Revival of Distressed Assets

The Indian Infrastructure sector has witnessed a lot of activity over the last decade, with a number of projects being conceived and awarded in PPP mode. However, a large number of these projects have suffered delays and cost escalations, rendering them unviable. This has created a need for comprehensive commercial and contractual assessment in order to take these projects to completion and improve their commercial viability.

iValue, with its rich industry experience, has been working with Banks and FIs on several such projects to ensure that the interests of all stakeholders are achieved through:

  • Detailed contractual review of the Project
  • Comprehensive review of issues impacting stake holders and suggesting mitigation measures
  • Preparation of a comprehensive Techno-Economic Viability Report
  • Formulation of revival strategy including financial restructuring, if required
  • Build consensus amongst stakeholders
  • Implementation of adopted strategy

Select Projects Undertaken by iValue

BOT - TOLL ROAD IN NORTH INDIA

Project Details : ₹ 45 Bn road project devised to reduced congestion in Delhi.

iValue Role : Formulated and implemented a roadmap to achieve a win-win solution for all Project stakeholders through the Hon’ble Supreme Court.

Project Status : Project has already been re-bid and awarded.

BOT ANNUITY ROAD IN NORTH INDIA

Project Details : ₹ 16 Bn road project of strategic importance in Jammu & Kashmir.

iValue Role : Devised and implemented strategy for completion of Project and amicable resolution of contractual issues through comprehensive on-site project management.

Project Status : Contractual issues stand resolved with sanction of One-Time Fund Infusion by NHAI against missed annuities as well as award of extension in Concession Period. Consequent to these developments and restoration of financial viability, the project achieved COD in April 2018

BOT HIGHWAY PORTFOLIO OF A LEADING INFRA CONGLOMERATE

Project Details : Diversified portfolio with projects in Andhra Pradesh, Assam, Arunachal Pradesh, Bihar, J&K, Karnataka and Telangana of aggregate value of more than ₹ 80 Bn.

iValue Role : In-depth analysis of each project towards customised comprehensive solutions for augmenting project's viability through engaging with the Authorities and Senior Lenders.

Project Status : Resolution of majority of the legacy issues leading to construction activities being streamlined and expedited. Further, iValue is handholding the company in the structuring of several proposals to enhance the viability of the projects under the ambit of the Concesison Agreement and various other policy circulars.