**Summary:**
The NITI Aayog UK India Infrastructure Financing Bridge (UKIIFB), a collaboration between NITI Aayog and the City of London Corporation, has released its Year 1 Report, highlighting progress in catalyzing sustainable infrastructure investment in India. Initiated on September 12, 2023, during the 12th economic dialogue and formalized through an exchange of letters in September 2024, the UKIIFB aims to unlock infrastructure investment by leveraging the City of London's expertise in structuring major projects. The partnership seeks to secure long-term investment for key infrastructure sectors in India.
The Year 1 Report details key achievements and recommendations, including the development of a Project Assessment Framework clarifying investor priorities in highways and rapid transit, integrating climate adaptation and ESG frameworks, enhancing transparency and risk mitigation, safeguarding investor returns, building cohesive project pipelines, and embracing digital infrastructure to improve governance and monitoring.
The report emphasizes the need for standardized, globally benchmarked project preparation processes, broadening India's Detailed Project Report (DPR) to include full lifecycle risk analysis, resilience, and value-for-money considerations, piloting stronger risk-sharing and revenue protection frameworks, and enhancing digital monitoring and transparency. Case studies from expressway and ring road projects are presented, highlighting the importance of an investor-centric pipeline.
In its second year, UKIIFB will focus on refining project assessment tools, expanding sectoral coverage to include green hydrogen and offshore wind, and deepening engagement with investors and technical partners.
(MJPSSR Release ID: 2165102)
Key Entities Referenced
UK India Infrastructure Financing Bridge (UKIIFB): A collaboration between NITI Aayog and the City of London Corporation to accelerate sustainable infrastructure development in India.
NITI Aayog: A policy think tank of the Government of India.
City of London Corporation: The governing body of the Square Mile, the historic central business district of London.
UKIndia partnership: A bilateral collaboration between the United Kingdom and India focused on various sectors, including sustainable infrastructure development.
India: The country where the infrastructure investment is focused.
Project Assessment Framework: A framework developed by UKIIFB to clarify investor priorities across highways and rapid transit sectors.
Detailed Project Report (DPR): A comprehensive report on a project, which UKIIFB recommends broadening to include full lifecycle risk analysis, resilience, and value for money considerations.
London: Capital city of the United Kingdom, location where an exchange of letters took place between NITI Aayog and the City of London Corporation.
NITI Aayog
UK India Infrastructure Financing Bridge (UKIIFB)
Year 1 Report Highlights Strong Progress in
Catalysing Sustainable Infrastructure Investment
The UK India Infrastructure Financing Bridge
(UKIIFB), a pioneering collaboration between NITI
Aayog, and the City of London Corporation, released
its Year 1 UKIIFB Report
Posted On: 09 SEP 2025 9:23PM by PIB Delhi
The UK-India Infrastructure Bridge marked its beginning on September 12, 2023, during the 12th economic
dialogue. It was, followed by an exchange of letters between NITI Aayog and the City of London Corporation
in September 2024 in London., as part of the UK-India partnership to accelerate sustainable infrastructure
development. The UKIIFB is designed to enhance the collaboration between NITI Aayog and city of London
and aims at unlocking infrastructure investment and leveraging City of London expertise in structuring and
phasing major infrastructure project. The partnership seeks to secure long-term investment for vital
infrastructure sectors in India. Towards this end the UKIIFB Year-1 Report seeks to build upon the diverse
investment and financing system that is long-term, stable, and sustainable with manageable risks.
The Year 1 Report details key achievements and recommendations, including:
Development of a Project Assessment Framework clarifying investor priorities across highways and
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rapid transit sectors;
Advancing sustainability and resilience, integrating climate adaptation and ESG frameworks into project
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design;
Enhancing transparency and risk mitigation to reduce perceived investment uncertainties;
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Safeguarding investor returns through improved revenue protection and streamlined repatriation
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mechanisms;
Building cohesive project pipelines and fostering long-term relationships with UK infrastructure
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sponsors;
Embracing digital infrastructure to improve governance and monitoring, enabling greater investor
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confidence.
India’s rising infrastructure needs, underpin the nation’s urbanisation, climate commitments, and economic
growth aspirations. The UKIIFB initiative supports these transformative efforts by addressing barriers to
investanbility and encouraging the flow of “patient capital” crucial for large-scale projects.
The findings from the UKIIFB Year 1 Report reflect a pragmatic roadmap toward unlocking international
capital: developing standardised, globally benchmarked project preparation processes; recommendations to
broaden India’s Detailed Project Report (DPR) to include full-lifecycle risk analysis, resilience, and value-for-
money considerations; piloting stronger risk-sharing and revenue protection frameworks; and the
enhancement of digital monitoring and transparency across the infrastructure ecosystem. The report also
presents case studies from flagship expressway and ring road projects, and highlights the importance of
creating an investor-centric pipeline, market-tested through the new Project Assessment Framework.As the programme enters its second year, UKIIFB will focus on refining project assessment tools, expanding
sectoral coverage such as green hydrogen and off shore winds and deepening engagement with investors and
technical partners, to unlock further capital and cooperation for India’s infrastructure transformation.
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MJPS/SR
(Release ID: 2165102)