpa at a cost of $39 million. The project comprises:   - rebuild, modernization & expansion of the existing glass melter,  - installation of additional downstream equipment to pull increased volumes of glass fiber, and  - energy and efficiency improvements.  OCIL has a world-class, state-of-art glass-fiber manufacturing facility at Taloja, 40 miles from Mumbai in the state of Maharashtra. OCIL is one of the lowest cost producers of glass-fiber amongst parent company Owens Cornings (US) stable of glass-fiber factories worldwide. OCIL manufactures three main lines of products:  - chopped strand mat; - rovings (a slightly twisted strand of fibers); and  - T-30, used in the composites industry.   In late July 2005, OCILs plant in Taloja was severely affected by heavy rains and the resultant massive floods. The plant had to be closed down for safety reasons and to limit damage to equipment and property. Prior to the floods, OCIL had proposed a cold repair for the melter including some modifications and ancillary repairs. The stoppage of the plant provided OCIL an opportunity to rebuild the melter completely to a capacity of 51,500 tpa to meet growing domestic demand. However, downstream fiberglass pulling capacity remains at 38,000 tpa and needs to be expanded so the the company can fully utilize the new melter. IFCs investment is expected to reinforce OCILs ongoing contribution in building a sustainable domestic fiberglass sector. In many applications, fiberglass provides a better alternative to traditional materials such as steel, wood and aluminum, in terms of cost and durability. OCIL, through working directly with fabricators and end users to develop applications, has actively helped the market grow in India by educating customers on the advantages of fiberglass reinforced plastics. Given Indias very low per capita consumption of fiberglass, there is considerable scope for catch-up growth. Industries in India that stand to benefit from increased use of composites include infrastructure, electrical equipment, telecommunications, building and construction, automotive, and marine. Fiberglass is a key input to Indias growing wind turbine manufacturing industry.
1mg Project In 2012, a digital health platform called HealthkartPlus was started as a division within BLPL (Bright Lifecare Private Limited). In 2015, this was de-merged and transferred to 1MG Technologies Private Limited (1mg or the Company).  1mg was incorporated in April 2015 with Prashant Tandon and Gaurav Agarwal as founders. It currently operates as an online marketplace for:  (i)              sale and purchase of pharmaceutical products (comprising over-the-counter (OTC) drugs and prescription drugs), wellness products and fast-moving consumer goods by various third party pharmacies and manufacturers.;  (ii)            diagnostic services being offered by various third party diagnostic centers; and  (iii)          online medical consultancy services/ second opinion being offered by third party independent doctors  using the domain name  www.1mg.com , an internet based portal and 1MG a mobile application. It is the largest digital healthcare platform in India ( https://www.1mg.com/aboutUs ).  1mg acquired LFS Healthcare Private Limited (Droplet) and Delhi Mediart Private Limited (DMPL) (wholly-owned subsidiaries of 1mg) in FY18 which is engaged in the business of providing home collection solutions for diagnostic services and wholesale trading of pharmaceuticals, healthcare and personal-care products respectively.  The Company is raising finance to support its continued growth. The expected development impact of the project includes i) increased access to affordable and safe medicines, ii) integrated approach to chronic diseases, online consultations and diagnostic services, iii) increased efficiency and productivity for hospitals and retail pharmacies, and iv) improving nationwide connectivity between patients and suppliers of medicines
RSE COVID DCM The Project is a 700 tons per day (TPD) brownfield expansion of its chlor-alkali plant at Bharuch (Gujarat, India), along with a 500 TPD flaker plant and a 120 megawatt captive power plant ('The Project). The Project is expected to cost approximately US$143  million. IFCs proposed investment of up to INR 3 billion (~US$ 40 million) in DCM Shriram Limited (DCM or the Company) would be used to fund the chlor-alkali plant expansion and flaker plant (costing US$89 million) along with long term working capital and routine capex. The captive power plant will be funded through the companys internal cash flows. (i)Employment: IFC's financing will also help to add  approx. 100 permanent skilled jobs and 250 temporary jobs and preserve 800 temporary jobs during construction, as a result of the expansion. 
(ii) Supply chain: The expansion will ensure the availability of caustic soda at competitive prices, and key raw materials to downstream industries such as aluminum, paper, detergents, agro-chemicals, and pharmaceuticals. 
(iii) Resilience: IFCs investment is intended to promote the resilience of real sector markets, by ensuring continued supply of goods and services in sectors affected by reduced demand, price reductions and exchange rate volatility thereby mitigating the effects of the economic downturn. The chemicals sector, an important sector in India is already exposed to the effects of severe supply chain disruptions and slowing economic growth
Granules Project Granules India Limited (Granules or the company) is a leading Contract Manufacturing Organization supplying high volume Active Pharmaceutical Ingredients (APIs) and Pharmaceutical Formulation Intermediates (PFIs) to the bulk over-the-counter (OTC) drugs industry in the US, Europe, Latin America, Australia and India. Granules has three wholly-owned manufacturing plants in India and one plant in China through a 50:50 joint venture (JV). The company is undertaking an investment program estimated to cost about $32 million, comprising of:   - setting up a 6 billion per annum multi-product tableting plant;  - setting up a 3,600 TPA paracetamol API plant; - installing an additional 3,600TPA of paracetamol PFI capacity;   - investment in a JV in China for ibuprofen API with a capacity of 3,800TPA; and  - development and registration of new products. The projects major development impacts include:   - promotion of knowledge transfer and technical skills development of the company and its staff resulting from an increased focus on the regulated pharmaceutical markets;  - setting higher standards for product quality and process efficiencies for the other local pharmaceutical companies;  - extension of the companys expertise and know-how to its joint venture operation in China; and - increasing access to high quality, affordable drugs in unregulated markets.
IDFC Climate Change Loan The project involves providing a rupee loan equivalent to $75 million to Infrastructure Development Finance Company Ltd (IDFC or the Company) to be utilized for making investments in renewable energy (RE) and cleaner production (CP)/ energy efficiency (EE) projects. This project is part of IFCs climate change strategy of partnering with financial intermediaries to scale up the impact for climate change projects in India.

IDFC was established in 1997 as a specialized financial intermediary to lead private capital into commercially viable infrastructure projects in India. Over the years, IDFC has grown into one of the leading financial institutions in India and is the largest financial institution in India exclusively focused on infrastructure financing. It also has a strong track record in offering policy advisory services to central and state governments. In recent years, IDFC has been focusing on de-risking its business model by diversifying into non-interest income based businesses, such as proprietary equity investments, asset management and investment banking. It currently has an asset base of around US$7 billion equivalent, a net worth of around $1.5 billion equivalent and reported a net profit of $158 million for the 9 months ending Dec 31, 2009. The expected Development Impact of the Project is as follows:

Institution building: This project will help IDFC scale up its capacity to assess renewable energy/ energy efficiency projects through sharing of IFCs experience and knowledge of these sectors worldwide. 

Wider impact: Through the proposed facility, IDFC and IFC will be able to leverage each others strengths, IDFCs client reach in the local market and IFCs expertise in climate change projects, to achieve a wider scale and impact on climate change investments in India.

Demonstration effect: Expansion into climate change areas by a leading financial intermediary like IDFC is expected to help attract other financial institutions to increase their risk appetite and invest more in these sectors.