India Infrastructure Fund

South Asia Communications and IT Services, Infrastructure, Health

This is an infrastructure fund investing in India.

This investment was made under a previous strategy. We disclose information on all our current investments, but narrative information on our pre-2012 investments, when we introduced a new strategy, may be limited.

Key facts

Status:
Active
Region

Since 2012, we’ve only invested in Africa and South Asia. Investments outside these regions are from our pre-2012 portfolio.

:
South Asia
Countries

For funds, the countries listed here are those the fund has invested in so far.

:
India
Sector

We have seven priority sectors. However, we continue to invest outside these sectors, largely in the most challenging regions, as new investment supporting any sector helps to underpin the private sector, and create jobs and livelihoods for people. For funds, the sectors listed here are those the fund has invested in so far.

:
Communications and IT Services, Health, Infrastructure
Investment type

We provide capital in three broad ways: direct equity, debt, and intermediated equity (principally through investment funds).

:
Intermediated investment
Fund manager:
IDFC Project Equity
Start date

For direct investments, this is the date CDC committed capital to the business or project.

For funds, this is the date that CDC committed capital to the fund.

For underlying fund investments, this is the date that the fund invested capital into the business.e

:
March 2008
Amount

For direct investments, this is the total amount that CDC has committed to the business or project (it may be a combination of equity and debt).

For funds, this is the total amount that CDC has committed to the fund.

:
$100m
Domicile

This is the investee company’s place of incorporation; or a fund’s jurisdiction.

:
Mauritius

Investments made by this fund

  • Active
  • Exited
Investment name Country Region Sector Start date Status
Gayatri Jhansi Roadways Limited (GLRL)

Gayatri Jhansi Roadways is building, operating and maintaining a road measuring 50.0km on the NH25-26 in state of Utar Pradesh. It is owned by Gayatri Projects Limited.

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India South Asia Infrastructure September 2008 Active
Gayatri-Lalitpur Roadways Limited (GLRL)

Gaytri-Lalitpur Roadways is building, operating and maintaining a road measuring 49.3km on the NH25-26 in state of Utar Pradesh. It is owned by Gayatri Projects Limited.

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India South Asia Infrastructure September 2008 Active
Jas Toll Road Company Limited (JAS)

Jas Toll Road Company maintains and operates the toll road stretch of 32.5km between Neelmangala and Tumkur in the state of Karnataka, on the outskirts of Bangalore. This is an operational toll road on the National Highway that connects Bangalore to Pune.

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India South Asia Infrastructure September 2008 Active
Vijaywada Tollway Private Limited (VTPL)

VTPL owns a 15-year BOT concession to upgrade an 82.5 km, 4-lane toll-road in the southern state of Andhra Pradesh to a 6-lane road. The road forms an important link between the industrial cities of Guntur and Vijayawada and the ports of Kakinada and Vishakhapatnam.

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India South Asia Infrastructure September 2008 Active
Hanjer Biotech Energies Pvt Ltd

Hanjer Biotech Energies Private Limited and its subsidiaries are engaged in the business of setting up and operating Municipal Solid Waste(MSW) processing facilities.

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India South Asia Infrastructure May 2009 Active
Ashoka Highways (Bhandara) Ltd

Ashoka Highways is upgrading and 4-laning an existing 80 km section of National Highway 6 in the state of Maharashtra.

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India South Asia Infrastructure July 2009 Active
Ashoka Highways (Bhandara) Ltd

Ashoka Highways is upgrading and 4-laning an existing 80 km section of National Highway 6 in the state of Maharashtra.

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India South Asia Infrastructure July 2009 Active
ACT Telecom Infrastructure Pvt Ltd (formerly VIOM Networks Ltd)

Quipo Telecom Infrastructure Ltd (QTIL) is a telecom tower company in India.

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India South Asia Communications and IT Services August 2009 Active
GMR Kamalanga Fund Energy India South Asia Infrastructure December 2009 Active
GMR Energy Limited / Skyron Eco Ventures (GMR Infrastructure)

GMR Energy Limited (GEL), is the subsidiary of GMR Infrastructure Limited, and is focused on energy assets of the group. GEL has 3 operational plants aggregating to about 820 MW and 10 projects under construction/development.

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India South Asia Infrastructure May 2010 Active
Adhunik Power and Natural Resources Limited

Adhunik Power is implementing a greenfield, coal fired 540MW power project in the eastern state of Jharkhand.

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India South Asia Infrastructure May 2010 Active
Karaikal Port Private Limited

Karaikal is an SPV promoted by Chennai based Marg Limited. It owns a port that has been developed about 320km south of Chennai on the eastern cost of India under a 30 year BOT concession.

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India South Asia Infrastructure September 2011 Active
Sahyadri Hospitals Ltd

Sahyadri Hospitals Limited operates a portfolio of 13 hospitals with ~1000 beds across 6 cities in the western states of Maharashtra and Gujarat.

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India South Asia Health February 2012 Active
Highway Concessions One Pvt Ltd (previously Piramal Roads Infra)

Piramal Roads Infrastructure Limited (PRIL) is a company that bids for and acquires operating and green-field road projects in India. PRIL currently owns equity interests in three operating road assets.

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India South Asia Infrastructure February 2012 Active
GMR Ulunderpet Expressways Ltd

GMR Ulunderpet Expressways Ltd is a special purpose vehicle incorporated for the construction and operation of a 4-laned 73km long toll road connecting Tindivanam and Ulundurpet in Tamil Nadu.

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India South Asia Infrastructure February 2014 Active