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Logistics, railway, and space have great possibilities for IIFCL.

IIFCL managing director P R Jaishankar told this newspaper that airports are gaining popularity along with roads and energy.

BENGALURU: State-owned infrastructure financier India Infrastructure Finance Company Limited (IIFCL) envisions tremendous growth prospects in space, logistics, renewable energy, climate financing, data centres, and railways.

IIFCL managing director P R Jaishankar told this newspaper that airports are gaining popularity along with roads and energy. “One important sector that we are looking forward to working with is Railways,” Jaishankar said at the stakeholder meeting in Bengaluru on Wednesday. Private investments are needed because of the potential. Government financing has been available for many years, but today there is a sentiment that government funding must be complemented by private funding.”

The 2006-founded IIFCL finances infrastructure subsectors. Through its subsidiary IIFCL Projects Limited (IPL), the lender is researching space financing. IPL advised the Department of Space on the transfer of 10 in-orbit communication satellites to NewSpace India Limited (NSIL).

We advise the space department. We advised them on GIFT city office setup. Pawan K Kumar, IIFCL’s Deputy Managing Director, said, “We are preparing a report for them based on global models on how private sector uses infrastructure.”

 

 

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