Infrastructure Development Corporation Karnataka Limited (iDeCK) was
set up as a joint venture between the Government of Karnataka (GoK),
infrastructure Development Finance Company Ltd. (IDFC) and the Housing
Development Finance Corporation Ltd.(HDFC) in developing sectoral
policies and development strategies for various infrastructure sectors,
render assistance in project selection, development and implementation
and manage GoK funds earmarked for project development activities
and making direct investments of debt and equity in projects. iDeCK
was incorporated on June 30, 2000.
The creation of iDeCK in Karnataka stands as testimony to Government
of Karnataka’s commitment to provide a strong, credible and
proactive institutional mechanism for leveraging private sector initiatives
in infrastructure development.
The shareholding pattern in iDeCK
is as follows:
Government of Karnataka: 49.0%
IDFC : 49.5%
HDFC : 1.5%
Project Advisory Services
IDeCK provides advisory services/assistance to various Government
agencies, Multi-lateral agencies, and private-sector Corporate firms,
all across the Country, In the following areas:
iDeCK is registered with the World Bank (Vendor identification
Number: VIN 52702) and the Asian Development Bank ( DACON Number:003318).
- Developing sectoral policies and strategies.
- Project feasibility studies
- Bid process management, including, project structuring for private
participation, bid documentation, project marketing
to prospective bidders and assistance to the government agencies in negotiation
and signing of agreement with the selected private
An illustrative list of projects where iDeCK has assisted various
departments/agencies of GoK in conceptualizing and implementing
infrastructure projects on a Public-private Participation (PPP)
format are given hereunder.
Project Development Services
With the objective of carrying out various project preparation studies,
a pre-requisite for attracting private participation in infrastructure
projects, the Government of Karnataka has created a Project Development
Fund (PDF), to be managed by iDeCK.
iDeCK in association with various agencies, identifies infrastructure
projects which could be implemented through private participation
and thereafter co-ordinates the entire process of project development
which involves the following activities:
- Project preparation studies
- Technical studies
- Demand studies
- Financial Viability analysis
- Project structuring for private participation
- Bid structuring & Documentation
- Bid Process Management including project marketing
to prospective bidders
Assistance to the government agencies in negotiation
and signing of agreement with the
selected private developer.
A list of projects being developed by iDeCK using the Project Development
Fund is given hereunder:
With the aim of facilitating private sector investment in infrastructure
projects, the Government of Karnataka has also created a Project
investment Fund (PIF) for investments as debt or equity in infrastructure
projects in the State of Karnataka. The PIF is managed by iDeCK,
which is responsible for the following:
- Identification of projects for investment
- Project appraisal
- Finalisation of Terms of investment
- Investment portfolio management.