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    <title>Model Tripartite Agreement for Infrastructure Debt Fund</title>
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    <description>The Cabinet Committee approved a Model Tripartite Agreement binding concessionaires, project authorities and Infrastructure Debt Funds, and authorised an inter ministerial group to permit sector or project specific modifications. IDFs may be structured as a trust or a company; company form IDFs (NBFCs) will issue bonds and invest only in debt securities of PPP projects with a buy out guarantee and at least one year of commercial operation. Regulatory rules make the tripartite contract a binding requirement and set eligibility and investment parameters to facilitate long term refinancing of infrastructure project debt.</description>
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    <pubDate>Fri, 05 Oct 2012 11:35:28 +0530</pubDate>
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