IIFCL has approved loans totaling Rs 82.44 billion to develop 20 ports
The Paradip Port, Essar Vizag Port, Tuticorin, Krishnapatnam Port, and Karaikal Port are just a few of the major port projects that India Infrastructure Finance Company (IIFCL) has been providing financial support for.
The most recent is the Ramayapatnam port, which affirms our faith in this crucial industry and the potential it possesses to enhance connectivity, reduce logistical costs, and strengthen the economy.
15 non-major ports and 5 of India's 12 main ports have been developed by IIFCL.
IIFCL would contribute Rs 10 billion to another greenfield non-major port in Andhra Pradesh with a targeted capacity of 30 MTPA, continuing to support world-class infrastructure in India.
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