INFRASTRUCTURE FINANCE in india

For registration and sponsorship opportunities contact:
Raymol Reji
Email:  raymol@indiainfrastructure.com
Tel: +91-8076218925, 9582232031

INFRASTRUCTURE FINANCE in india

• The Covid-19 pandemic has certainly dampened the prospects for infrastructure The uncertainty surrounding relief packages, growth in infrastructure capex, concerns about inordinate delays and strained project viability have turned investors and lenders cautious.
• The extension of moratoria, provision of credit for relief measures, have left banks with limited headroom for fresh lending towards infrastructure. However, even before Covid-19 led to disruptions, the credit flow of banks had started exhibiting a downward trend. During 2019-20, the credit flow witnessed a marginal decrease of 0.2 per cent as against 19 per cent growth in 2018-19.
• With regard to non-banking financial companies (NBFCs), a range of supportive measures have been announced in the past few months to clean their books to some These include portfolio buyout by banks and relaxation in priority sector lending norms. Furthermore, the pandemic has impacted the borrowers’ repayment capabilities and in turn the liquidity profiles of NBFCs.
• Private equity investments have been on a high growth In 2019-20, an investment of around Rs 700 billion in infrastructure was routed through PE firms and VCs. This year, activity was driven by a spate of PE funding in Jio Platforms. Barring the Jio Platforms deal, the PE/VC environment was tepid in the ongoing fiscal. Only the renewables and logistics sectors were able to find favour among VCs.
• Global investors, including sovereign wealth funds and pension funds, have shown a great deal of confidence in the country’s growth story, the current economic downturn While Covid-19 has deferred their current investment plans, their long-term investment strategy is to stay put in emerging economies such as India through co-investments and direct acquisitions.
• A lot of this institutional investor interest can be seen in With six InvITs already up and running and many more in the offing, the instrument is gradually finding its feet. The product has received significant regulatory attention and there is increasing participation from investors. Although the Covid-19 outbreak has put asset monetisation plans on the backseat owing to valuation concerns, the overall sentiment for InvITs is optimistic. Tata Power and IL&FS recently unveiled plans to launch InvITs.
• As the Covid-19 pandemic has constrained bank credit and government expenditure for the ongoing fiscal, funding from alternative sources will gain more It has been widely acknowledged that new funding avenues have to be developed and tapped for meeting the huge financing requirements and opportunities highlighted under the Rs 111 trillion National Infrastructure Pipeline.
• The mission of this conference is to highlight the current stance of investors and financiers, assess the short-term and long-term outlook for infrastructure financing, identify the preferred routes for investment and the potential of emerging funding sources, and discuss the calibrated approaches investors could opt for in the post Covid-19

CORPORATE BONDs for INFRASTRUCTURE

• Corporate bond issuances have picked up momentum as companies prepare their balance sheets to weather financial uncertainties on account of the Covid-19 During the first quarter of FY2021, Indian corporates raised about Rs 2 trillion through the issuance of rupee bonds. This is a steep increase in contrast to the Rs 1.3 trillion raised through the private placement of corporate bonds during the April-June period in FY2020.
• Several AAA-rated entities including NBFCs tapped the market to raise funds under the Reserve Bank of India’s Targeted Long Term Repo Operations (TLTRO) and LTRO In March 2020, the RBI had introduced TLTRO, under which banks can access three-year funds up to Rs 1 trillion to invest in corporate bonds. Reliance Industries, the Tata Group, Larsen &Toubro, PFC and IRFC were among the big issuers of debt paper during the first quarter of FY2021.
• Green bonds continue to attract a lot of interest from both public and private sector corporations that are opting to raise finance, especially for renewable energy These include Azure Power, NTPC Limited, Greenko, ReNew Power and YES Bank. These bonds have also received marked attention from the regulatory authorities to encourage greater issuances.
• Historically, during the period FY2014 to FY2020, the corporate bond market has grown at a CAGR of about 14 per However, only top-rated bond issuances were able to raise funds. Therefore, there is a need to diversify the investor base and encourage institutional investors to enter the market.
• Further, the pricing of corporate bonds is benchmarked to that of G-Secs of corresponding As a result, the absence of a continuous yield curve for G-Secs and different rating and maturity buckets act as crucial impediments. Going forward, reforms in the area of financial market unification will go a long way in propelling growth in the corporate bond market.
• The mission of this conference is to discuss the recent trends and developments in the corporate bond market, highlight the risks and challenges, and identify future strategies and reform measures to further develop the market for corporate

INFRASTRUCTURE FINANCE in india

RECENT TRENDS, IMPACT OF COVID AND INVESTMENT OUTLOOK

• What are the issues faced in raising funds through bonds? What has been the
• How has the Covid-19 outbreak affected fund-raising activity via bonds?
• What are some of the growth inhibitors for the corporate bond market?
• What is the overall outlook for the segment?

REGULATORY PERSPECTIVE

• How has the corporate debt market evolved over the past few years?
• What are the key reform measures required to push the bond market?
• What are the key challenges?
• What are the potential steps towards establishing a long-term yield curve for bonds?

INVESTORS’ VIEWPOINT

• What is the overall sentiment towards the Indian corporate bond market?
• What is the stance of institutional investors on the potential for corporate bonds?
• What regulatory interventions are required for enhancing the corporate bond market?
• What are the challenges faced in investing in this space?

BANKS AND NBFCS’ PERSPECTIVE

• What has been the experience of NBFCs in the bond market?
• What are the key risks and challenges?
• What are the potential steps to improve the accessibility of the Indian bond market?

FOREIGN INVESTORS’ PERSPECTIVE

• What are the issues faced in raising funds through bonds? What has been theexperience so far? experience so far?
• What are the expectations from the government and the regulator?
• What are the steps required to reduce financing costs in the corporate bond market?

ROLE OF CREDIT ENHANCEMENT

• What has been the overall experience with the partial credit enhancement scheme?
• What are the timelines for setting up a Credit Guarantee Enhancement Corporation?
• What are some of the routes being explored for credit enhancement of corporate paper?

DOLLAR-DENOMINATED BONDS

• What are the latest trends in the offshore bond market?
• What is the global appetite for dollar-denominated bonds issued by Indian firms?
• What are the perceived risks and returns for these bonds?

GREEN BONDS: EXPERIENCE AND PROSPECTS

• What is the current size of the Indian green bond market?
• What are the steps needed to scale up sustainable infrastructure investments?
• What are the key learnings from developed countries?

CORPORATE BONDs for INFRASTRUCTURE

FOREIGN INVESTORS’ PERSPECTIVE

• What are the recent trends in bond financing for infrastructure?
• How has the Covid-19 outbreak affected fund-raising activity via bonds?
• What are some of the growth inhibitors for the corporate bond market?
• What is the overall outlook for the segment?

REGULATORY PERSPECTIVE

• How has the corporate debt market evolved over the past few years?
• What are the key reform measures required to push the bond market?
• What are the key challenges?
• What are the potential steps towards establishing a long-term yield curve for bonds?

INVESTORS’ VIEWPOINT

• What is the overall sentiment towards the Indian corporate bond market?
• What is the stance of institutional investors on the potential for corporate bonds?
• What regulatory interventions are required for enhancing the corporate bond market?
• What are the challenges faced in investing in this space?

BANKS AND NBFCS’ PERSPECTIVE

• What has been the experience of NBFCs in the bond market?
• What are the key risks and challenges?
• What are the potential steps to improve the accessibility of the Indian bond market

INFRASTRUCTURE FINANCE in india

CONFIRMED SPEAKERS  (in alphabetical order):

• Kunal Agarwal, Principal, I Squared Capital
• Manish Agarwal, Partner, Leader – Infrastructure, PwC
• Rahul Agrawal, Director, Actis Energy
• Prateek Bagaria, Partner, Singularity Legal
• Raj Kumar Bansal, Managing Director & Chief Executive Officer, Edelweiss ARC
• Nirad Despande, Vice President, Macquarie Infrastructure and Real Assets (India)
• Vishal Gupta, Senior Vice President, SBI Capital Markets
• Aman Hans, Consultant PPP, Niti Aayog
• Pushkar Kulkarni, Senior Principal – Infrastructure Private Investments, CPPIB
• Hemant Karaulia, General Manager Infra 1, Stressed Asset Resolution Group, SBI
• Sunil Kumar, Deputy General Manager, Project Finance, SBI Bank
• Montek Mayal, Senior Managing Director and Practice Leader , Economic Consulting, FTI Consulting
• Devki Nandan, SVP, Head-M&A and Business Development, JSW Infrastructure
• Meghana Pandit, Head of M&A & IR, IndiGrid
• Bharat Parekh, Executive Director, CLSA
• Shiva Rajaraman, Chief Executive Officer, L&T Infra Debt Fund
• Santosh Sankaradasan, Senior Vice President, SBI Capital Markets
• Manish Satnaliwala, President, Finance & Chief Financial Officer, Oriental Structural Engineers
• Kunjal Thackar, CFO, Pipeline Infrastructure (a Brookfield company)

CORPORATE BONDs for INFRASTRUCTURE

CONFIRMED SPEAKERS   (in alphabetical order):

• Pawan Kumar Agrawal, Chief Financial Officer, Azure Power
• Mathew George, Head, Project Finance & Joint General Manager (Treasury and Project Finance), Larsen and Toubro
• Sujata Guhathakurta, Senior Executive Vice President  & Head Debt Capital Markets, Kotak Mahindra Bank
• Lakshmi Iyer, CIO – Debt and Head Product, Kotak Mahindra Asset Management Company
• Badrish Kulhalli, Head – Fixed Income investments, HDFC Life Insurance Company
• Pravesh Kumar, General Manager, Pension Fund Regulatory and Development Authority (PFRDA)
• R Sivakumar, Head – Fixed Income, Axis Mutual Fund

For speaking opportunities, please contact:
Neha Mathur
Email: neha.mathur@indiainfrastructure.com
Mob: + 91 8826000927

INFRASTRUCTURE FINANCE in india

The conference is a must-attend event for all infrastructure developers seeking financing as well as for financiers seeking projects for funding. The conference is targeted at:

• Infrastructure developers
• Infrastructure finance groups in commercial banks
• -Private equity firms
• Infrastructure fund managers
• Institutional investors
• -Bilateral and multilateral agencies
• -Development agencies
• State financial corporations
• Insurance firms
• Credit rating firms
• Sector consultants
• Legal firms
• Infrastructure project contractors
• Technology & equipment providers
• Sectoral advisory firms
• Financial institutions
• Financial advisory firms
• Asset reconstruction companies
• NBFCs
• Sectoral advisory firms
• Financial institutions
• Financial advisory firms
• Asset reconstruction companies
• NBFCs

CORPORATE BONDs for INFRASTRUCTURE

The conference is targeted at officials and managers from:

• Institutional investors (mutual funds, pension funds, hedge funds, PE funds, insurance firms, )
• Borrower firms
• Private investors
• NBFCs
• State financial corporations
• Commercial and investment banks
• Financial advisory firms
• Export credit agencies
• Sovereign wealth funds
• Credit rating firms
• Legal firms
• Renewable energy companies
• Infrastructure developers/ contractors
• Infrastructure PSUs
• Infrastructure finance groups in commercial banks
• Infrastructure fund managers
• Venture capital firms
• Regulatory agencies
• Development institutions
• Bilateral and multilateral agencies
• Policymakers and regulators
• Real estate developers/ fund managers
• – Sectoral advisory firms
• Consultants (sector/ financial)
•  Etc