India Infrastructure Finance Company Ltd (IIFCL) - Web site of IIFCL www.iifcl.org
Background
Funding Foundation of the Future
IIFCL was set up by the Government of India in 2006 with the main objective of channelizing long-term finance to viable infrastructure projects through the Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle called India Infrastructure Finance Company Ltd (IIFCL), broadly referred to as SIFTI.
The sectors eligible for financial assistance from IIFCL are as per the Harmonized list of infrastructure sub-sectors as approved by the Government and the RBI. These include transportation, energy, water, sanitation, communication, social and commercial infrastructure.
IIFCL has been registered as a NBFC-ND-IFC with RBI since September 2013.
The authorized and paid up capital of the company as on 31st December 2014 stood at Rs 5,000 Crore and Rs 3,900 Crore, respectively.
On a standalone basis, IIFCL has, till 31st December 2014, made cumulative gross sanctions of over Rs 60,000 Crore under direct lending and cumulative disbursements of over Rs 37,000 Crore, including under Refinance and Takeout Finance.
Present Offerings
Committed to its vision of taking India’s Infrastructure Sectorforward, IIFCL has been offering its financial support through the following schemes.