BUSINESS ADVISORY SERVICES

iDeCK provides strategic and financial consulting services to clients that include Governments, regional and global organizations, and corporates. We have rich experience in helping clients steer through various economic cycles – boom, slowdown, and cautious revival phase. Our team has offered innovative solutions for infrastructure development from concept to implementation – contributing across the entire project lifecycle.

We understand the long term nature of infrastructure contracts, and support our clients on projects that are bankable and sustainable. We focus on an equitable distribution of risks and responsibilities. We offer assistance to clients in their decision making process, ensuring a robust project that also attracts private capital.

iDeCK works closely with the various arms of IDFC, our parent organization in delivering advisory services engagements to ensure high quality of deliverables.

Given IDFC’s experience with projects (either by way of debt or equity), this engagement gives us deep insights into the thinking of various stakeholders across the project life cycle. The IDFC institute is a think-tank working exclusively in the area of policy, institutional reform and governance. This body of knowledge within the IDFC ecosystem is leveraged at a no-cost-to-client basis by different business groups and practice areas within iDeCK.

We put together a diverse and dedicated multi-disciplinary team for each assignment. Each member goes through extensive training to deliver high quality, implementable solutions. The mix helps us to adopt a creative and cross-functional approach, which has been well-appreciated by all our clients.

Services Offerings

  • Policy preparation
  • Sector strategies (national and sub-national)
  • Urban finance strategies and frameworks
  • Tariff frameworks
  • Economic impact assessment
  • Financial feasibility studies
  • Risk identification and mitigation strategies
  • Project structuring
  • Contract documentation
  • Transaction advisory services for implementation of PPPs
  • Programme management support
  • Business plans
  • Fund syndication
  • Bid process management
  • Bid documentation

Business Practice Verticals

URBAN

TRANSPORTATION

ENERGY

TOURISM

IT & eGOVERNANCE

HEALTHCARE

SKILLS & EDUCATION

INFRASTRUCTURE & TECHNOLOGY

SKILL DEVELOPMENT & CAPACITY BUILDING

  • Business Consulting

  • Entry Strategy

This could be leveraged by a business operating in India in one domain, and looking at entering newer spaces outside of their current operations. This could also benefit entities outside of India, interested in entering the infrastructure space in India. With our extensive experience, we are best poised to offer advice on business, economic, and political factors that could impact investment decisions.

  • Business Plans / Restructuring

Given our domain expertise and understanding of operations, we are well positioned to assist in the preparation of business plans/restructuring of companies to redirect their focus and turn them around for profitability. We have been involved in the restructuring of four Government promoted entities in India.

iDeCK’s Business Advisory Group focuses on the corporate sector, helping clients enhance their competitiveness along the various segments of their value chain. We provide consulting services in strategy, policy advisory, operations improvement and corporate finance. A large part of our corporate clients is spread across these eight industry verticals.

  • Urban
  • Transportation
  • Energy
  • Tourism
  • IT & eGovernance
  • Healthcare & Lifesciences
  • Skills & Education
  • Infrastructure & Technology

Our clients include Government departments, multilateral organizations, corporates, family-managed businesses and industry associations.

  • Financial Advisory

We take on financial structuring of a project, including sourcing of finance and risk mitigation.

  • Debt Restructuring

Given our background, we have regular deep interactions with various investors such as banks and financial institutions. Our team undertakes project appraisals for our internal purposes from an investment perspective and also manages funding mandates for corporates and Governments. We also handle debt structuring activities, essential to lower stress on cash flows ensuring that projects remain as standard assets with their financiers.

  • Fund Syndication

Corporates have large funds requirements by the way of debt and equity for timely financial closure of their projects. iDeCK has a full-fledged syndication, structuring and advisory division (BAG) offering a wide range of financial services. BAG has a team of qualified professionals, equipped to address the special needs of clients’ and provide smart solutions. The team takes a transparent approach and a balanced view on the risk perceptions of projects. Our service offering includes:

  • Rupee Debt Syndication (term loan and working capital)
  • Underwriting of debt
  • Arranging ECB, FCCB, ECA and other types of FC funding
  • Equity syndication/placement of private equity
  • Arranging M&A funding
  • Private placement of bonds/debentures/preference shares
  • Appraising and structuring of financial packages
  • Feasibility

We undertake feasibility studies to determine a project’s viability, helping clients make a decision on whether to proceed with the project. Typical studies cover aspects such as markets, competition, project cost, revenue projections, returns, risks and the legal and regulatory environment.

  • Project Structuring

Project structuring involves addressing concerns and meeting the requirements of diverse stakeholders, addressing legal and regulatory issues, and capital structuring. This is converted into contracts that clearly define roles, responsibilities, and risks allocated to each partner.

  • PPP Advisory

Our team brings unique ideas; effective marketing to potential bidders along with transparent, well-documented and quick processes that ensure the best long-term value for Government entities when they structure Public-Private Partnership projects. We also offer advisory services to private sector clients planning to bid for infrastructure projects through PPP.

  • Transaction Advisory including Due Diligence, Valuations, Economic Analysis

iDeCK takes a holistic approach to Transaction Advisory that reflects a thorough knowledge of the individual activities and how, integrating these activities can impact a transaction leading to its success.

While investors need accurate information to make critical decisions, such information is not readily available and is often difficult to evaluate. The success of a deal may hinge on the ability to discover and analyse these hard-to-find insights.

  • Strategic Initiatives and Special Projects

We offer technical, financial, and commercial due diligence for projects on behalf of investors, lenders, and investees.

We collaborate with you to understand the objective of the transaction and define the best possible roadmap to take project forward. We advise you during the initial evaluation by discussing the transaction structure, the financial terms, outlining the preferable terms and suggesting various alternatives. Based on our understanding the objective and the prevailing regulatory environment, we suggest possible options/structures. We will flag issues that arise from our understanding of the various aspects governing a possible transaction to ensure effective decision making from your end.

iDeCK is the fund management agency for PDF (Project Development Fund) earmarked for infrastructure project development, and vested (with iDeCK) by the Government of Karnataka. iDeCK initiates the development of infrastructure projects (in association with other Government agencies) to be implemented through private participation.

iDeCK identifies infrastructure projects (in association with Government agencies) that could be implemented through private participation. The PDF is then utilized in:

  • Defining the scope of services for project preparation studies
  • Technical studies
  • Demand studies
  • Financial viability analysis
  • Project structuring for private participation
  • Bid documentation
  • Bid process management including project marketing to prospective bidders
  • Assistance to the Government agencies in negotiations and agreement, with the selected private developer
  • Governments & Multilaterals Group

Helping Governments achieve better efficiency

iDeCK’s Business Advisory Group focuses on helping governments enhance their efficiency, impact, and outcomes at various levels. We do this by offering assistance in institutional reform, governance, and capacity building in Government departments/organisations. We work with Governments at all levels – local, state, national and International. The functional nature covers policy, long term planning, administration and control, fiscal management, and e-governance.

We have a talented core team of in-house consultants, an extensive database of on-call external experts, and partnerships with various collaborating institutions.

We catalyse a synergy of natural and social sciences, engineering and management, to provide clients with cutting edge consulting solutions.

Reflecting this, the group’s technical assistance and consultancy services range from single-person projects to full-fledged teams. We have proven expertise in handling projects varying from a few days, to several years.

With a track record of over 700 consulting assignments, iDeCK services clients in SAARC and other countries across South East Asia and Africa.

Within the Government & Multilaterals Group, one area of focus is our Development Consulting Practice which provides services across the entire development spectrum. Its expertise spans social (education, health, livelihoods, poverty, resettlement & rehabilitation), technical (environment, energy efficient, renewable energy, forest management) and sustainability services (disaster management, risk mitigation, climate change, and corporate social responsibility).

Key Project Experience

TRANSPORT

ROADS

Preparation of Financial Feasibility Study and Transaction Advisory Services, Traffic Studies for over approx. 7000 Kms road networks in states of Bihar, Gujarat, Jharkhand, Karnataka, Kerala, Maharashtra and Telangana

Various Govt. Clients

Bid Advisory for various private sector entities for road projects in the states of Andhra Pradesh, Gujarat, Karnataka, Punjab, Tamil Nadu and Telangana

Various Private Sector Clients

Consultancy Services for Preparation of Feasibility Study including Transaction Advisory Services Greenfield Expressway for Ranchi – Bokaro – Dhanbad – Jamsedpur (200 Kms)

State Highway Authority of Jharkhand (SHAJ), Government of Jharkhand

Preparation of Template Model RFQ, RFP, Concession Agreement, Independent Engineer, Statutory Auditor Documents and Financial Model for annuity and hybrid annuity projects for the state of Maharashtra

Public Works Department, Maharashtra

RAIL

Preparation of business plan for Rail Infrastructure Development Company (Karnataka) Ltd., (K – RIDE) for development of rail projects in Karnataka

Infrastructure Development Department, Government of Karnataka

Financial Evaluation and Legal Documentation for the Development of Hassan – Mangalore Rail Line through a SPV on a commercial format

Infrastructure Development Department, Government of Karnataka

Tying up of Equity Financing and Debt Funds for Implementation of the Hassan – Mangalore Gauge Conversion Project

Hassan-Mangalore Rail Development Corporation Limited (HMRDC)

Traffic Studies and Financial Feasibility for the Development of New Rail line between Talaguppa and Honnavar, Karnataka and Bagalkot – Kudachi, Karnataka

Rail Infrastructure Development Company (Karnataka) Limited (K-RIDE)

Preparation of business plan, capital and estimates of O & M requirements for gauge conversion/development of new railway lines in the state of Karnataka

Infrastructure Development Department, Government of Karnataka

PORTS

Transaction Advisory Services for development of multipurpose/bulk cargo/Container berths through PPP at various major ports

Various Port Trusts (Cochin, Kandla, Kolkata, Marmugao and New Mangalore)

Advisory Services for Development of Sea Ports (Tadadi and Pavinakurve) in the state of Karnataka on PPP Basis

Infrastructure Development Department, Government of Karnataka

Preparation of Business Plan and Transaction Advisory for the Concession of Onitsha, Lokoja, Baro and Oguta River Ports, Nigeria

National Inland Waterways Authority, Nigeria

Preparation of Master Plan for Re-development of Willingdon Island in Cochin

Cochin Port Trust

Structuring and Operationalising of the Port Fund

Department of Ports & Inland Water Transport, Government of Karnataka

AIRPORT

Advisory Services for Development of Airports in the State of Karantaka (Shivamogga, Gulbarga, Bijapur and Bellary)

Infrastructure Development Department, Government of Karnataka

Preparation of State Perspective Civil Aviation Plan

Infrastructure Development Department, Government of Karnataka

Consultancy Services Development of Greenfield Airport at Sindhudurg in Maharashtra

India Infrastructure Initiative (Principal Client to Maharashtra Industrial Development Corporation (MIDC), Maharashtra),

Drafting of a Policy Framework for Development of Minor Airports in Karnataka

Infrastructure Development Department, Government of Karnataka

LOGISTICS

Consultancy Services for Preparation of Integrated Logistics Policy for Gujarat

Gujarat Infrastructure Development Board

Market Analysis and Location Identification for Logistics Park in & around Bengaluru, Karnataka

D. Devaraj Urs Truck Terminals Limited

Development of Logistic Parks at Harohalli & Hassan, Karnataka

Infrastructure Development Department, Government of Karnataka

Optimal Location Study to develop Inland Container Depots (ICD) & Container Freight Stations (CFS) across Karnataka

Visvesvaraya Industrial Trade Centre, Govt. Of Karnataka Centre for Export Promotion (VITC)

Feasibility Study for development of truck terminals, logistics parks at various locations in the states of Karnataka and Jharkhand

Karnataka Urban Infrastructure Development and Finance Corporation (KUIDFC) and Jharkhand Urban Infrastructure Development Company Limited

URBAN

WATER & WASTE WATER

Preparation of Financial Feasibility Study and Transaction Advisory Services, Traffic Studies for over approx. 7000 Kms road networks in states of Bihar, Gujarat, Jharkhand, Karnataka, Kerala, Maharashtra and Telangana

Various Govt. Clients

Advisory Services for Reuse of Treated Waste Water in Gujarat

Gujarat Water Supply & Sewerage Board

Transaction Advisory services for water supply programme for peri urban areas in Uttarakhand

State Water & Sanitation Mission, Department of Drinking Water & Sanitation, Govt. of Uttarakhand

Transaction advisory services for the identification of technical auditor and operations consultant for World Bank assisted Karnataka Urban Water Sector Improvement Project (KUWASIP)

Karnataka Urban Infrastructure Development and Finance Corporation, Government of Karnataka

Up-scaling of 24×7 water supply project in Karnataka cities on PPP in: Gulbarga, Hubballi – Dharwad, Belagavi

Karnataka Urban Infrastructure Development and Finance Corporation, Government of Karnataka

Transaction Advisory Services for water supply for Adityapur and Ramgarh towns including technical Studies, Jharkhand

Jharkhand Urban Infrastructure Development Company Limited

SOLID WASTE MANAGEMENT

Transaction Advisory Services for India’s first scientific landfill facility under a PPP framework in Bengaluru, Karnataka

Bruhat Bangalore Mahanagara Palike (Bangalore City Corporation)

Management of collection and transportation in Bengaluru (198 wards)

Bruhat Bangalore Mahanagara Palike (Bangalore City Corporation)

Implementation of collection and transportation action plan for Thiruvananthapuram Municipal Corporation and in the select zones in Delhi

Various Municipal Corporations in Kerala and Delhi

Waste processing and engineered sanitary landfills in Bangalore, Visakhapatnam, Thiruvananthapuram, 8 ULBs in Karnataka

Various Municipal Corporations in Andhra Pradesh, Karnataka and Kerala

SANITATION

Assistance to Tirupati Municipal Corporation and Shimla Municipal Corporation in developing efficient and sustainable O & M models for public toilets in Tirupati under the National Urban Sanitation Policy in India – (GIZ)

GiZ (The Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH)

Study of the sanitation landscape of Karnataka state for identifying critical cities for future improvement initiatives

Bill & Melinda Gates Foundation (BMGF)

URBAN TRANSPORT ( RAIL BASED )

Transaction Advisory services for development of various properties/stations of Bangalore Metro Rail Corporation Limited

Bangalore Metro Rail Corporation Limited

Preparation of Model Concession Agreement for Metro Rail Project through BOT and Hybrid Model

Asian Development Bank

Advisory Services for Development of a High Speed Rail Link to Bangalore International Airport at Devanahalli, Bangalore

Infrastructure Development Department, Government of Karnataka

ENERGY

GROUND MOUNTED SOLAR

Advisory services for development of 760 MWac solar power plants in Karnataka and 2 MWac of floating solar PV power project on water bodies

Karnataka Renewable Energy Development Limited (KREDL)

ROOFTOP SOLAR

Advisory services for the development of Solar PV power plant over car parking – 1.1 MWp

Pilikula Nisargadhama

Rooftop solar across 530 colleges and universities under the Department of Higher Education across 30 districts of Karnataka – 60 MWp

Department of Higher Education Karnataka, India

Development of rooftop solar power plants in all the govt-owned buildings – 5MWp

Patna Smart City Limited

TOURISM

TA services for International Convention Centre, Bangalore worth INR 1000 Crores

Department of Tourism, Government of Karnataka

Successfully bid out about 40 tourism properties in Karnataka

Department of Tourism, Government of Karnataka

Transaction Advisory services for 27 tourism properties in Jharkhand

Jharkhand Tourism Development Corporation (JTDC)

Transaction Advisory services for development of about 9 Dam sites in Karnataka & Jharkhand

Cauvery Neeravari Nigama Limited (CNNL), Karnataka Neeravari Nigam Ltd. & Directorate of Tourism, Government of Jharkhand

TA services for beachside luxury hotels in Andaman & Nicobar Islands and Daman & Diu

Department of Tourism, Andaman & Nicobar Administration & Omnibus Infrastructure Development Company (OIDC)

BUSINESS RESTRUCTURING/INSTITUTIONAL STRENGTHENING AND REFORMS

Advisory Services to Bangladesh Infrastructure Finance Fund Limited (BIFFL)

Asian Development Bank

Financial Structuring for Cauvery Handlooms

Karnataka Co-op Handloom Weavers Federation Limited

Selection of a private partner for leasing out Operations of MPM

Mysore Paper Mills Limited

Preparation of business plan and revival scheme for Karnataka Handloom Development Corporation

Karnataka Handloom Development Corporation

Preparation of PPP Manual for mainstreaming PPPs in India

Asian Development Bank

Preparation of Public Private Partnership Project Handbook https://www.pppinindia.gov.in/documents/20181/33749/ PPP+Guide+for+Practitioners/

Infrastructure Development Department, Government of Karnataka

Preparation of framework for managing Urban Transport Funds set up of Government of Karnataka

Directorate of Urban Land Transport

Restructuring of Karnataka Urban Water Supply & Drainage Board

Karnataka Urban Water Supply & Drainage Board

DEBT AND EQUITY FINANCING

Operating the Project Investment Fund (PIF) of the Government of Karnataka from the year 2000, including formulation of operating procedure and management

Infrastructure Development Department, Government of Karnataka

Operating the Project Development Fund (PDF) of the Government of Karnataka from the year 2000, including formulation of operating procedures and management

Infrastructure Development Department, Government of Karnataka