As the relay financing framework slowly takes hold in infrastructure financing, the government-owned Indian Infrastructure Finance Co. Ltd (IIFCL) is busy prepping to support megaprojects, Dr. Padmanabhan Raja Jaishankar, MD tells Manish Pant. Alternate Investment Financing (AIF) to source funds from international investors is already being rolled out. Jaishankar is also optimistic that given the significant stress...
Category: ECONOMY & POLICY
Post
Post
Proposed RBI norms are positive for the industry: CRISIL
While the overall cost of financing may go up, several aspects of the central bank proposals on provisioning norms can help ramp up the overall infrastructure buildout in the country as we advance, says Jagannaryan Padmanabhan, Senior Director and Global Head, Transport Logistics & Mobility, CRISIL Infrastructure Advisory tells INFRASTRUCTURE TODAY. Edited excerpts. How do you see...
Post
Green Shoots of Project Finance!
A successful transition to new and renewable energy sources by the world’s fastest-growing major economy won’t only serve as a template for other countries but will also help firmly position it as a global green energy hub. A day after the ambitious Pradhan Mantri Surya Ghar Muft Bijli Yojana or Prime Minister’s free electricity scheme...
Post
15th Cement EXPO to be held in March 2025 in Hyderabad
Cement EXPO 2025, which will be held along with the 10th Indian Cement Review Conference and the 8th Indian Cement Review Awards, promises to be bigger, drawing in greater participation, fostering more profound discussions and showcasing the continued evolution of the cement industry. Mumbai After the arousing success of the 14th Cement EXPO, which was...
Post
Debt Financing: Funding Sustainable Infra
Sustainable Infrastructure: Debt Financing Shiva Rajaraman, CEO of NIIF IFL, discusses the changes in the infrastructure landscape in the country, policy back-ups and different sources of infrastructure finance that have opened up in the country. With a balance sheet of an impressive Rs.210 billion with zero per cent NPAs, NIIF IFL is an infrastructure debt fund...
Post
$30 trillion economy seems possible
Unveiling a $30T Economic Vision Government funding has to be complemented by private sector investment. By 2018 to 2020, assets which were created in the early phase were completed and started earning revenue to become an asset class of its own. So that has again evinced interest of investors, says Padmanabhan Raja Jaishankar, Managing Director, India...
Post
Indian Infrastructure: Attracting World Interest
Indian Infrastructure: Global Magnet Funds, policies, technologies and a winning attitude, this defines the Indian infrastructure financing sector today. The first assets created under this National Infrastructure Pipeline are now generating revenue, thus whipping up more investor interest. The bonds market has seen significant reforms. The government remains the largest driver, but the private sector...
Post
IIFCL raises Rs 1,500 crore through bonds/debentures
The funds thus raised would provide impetus to various ambitious plans of the Government of India towards development of infrastructure sector in India. New Delhi, March 12, 2024 IIFCL received overwhelming response to its fund raising programme through bonds/debentures with subscription of Rs 3,494.50 crore which is nearly 7x of the base issue size of...
Post
Synergy Steels clinches Award for Best Environment & Pollution Control Practices, 2023
Synergy Steels has implemented a holistic strategy to fortify sustainability across its manufacturing procedures and supply systems – achieving the highly esteemed recognition in environmental stewardship. Synergy Steels Limited, a leading stainless steel company with its manufacturing facility in Alwar, has been honoured with the prestigious India Green Award for Best Environment and Pollution Control...
Post
Will QCBS phase out L1 for Infrastructure Procurement?
The limits for QCBS system of procurement have been lifted says Pratap Padode, Founder & President, FIRST Construction Council who has been a strong proponent of the QCBS system of procurement. Read on… The limits for QCBS system of procurement have been lifted says Pratap Padode, Founder & President, FIRST Construction Council who has been a strong...