Boost for capital availability for infra projects

01 Aug 2019 Editorial Team

The State Bank of India (SBI) and National Investment and Infrastructure Fund (NIIF) have inked an MoU to boost availability of capital for infrastructure projects. The scope of the MoU includes equity investments, project funding, bond financing, renewable energy support and take-out finance for operating assets. The objective of this initiative is to aid in filling the gap at a time when the availability of equity and debt financing for infrastructure has moderated. On the sidelines of the signing event, Rajnish Kumar, Chairman, SBI, said, “SBI and NIIF have joined hands to provide a suite of financing solutions to the infrastructure sector. The initiative will address concerns relating to the availability of equity and long-term debt funding options to large-scale projects, thereby stimulating infrastructure development.” Sujoy Bose, Managing Director & CEO, NIIF, said, “The availability of post-construction takeout equity and debt financing for developers and builders of infrastructure projects will play an important role in the infrastructure development cycle in India. NIIF’s partnership with SBI will allow us to design large-scale, long-term financing solutions to address this need.”

The initiative will help SBI and NIIF to review opportunities to unlock capital from operational projects, thereby creating room for fresh lending and addressing asset-liability mismatches. In addition to focusing on takeout financing, including through the IDF route, the partnership will explore new avenues of financing renewable energy projects.

In FY2018-19, SBI, through its Specialised Project Finance & Structuring Business Unit, extended financial assistance of about Rs 510 billion to 47 infrastructure projects; and during the current financial year, the bank has a robust pipeline.

Infrastructure Urban

29 Oct 2025

Designing Tomorrow: Amaravati’s Net Zero Landmark

Amaravati has achieved a defining landmark in India’s sustainable infrastructure journey with the inauguration of the APCRDA Project Office, the nation’s first government building to earn the IGBC Net Zero Energy Rating – Design Stage. Conceptualised by the Andhra Pradesh Capital Region Development Authority (APCRDA) and certified by the Indian Green Building Council (IGBC), the project exemplifies how governance, design and innovation can converge to deliver measurable environmental impact.A vision rooted in sustainabilitySet within a 4.3-acre site along the Seed Access Road in the Amar..

Pidilite Elevates Construction with PPS

Pidilite Industries introduced Pidilite Professional Solutions (PPS) — a dedicated vertical for the construction and interiors ecosystem — at ACETECH Bengaluru 2025. Designed to empower architects, developers, contractors, and interior specialists, PPS delivers comprehensive support that extends far beyond products to ensure project excellence from concept to completion. Kavinder Singh, Joint Managing Director, Pidilite Industries, noted, “At Pidilite, we believe in enabling the construction fraternity to build boldly and sustainably. With Pidilite Professional Solutions (PPS),..

Punjab, Centre Fast-Track Rajpura-Mohali Rail Line Development

The central government has fast-tracked the construction of the Rajpura-Mohali rail line to enhance connectivity in Punjab. This ambitious infrastructure project, aimed at improving transportation links between Rajpura and Mohali, has been identified as a key step in fostering regional economic growth. Union Minister for Railways, Ashwini Vaishnaw, announced the project’s acceleration during a recent assessment of the area. The rail line is expected to play a significant role in reducing travel time, promoting industrial growth, and boosting logistics efficiency in the region. The project,..