A joint venture between ICICI and KINFRA  which will identify and facilitate development  of infrastructure projects in  the State. 

Identification  of present  and future  shortfalls in the availability of infrastructure facilities.

Marketing of these projects to private sector investors in India and abroad in order to facilitate investments. 

Evaluation of  proposals submitted by promoters in Kerala to access  their competence. 

Financial participation in viable projects by way of equity, loan and guarantees.

Identification of  suitable infrastructure projects and preparation of preliminary feasibility reports.

Priorities projects with respect to suitability from the Government' points of view.

Identify impact of present regulatory and policy environment on viability of projects
. 
Effect regulatory and policy decisions at the State Government level to facilitate private participation in infrastructure projects.

Expedite administrative formalities like land acquisition and environmental clearances for setting up of projects.

Resolve issues in such projects which involve states other than Kerala/Central Government and negotiate on behalf of I-Kin in such cases.

10% of the lease premium to be remitted as EMD*, within 30 days of receipt of Letter of Intimation.

A minimum of 50% of the lease premium to be remitted as downpayment within 15 days of receipt of Allotment Letter.

Balance of the lease premium to be remitted in 2 equal instamlemts with Interest @ 10.25 % per annum, within 2 years from the date of License Agreement.

Annual license/license charge of Rs. 100/- per acre during the license/lease period.
Services like water, power, communication etc will be charged extra.
A nominal maintenace charge for the general facilities.

* EMD will be adjudged against the last instalment of the lease premium.
(All other terms and conditions of KINFRA Land Disposal Regulations will apply)

Links

1. KFC
2. IIC  
3. SIDBI 
4. IDBI 
5. ICICI
6. Planning Board