iDeck/ Infrastructure

Background of Infrastructure Development Corporation (Karnataka) Limited -(iDeCK)
1. IDFC Ltd.1 was set up in 1997 as an initiative by the Government of India to channelize private investments into infrastructure projects, especially under PPP frameworks. As a part of this mandate, IDFC also engaged with national and sub-national governments to hand-hold them in incubating/developing projects which are market ready for PPP investments. IDFC also extended capacity building assistance to governments in the infrastructure development and financing domain (both, in India and abroad).
2. In 2011, IDFC consolidated its advisory and capacity building initiatives with the government under the IDFC Foundation, a 100% not-for-profit subsidiary. iDeCK is an initiative which now spearheads IDFC's advisory and capacity building initiatives in the infrastructure domain. We are a joint venture between the Government of Karnataka (GoK), IDFC Foundation, and the Housing Development Finance Corporation Ltd. (HDFC). iDeCK was incorporated on June 30, 2000.
3. iDeCK provides advisory services/assistance to various government agencies in the following areas:
a. Developing sectoral policies and strategies
b. Project feasibility studies and detailed engineering studies
c. Bid process management, including, project structuring for private participation, bid documentation, project marketing to prospective bidders and assistance to the government agencies in negotiation and signing of agreement with the selected private developer
d. Project management services.
4. Shareholding
IDFC Foundation: 49.5%
Government of Karnataka: 49.0%
HDFC: 1.5%