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.

Infrastructure Transport

15 Oct 2025

BMC Gets CRZ Nod For Rs 40 Million Gorai Bridge Rebuild

The Brihanmumbai Municipal Corporation (BMC) has secured Coastal Regulation Zone (CRZ) clearance for the reconstruction of the Poisar River bridge in Gorai, located in Mumbai’s western suburbs. However, the proposed demolition of the existing 100-metre bridge has sparked opposition from local residents, who claim it serves as the only direct access route between the Lower and Upper Koliwada areas. The three-decade-old bridge, situated within the CRZ buffer zone, was recently declared structurally unsafe following a civic audit. The BMC has sanctioned its reconstruction at an estimated cost ..

NHAI Completes Rs 15.9 Billion Four-Lane Stretch On ECR

The National Highways Authority of India (NHAI) has completed the four-laning of the 38 km Puducherry–Poondiyankuppam stretch, ending near Cuddalore, in a development that will cut travel time by up to two hours, according to a report by The New Indian Express. The upgraded section, built at a cost of Rs 15.9 billion under the Bharatmala Pariyojana Phase I, marks a major milestone in the ongoing East Coast Road (ECR) widening programme. The project promises a smoother, faster drive for motorists travelling towards Cuddalore, Chidambaram, Sirkazhi, and Nagapattinam. With this completion, 22..

Encroachments Delay Rs 1 Billion Ghatkopar Bridge Project

The construction of a new cable-stayed rail overbridge at Ghatkopar and the widening of the Andheri–Ghatkopar Link Road (AGLR) have been delayed due to the presence of nearly 250 encroached structures on both sides of the road. In response, Municipal Commissioner Bhushan Gagrani has directed officials to carry out a structural audit of the existing bridge over the railway line and enforce temporary restrictions on heavy vehicles to ensure public safety. The bridge, which starts at the Golibar Road junction near LBS Marg and extends up to the Eastern Express Highway (EEH), serves as a critic..