India Infrastructure Finance Company Ltd (IIFCL) plans to raise USD 1.6 billion from multilateral agencies and other overseas investors to strengthen infrastructure development in India. The strategy includes diversified funding focuses, a debut Green Bond, and an IPO as part of the government's broader disinvestment plan.

IIFCL to Fuel Infrastructure Growth with $1.6 Billion Global Fundraising

India Infrastructure Finance Company Ltd Gears Up for USD 1.6 Billion Fundraising

India Infrastructure Finance Company Ltd (IIFCL) is preparing to raise USD 1.6 billion from international investors, marking a significant milestone in its resource mobilization strategy for infrastructure development across India.

"We aim to create a diversified, cost-effective long-term funding base," said IIFCL's new Managing Director Rohit Rishi. The company has successfully mobilized resources from reputable multilaterals like the Asian Development Bank (ADB), KfW, and the World Bank, reflecting international confidence in India's infrastructure expansion.

Key Components of IIFCL's Resource Mobilization Strategy

Blended Finance Facility: IIFCL is preparing a USD 600 million blended finance facility to support infrastructure development in India.
Green Bond Issuance: The company is planning its first Green Bond issuance to promote sustainable infrastructure growth.
Initial Public Offer: IIFCL has obtained necessary approvals for an initial public offer of shares, in line with the government's disinvestment trajectory.

The company has already secured Cabinet clearance for listing, paving the way for its shares to be listed on the stock exchange.