Boost for capital availability for infra projects
POWER & RENEWABLE ENERGY

Boost for capital availability for infra projects

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.

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.

Next Story
Infrastructure Urban

DDWS, BISAG-N Partner To Build GIS Platform For Water Missions

The Department of Drinking Water and Sanitation (DDWS) under the Ministry of Jal Shakti has signed a Memorandum of Agreement (MoA) with the Bhaskaracharya National Institute for Space Applications and Geo-informatics (BISAG-N), an autonomous scientific society under the Ministry of Electronics and Information Technology (MeitY). The agreement, signed at the CGO Complex, New Delhi, marks a significant step in developing a GIS-integrated decision-support platform for the Jal Jeevan Mission (JJM) and Swachh Bharat Mission (Grameen) [SBM(G)].The platform will strengthen data-driven decision-making..

Next Story
Infrastructure Transport

SAIL Supplies Steel For Indian Navy’s INS Androth

Steel Authority of India Limited (SAIL), the country’s largest public sector steelmaker and a Maharatna company, has supplied the entire requirement of special-grade steel for the INS Androth, commissioned into the Indian Navy on 6 October 2025. The achievement marks a key milestone in India’s naval modernisation journey.INS Androth is the second vessel in the series of Anti-Submarine Warfare Shallow Water Craft (ASW-SWC) corvettes, following INS Arnala, which was commissioned on 18 June 2025.SAIL supplied the full quantity of special-grade steel — including hot-rolled (HR) sheets and pl..

Next Story
Technology

CCI Releases Market Study On AI And Competition

The Competition Commission of India (CCI) has published its report titled Market Study on Artificial Intelligence and Competition, conducted through the Management Development Institute Society (MDIS). The study aims to deepen understanding of India’s AI markets and ecosystems, identify potential competition concerns, and assess existing and emerging regulatory frameworks governing AI systems.Using both primary and secondary research, including literature review, data analysis, stakeholder interviews, and surveys, the study provides a comprehensive view of the AI ecosystem, market dynamics, ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?