About India infrastructure finance company limited (iifcl)
India Infrastructure Finance Company Limited (IIFCL) is a government-owned financial institution that was established in the year 2006. The company's primary objective is to provide long-term financial assistance to infrastructure projects in India. IIFCL plays a crucial role in the development of infrastructure projects by providing financial support and promoting public-private partnerships.
The company has been instrumental in financing various infrastructure projects such as highways, ports, airports, power plants, and urban infrastructure. IIFCL provides various financial products such as loans, guarantees, and refinancing facilities to its clients. The company also offers advisory services to its clients on project structuring and financing.
IIFCL has been successful in mobilizing funds from both domestic and international sources for financing infrastructure projects. The company has tie-ups with various banks and financial institutions for co-financing of projects. IIFCL also raises funds through bonds issued under the tax-free bond scheme of the Government of India.
The company's vision is to be a leading provider of long-term finance for infrastructure development in India. IIFCL aims to achieve this by providing innovative financial solutions that meet the needs of its clients while ensuring sustainable growth.
One of the key strengths of IIFCL is its experienced management team that comprises professionals from diverse backgrounds such as banking, finance, engineering, law, and economics. The team brings together expertise from different domains to provide comprehensive solutions for project financing.
IIFCL has received several awards for its contribution towards infrastructure development in India. In 2019-20 alone, the company disbursed over Rs 10,000 crore towards funding various infrastructural projects across different sectors.
In conclusion, India Infrastructure Finance Company Limited (IIFCL) plays a vital role in supporting infrastructural development across different sectors in India by providing long-term finance solutions through loans or guarantees or refinancing facilities or advisory services etc., which are tailored according to client requirements while ensuring sustainable growth. With its experienced management team and tie-ups with various banks and financial institutions, IIFCL is well-positioned to continue its contribution towards the development of infrastructure in India.