The time has come for infrastructure developers, investors, infrastructure funds, financiers and service providers to position themselves to take full advantage of India’s infrastructure boom.
RBSA has well diversified experience and professional approach which enables it to identify potential & viable infrastructure development opportunities.
RBSA delivers remarkable solutions to its public and private sector clients in identifying credible and competent Joint Venture Partners and Consortium Partners. We also assist our clients to develop, structure and negotiate Public Private Partnerships for mutual benefits. For the private sector, we advise on bidding strategies and how to maximize value from a PPP.
Infrastructure project financing can use a variety of models and methods. The selection of the appropriate model should take into account not only financial resources but also the distribution of construction and operating risks and the contractual relations between the stakeholders. RBSA has significant experience and proven capabilities in providing financial modeling review services to project consortia, private equity investors, financial institutions and companies across a broad range of projects and sectors. We strive to encapsulate the following points while designing the model:
• Demand and supply analysis
• Estimated Revenues and proposed tariff structure
• Operating efficiency
• Capital investment and the financing plan
• Consideration of moratorium period
• Peer’s Analysis, Cash Flow Analysis
• Conclusions based on inputs as well as assumptions made with respect to the existing market scenario.
In any infrastructure advisory project, financial issues like commercial structure, analysis of investors’ requirements and all assumptions underlying a financial model, preparation and updating of project’s financial model, scenario testing, financing options, negotiation support, preparation of Project Company’s financial plan, risk identification and allocation, etc. play an imperative role in the Due Diligence exercise.
During the due diligence review stage, RBSA Infrastructure Advisory Services can help you by:
• Clearly defining company’s objectives
• Reviewing options and recommending the best way forward.
• Preparing financial models that help to compare various scenarios
• Review of business cases from a financial, commercial and risk perspective
Fairness and Transparency are the fundamental requirements of any competitive Bid Management Process for public institutions. Today large financial institutions and private organizations, while undertaking transactions in a competitive environment, such as procurement through large EPC contracts, privatization, asset sell off, etc., prefer to appoint an independent consultant to ensure fairness, transparency and accountability
RBSA has noteworthy experience of assisting organizations in conducting the bidding process which includes the following:
• Identifying skill requirements
• Selection of suitable project participants
• Preparation the bid document keeping in view major factors like Government Policies, Adherence to Corporate Governance, etc.
• Evaluation of Bidders on the basis of the Technical and Financial Parameters
• Assessing exhaustive bids on a common risk platform
• Framing terms of contracts, including tariffs
• Negotiating matters like risk sharing (project contracts) with the winning bidder
We also advise Bidders on the intricacies of the Bid Process, on financial and competitive evaluation of the proposal and the Bid itself.
We assist our clients to prepare Information Memorandums and Project Reports which includes an indepth study of Project Details, Project Risks, Regulatory Framework, Project Financials, and Sensitivities etc. These reports are prepared to suit the specific requirements and risks profile of various users like Government, Lenders, and Equity Investors etc
There are some features specific to infrastructure project financing like long life cycle, large capex requirements, relatively low operating costs, long construction period, etc. that make infrastructure financing more challenging. RBSA team has invaluable experience in understanding the project finance arrangement and financial closure.
All financiers including all leading financial institutions and multilateral and commercial Banks have their varied financial priorities and different mandates for infrastructure financing.
RBSA's experience and insights makes it well suited to arrange financing and structuring complex equity and debt syndications, placements. We arrange debt for purposes ranging from retiring existing loans, interest arbitrage on current loans or meeting additional working capital requirements.
Project Appraisal includes project conceptualizing, defining the project parameters - in terms of technology, size, finance, etc., project structuring, etc. We have sufficient expertise to apply innovative structural / financial techniques to enhance project viability. We conduct Project Appraisals, Due Diligence and Viability Studies for a wide variety of industries. The broad scope of work RBSA can undertake includes Business Opportunity Scanning, Market Research, Technical Feasibility, Project Cost Estimations & Operating Cost Estimations, Resource Requirements, Suggested Funding Patterns, Financial Feasibility, Management Consultancy and a regular monitoring of the project.
We take into consideration various factors like the market size, market forces like competition, market demand, the environment in which it will operate, assessment of market risks, implementation strategy, financial appraisal of the products/services for the company, continuous monitoring of the project.
A Lender’s and Investor’s Engineer in any industrial or infrastructure project principally assures and ensures the correctness of the Project execution and its periodic reporting / monitoring to the lender / investor. This may be also extended to verification of the project completed and also successfully completion of trial run of any industry.
The role of a lender’s engineer is to verify the physical status of work being implemented on the site; and to judge and report the quantum of finance actually being contributed and used on the project. These services assure the lender against misuse of funds.
