• Investment World
• eWorld
• Brand Line
• Mentor
• Life
• Canvas
• Praxis
• Urban Pulse
• Brand Quest
• The New Manager

Stocks

• Quotes
• SE Diary
• Scoreboard
• Open-End Mutual Fund

Cross Currency

• Rates
  
  

Shipping

• Ports
  
  

Archives

• Yesterday
• Datewise
• Resources
• In Focus
• In Depth

Group Sites

• The Hindu
• The Hindu ePaper
• Business Line
• Business Line ePaper
• Sportstar
• Frontline
• The Hindu eBooks
• The Hindu Images

Our Bureau

New Delhi, Oct. 26

The newly incorporated India Infrastructure Finance Company of India Ltd (IIFC) today entered into an agreement with Infrastructure Leasing & Financial Services Ltd (IL&FS) to appraise and mobilise resources for infrastructure projects on a public private partnership (PPP) basis, said a release.

IIFC expects to support other institutions on a similar basis as part of its on-going efforts to develop the necessary institutional capacities to develop the country's infrastructure, it added. Since inception in January, IIFC has sanctioned over Rs 5,000 crore of debt funding to the infrastructure sector either directly to infrastructure projects or through innovative financing arrangements to support the participation of banks and financial institutions in infrastructure projects. The sectors currently being actively supported by the IIFC include power, ports, airports, urban infrastructure, water and tourism.

More Stories on : Alliances & Joint Ventures | Infrastructure | Financial Institutions

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page

Stories in this Section
Fire not to hit performance: Reliance Ind

Copyright © 2006, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line