PPP Consultant
India
- Organization: AIIB - Asian Infrastructure Investment Bank
- Location: India
- Grade: ["consultant"]
-
Occupational Groups:
- Public, Private Partnership
- Closing Date: 2025-11-27
PPP Consultant
PPP Consultant
Application close date
11/27/2025
1. Project Background
The Asian Infrastructure Investment Bank (AIIB), a multilateral development bank, finances sustainable infrastructure to foster development within its member states. AIIB’s Mission is to finance infrastructure for tomorrow, and it has a clear focus on (i) green infrastructure (ii) connectivity and regional cooperation (iii) technology enabled infrastructure and (iv) private capital mobilization. The Government of India has successfully developed a large pipeline of PPP projects in the road sector, after revising the PPP modality to a hybrid annuity model (‘HAM’). Following success in the road sector, different states in India have explored the option of apply the HAM model in other sectors including water, sanitation and solid waste management (‘WSS’), and other urban sectors. However, the rollout is at an initial stage and the success of the HAM application in these wider sectors is still to be fully tested. Although HAM has helped to improve the bankability of PPP transactions, it requires government contribution of 40% towards the capital costs of projects. In the case of larger projects, this creates a significant budgetary burden on states, limiting their ability to support such PPP initiatives. To support these projects, a hybrid PPP financing solution could be considered, whereby the government accesses a sovereign loan from a multilateral development bank to meet its capital contribution to the project. Applying such a hybrid PPP model would enable sovereign loans to leverage increased private sector investment in infrastructure projects, therefore helping to crowd in private capital.
2. Objectives of the Assignment
AIIB would like to appoint two local individual consultants in India (‘Consultants’) to conduct a scoping exercise to: (i) study the experience of HAM in the road, WSS and other urban sectors in India. (ii) further develop the concept of hybrid PPP and identify the potential opportunities on building on the success of the HAM and applying hybrid PPP model in road, WSS and other urban sectors in the states of (i) Andhra Pradesh (ii) Gujarat (iii) Karnataka (iv) Tamil Nadu and (v) Telangana. Based on their expertise, desktop research, site visits, and stakeholder engagements, the Consultants are expected to assist AIIB in identifying a pipeline of three or more projects with potential for development on a hybrid PPP basis in one or more of these selected states and support subsequent discussions with key government stakeholders on the roll-out of such projects. In conducting its work, the Consultants shall work closely with the AIIB project team to ensure the project scope is compliant with the Paris Agreement and India’s Updated National Determined Contributions and AIIB’s thematic priorities.
3. Scope of Services
The Consultants may work individually, or as part of a team or a firm. However, AIIB will engage two individual consultants under separate contracts. Each will be responsible for their allocated tasks and will coordinate with each other and the AIIB project team. Nevertheless, AIIB notes that the consultant’s task will include liaising with key stakeholders in different states in India to facilitate meetings, obtain insights from officials and potentially access relevant documents. The Consultants are therefore recommended to carefully consider its organizational structure, including the potential for local support to help facilitate the required local contact. The Consultants will undertake the following tasks: 1) Review experience of Hybrid Annuity Model (‘HAM’) in India 1.1) Conduct a desktop exercise to review the application of HAM in the road sector in India. The review should include: (i) The rationale for applying HAM in the road sector. (ii) Clarification on how the structure of HAM operates, including any underlying conditions and requirements. This should include an overview of the commercial structure and risk allocation. (iii) An outline the differences between the arrangements for DBFOT PPP model, availability-based PPP model and HAM. (iv) An outline of the budgeting and approval mechanisms for funding contribution at federal and state level for HAM projects, including the split in allocation of funds. (v) An assessment of the extent to which the HAM model has been successfully applied in the road sector, highlighting the benefits realized and challenges faced and mitigated. Brief case studies of PPP projects in the road sector should be provided. (vi) Identification of any regulatory, policy or guidance documents issued by government to support the roll out of HAM. 1.2) Conduct a desktop exercise to review and summarize the conditions and requirements for the application of HAM in the water, sanitation and solid waste (‘WSS’) and other urban sectors in India. The review should include: (i) An overview of the extent to which the HAM model has been used in WSS and other urban sectors. This should also indicate the specific states in India in which this model has been applied. (ii) The rationale for applying HAM in the WSS and other urban sectors, and whether the drivers for its application in these sectors differ from those in the road sector. (iii) Identification of any differences in the operation of the HAM model in the WSS and other urban sectors compared to its operation in the road sector. (iv) An assessment of the extent to which the HAM model has been successfully applied in the WSS and other urban sectors, highlighting the benefits realized and challenges faced and mitigated. Brief case studies of PPP projects in the WSS and other urban sectors should be provided. 2) Identification of potential opportunities of Hybrid PPP in selected states in India Review the PPP enabling environment of the states of (i) Andhra Pradesh, (ii) Gujarat, (iii) Karnataka, (iv) Tamil Nadu, and (v) Telangana and prioritize the states where there could be opportunities for the application of the Hybrid PPP model in road, WSS, and other urban sectors. In reference to the selected states, the review should include: (i) An overview of the regulatory and institutional arrangements for PPPs. (ii) Clarification of the procedures for the conceptualization, development and implementation of PPP projects. (iii) Indication of the technical capacity, project development resources and fiscal space to develop PPP projects. (iv) Experience in successfully delivering PPP projects across sectors, specifically in the road, WSS, and other urban sectors.
3. Scope of Services (Continued)
(v) Identification of potential investment needs in the road, WWS, and other urban sectors and/or PPP investment plans (with reference to strategic plans, policies, investment programs, public announcements, White Papers, studies, etc.). The Consultants shall ensure that identified investments are aligned with AIIB’s mandate of supporting Infrastructure for Tomorrow (i4t) and at least one of AIIB's thematic priorities as identified in the Corporate Strategy. (vi) Identification of the key stakeholders relevant for developing and implementing Hybrid PPPs in the road, WSS, and other urban sectors and development of a stakeholder engagement plan. 3) Tailoring Hybrid PPPs for application in India Support the AIIB project team in developing the concept of Hybrid PPP for practical application in India. This shall include: (i) Detailing the concept and features of Hybrid PPP, outlining the benefits of the model, and establishing the criteria for determining suitable projects. (ii) Considering AIIB lending policies, setting out the procedures for processing a Hybrid PPP project in the selected states in India. (iii) Reviewing state budgetary requirements, procedures and approval mechanisms, identifying potential constraints or gaps in policies or regulations in applying the Hybrid PPPs in the WSS and urban sectors, (iv) Recommendations of possible interventions to address constraints in relation to policies, regulations and institutional capacity for Hybrid PPPs and implementation roadmap. 4) Develop a pipeline of prospective hybrid PPP projects Identify three or more projects in one or more states that could be developed based on a hybrid PPP delivery model including setting out: (i) the outline project scope and estimated project value; (ii) the alignment of the project with government’s strategic investment needs and priorities; (iii) the value for money of delivering the project on a hybrid PPP modality; (iv) the key features of the commercial model that would be suitable for the project, taking into account fiscal liabilities; (v) the alignment of the project against AIIBs thematic priorities and Climate Action Plan; and (vi) scope of subsequent project development activities and terms of reference for consultants 5) Supporting AIIB in stakeholders outreach initiatives Support AIIB in reaching out and engaging with key stakeholders in the selected states to: (i) Understand and identify the investment priorities of states, especially in the WSS and urban sectors. (ii) Outline the range of support offered by AIIB, including the provision of upstream advisory services and the implementation of Hybrid PPP models. (iii) Present and discuss in further detail the pipeline of prospective hybrid PPP projects After liaising with the AIIB project team, the Consultants shall help to identify and coordinate with the key stakeholders, and support AIIB officials with logistics arrangements and reporting requirements during missions.
4. Consultancy Output / Deliverables
• Inception Report: Detailing the work plan and methodology, including a Gantt chart. The report is to be delivered within 2 weeks of contract commencement and provided in Word document format. • Indian HAM Experience Report: A report detailing the findings of the desktop exercise regarding the features, challenges and benefits of the application of HAM in India in the road, WWS and urban sectors. The report is to be delivered within 4 weeks of submission of the Inception Report and provided in word format. • Scoping Report on Hybrid PPP Opportunities in Roads, WWS and Other Urban Sectors of Selected Indian States: Summary of findings, recommendations, priorities and actionable steps for implementing hybrid PPP projects in road, WWS and other urban in the States of (i) Andhra Pradesh (ii) Gujarat (iii) Karnataka (iv) Tamil Nadu and (v) Telangana. The report is to be delivered within 5 weeks of submission of the Indian HAM Experience Report and provided in Word format. • Hybrid PPP Concept Note: An overview of the Hybrid PPP concept, highlighting it features, eligibility conditions, and benefits, tailored for operationalization in the selected states in India. The report is to be delivered within 2 weeks of submission of the Scoping Report and is to be provided with the Word document format. The report shall also be accompanied by a ‘pitch deck’ presentation for subsequent engagement with government stakeholders. • PPP Pipeline Report: Details of at least 3 PPP projects that could be developed based on Hybrid PPP, including an overview of the project scope, commercial structure, value for money and alignment of the project to the government’s investment priorities. The report is to be delivered within 4 weeks of submission of the Scoping Report and is to be provided in Word document format. The report shall also be accompanied by a presentation for subsequent engagement with government stakeholders. The timelines set out above, and the format of the report may be amended subject to approval of the AIIB project team leader. The reports shall be drafted in English.
4. Consultancy Output / Deliverables (Continued)
(No Value)
5. Implementation Arrangement
The Consultants will report directly to AIIB’s project team, and based on discussions with the AIIB project team, shall coordinate with government agencies in the selected states in India. Regular updates on the progress of the deliverables are expected throughout the assignment. The assignment is expected to be intermittent, spanning over a period of twelve months for 75 working days, starting from December 1, 2025, to September 30, 2026.
5. Implementation Arrangement (Continued)
N/A
6. Support to the Consultant by the Bank
N/A
7. Knowledge Transfer and Training
N/A
Qualification Requirement
Requirements for the team leader are as follows: • A master’s degree and at least 10 years of highly relevant experience in the banking or infrastructure sector, or a bachelor’s degree with 15 years of highly relevant experience in the banking or infrastructure sector. • Experience of working in the development of PPP projects in India. • Strong understanding of India’s PPP market and specifically HAM. • Experience of working in India, preferably in one or more of the following states - (i) Andhra Pradesh (ii) Gujarat (iii) Karnataka (iv) Tamil Nadu and (v) Telangana. • Fluent in English; ability to communicate in Hindi is highly preferred. • Proven experience working with government agencies in India and multilateral development banks is strongly preferred. • Strong analytical and communication skills, with a track record of delivering high-quality reports and recommendations. Additionally, the Consultants (either individually or through its team members) will need to demonstrate the ability to effectively liaise with key stakeholders in the relevant government agencies in the following states - i) Andhra Pradesh (ii) Gujarat (iii) Karnataka (iv) Tamil Nadu and (v) Telangana.
Applications from non-qualifying applicants will most likely be discarded by the recruiting manager.