IIFCL to Raise $500 Million Overseas for Infrastructure

25 Sep 2025 CW Team

State-owned India Infrastructure Finance Company Ltd (IIFCL) plans to raise USD 500 million from overseas markets by December to support infrastructure projects in India, said Palash Srivastava, Managing Director, on Friday.

This fresh fundraising will bring IIFCL’s total overseas borrowings for 2025 to USD 650 million, following over USD 150 million already mobilised this year. The initiative aims to lower the cost of funds, which is expected to reduce infrastructure consumption costs for the public.

Speaking at a stakeholders’ meet, Srivastava highlighted measures including collaborations with insurance companies to enhance infrastructure financing. He also noted work with the Ministry of MSME to ensure all units have access to green power, in line with CBAM requirements. IIFCL plans to launch new products after 30 September as part of its cost-reduction and innovation drive.

On sustainability and risk management, the company has developed a climate risk assessment model mapping disaster risks across 783 districts. “Even the Reserve Bank of India has shown interest in this model. It will be made accessible so risks can be factored in at the project development stage,” Srivastava added.

He further noted that IIFCL has reduced dependence on government-guaranteed borrowing and is focusing on raising funds independently. The company reported a 39 per cent increase in net profit to Rs 21.65 billion for FY25, up from Rs 15.52 billion in the previous fiscal year, driven by improvement in core income.

IIFCL recorded its fifth consecutive year of record performance, with profit before tax (PBT) reaching Rs 27.76 billion, a 37 per cent rise over Rs 20.29 billion the previous year. The company also achieved all-time high sanctions and disbursements of Rs 511.24 billion and Rs 285.01 billion, respectively.

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