Ministry of Finance
Posted On: 07 Jun 2018 5:48PM

PRESS INFORMATION BUREAU

Government of India

Mumbai

Pratishtha Bhavan, Maharshi Karve Rd, Marine Lines, Mumbai

022-2206 9413 http://www.pib.nic.in/ pibmumbai@gmail.com @PIBMumbai  Image result for facebook icon /PIBMumbai

 

Date: June 7, 2018

MEDIA ADVISORY

 

Lead up event to Asian Infrastructure Investment Bank (AIIB) Annual Meeting

 

Thematic Seminar on "Private Sector Participation and Innovation in Resource Mobilization"

 

Event

The Government of India is hosting the third Annual Meeting of the Asian Infrastructure Investment Bank (AIIB) in June 2018. In the run-up to the Annual Meeting, a number of lead-up events and host country seminars are being held in different cities of India from February to June 2018. The next lead-up event is a seminar on "Private Sector Participation and Innovation in Resource Mobilization".

 

Time

9.00 a.m. onwards,  Monday, 11th June, 2018

Venue

Hotel Taj Mahal Palace, Mumbai

Coordinating Officers

Ruth Sherin- 9920297157 | Perfect Relations

Santosh Tiwari – 9811994305 | FICCI

 

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09.00 –09.30 hrs

Registration and Coffee

09.30-11.00 hrs

Inaugural Session: Bringing Private Sector into Infra Spending

From a high of over 5.5% of GDP, the share of private sector investment in infrastructure projects in India has dipped to about 3%, less than even the range seen in the early years of 2000. This worrisome pattern is however in sync with global indicators too at a time when most countries are keen to push ahead with additional spending to cure their infra shortages. What innovations need to be brought in at this stage?

 

Welcome remarks: Mr. Jaspal Bindra, Chairman, FICCI Maharashtra State Council and Executive Chairman, Centrum Capital Ltd.

 

Theme Presentation: Dr Rajiv Lall, MD & CEO, IDFC Bank

Keynote: Mr. Sujoy Bose, CEO, National Investment and Infrastructure Fund

Perspective: Mr. Shailesh Pathak, Chief Executive, L&T Infrastructure Development Projects Limited

 

Context: Dr. KV Pratap, Joint Secretary (IPF), Ministry of Finance

 

Vote of Thanks: Ms. Jyoti Vij, Deputy Secretary General,FICCI

11.00-12.30 hrs

Plenary I: Key Risks for Infra Spending

For the private sector an assessment of the risks that infra sector projects bring is crucial to decide on financing them. These risks include sponsoring risks, regulatory risks and market risks. These risks determine the pay offs that private companies will want to negotiate before contracting any projects.

What has been the experience of the private sector in India to understand the risks and what do they portend going forward

Moderator: Mr.Subhomoy Bhattacharjee Panelists:

Mr. Sajjid Chinoy, India Economist, JP Morgan

Mr. Sudip Sural, Senior Director, Corporate and Infrastructure Advisory, CRISIL

Mr. Praveen Gupta, Managing Director & Chief Executive Officer, Raheja QBE General Insurance

Mr. Suneet Maheshwari, Founder & Managing Partner, Udvik Infrastructure Adv

Mr. Raghwendra Pande, Head Infrastructure &Real Estate Sector, Investment Banking, ICICI Securities Limited

Mr. Soumyajit Neogi, Associate Director, India Ratings

12.30-13.30 hrs

Lunch

13.30-15.00 hrs

Plenary II : Bringing Sovereign Funds & Multilateral Institutions into the Game

Other than the private sector, the major source of infra financing are the government and the sovereign funds. To bring out the best from them, the role of multilateral institutions become critical. As countries take on larger projects the presence of multilateral institutions also provide cross border technological support and the assurance of political stability that will assuage the demands of competing stake holders in those projects.

Moderator: Professor V Ravi Anshuman, IIM Bangalore

 

Panelists:

Ms. Manju Rajpal, Secretary, Finance (Budget) Department, Government of Rajasthan

 

Mr. R Venkatraman, Head- Infrastructure & Project Finance, India Ratings and Research

 

Mr. Saugata Bhattacharya, Senior Vice President, Axis Bank

 

Mr. Gavin McGillivray, Head, Department for International Development (DFID), UK Govt

 

Mr. Pushkar Kulkarni, Principal – Infrastructure Private Investment, CPP Investment Board

 

Mr. Manoj Dubey, ED (Finance\PPP), Railway Board

 

Mr. Suvek Nambiar, Managing Director, India Infradebt Limited

 

Mr. Donald Lambert, Principal Finance Specialist, SAPF, ADB

 

Mr. B Mehrotra, Investment Officer, International Finance Corporation

 

Open Discussion

15.00-16.30 hrs

Plenary III: Regulatory Challenges for Domestic and Cross border

Projects

Infrastructure projects are not only becoming larger in scope, they are also spreading to sectors and regions that have governance issues. To make the private sector deploy money in the sector, it is essential then to enhance the competency of the regulators. Projects must satisfy climate and social concerns adequately as well as keep the costs of building those projects reasonable, for all of which a keen regulatory oversight is essential.

Moderator: Dr. Amir Ullah Khan, Director Research, Aequitas

Panelists:

Mr. Sanjay Chadha, Additional Secretary, Ministry of Commerce, Government of India

Dr. KV Pratap, Joint Secretary (IPF), Ministry of Finance

Mr. David Rasquinha, Managing Director, Export-Import Bank of India

Mr. N. K. Chand, Commissioner, Transfer Pricing

Mr. Shiva Rajaraman, National Head- Strategic Initiatives & Chief Executive Officer, L&T Infra Debt Fund Limited

Mr. Pankaj Kalani, SVP Finance , KEC International Limited

Mr. Evren Dilekli, AIIB

Mr. Sumit Sen, Director, Infrastructure, Actis

Open Discussion

16.30-16.45 hrs

Tea

16.45 – 18.15 hrs

The Final Word: Risk-reward Ratio for Private Sector

India is home to the second largest basket of private- public partnership projects in the world. There has been a world of experience with these projects across sectors and over time. Parsing through the risks, the support provided by the government and multilateral institutions and the regulatory oversight provides a huge lesson for going forward as the next round of infrastructure projects beckon. Different models are already coming up to answer the specific question. Which models will adequately meet the risks yet proving adequate rewards to the private sector to tap financial institutions and capital markets again?

 

Panelists:

Mr. Rathin Roy, Member, PM's Economic Advisory Council

Mr. Vivek Johri, Chief Commissioner, Custom, Jawaharlal Nehru Port Trust

Mr. Arvind Singh, Principal Secretary, Energy, Government of Maharashtra

Mr. Agris Preimanis, Director, European Bank for Reconstruction and Development, Head of Kazakstan

Mr. Najeeb Haider, Principal Strategy Officer, AIIB

Conference Report: Dr. Sabyasachi Saha, Assistant Professor, RIS

18.15- 18.45 hrs

Hi Tea

 

You are requested to depute your correspondent/cameraperson/photographer to cover the event.

For kind attention: Media may register for the AIIB Annual Meeting here

 

To

 Accredited journalists belonging to Print media, electronic media and online media  organizations

 DD News

 RNU, All India Radi

Venue
Hotel Taj Mahal Palace, Mumbai
Event Date
11 Jun 2018 9:00AM

Invitation Id:
153428
Hit Count:
1658