Manipur inks pact with IIFCL for infrastructure projects
ECONOMY & POLICY

Manipur inks pact with IIFCL for infrastructure projects

The Manipur government has signed a memorandum of understanding (MoU) with Indian Infrastructure Finance Company Limited Projects Limited (IPL), a wholly-owned subsidiary of Indian Infrastructure Finance Company Limited (IIFCL).

P Vaiphei, Additional Chief Secretary (Planning), represented the state while Palash Shrivastava, Deputy Chief Executive Officer, represented the IPL during the exchanging and signing of the MoU at the Cabinet Hall of Chief Minister's Secretariat in Imphal. N Biren Singh, Chief Minister of Manipur along with Rajesh Kumar, Chief Secretary, MH Khan and Letkhogin Haokip, Additional Chief Secretaries, T Ranjit, Commissioner (Works), M Joy, Commissioner (Agriculture or IPR), PR Jaishankar, Managing Director IIFCL and other high ranking authorities of the State Government and IIFCL were also there in the day's event.

It may be stated that the Manipur State Planning Authority was created under sub-section (1) of section 3 of the Manipur State Planning Authority Act, 2021 for the development of a plan for the expansion of the State and for organising and controlling the execution of such plan and for developing harmonised policies for the control of land-uses and growth of infrastructure so as to guarantee proposed development of the State. The Chairman of the authority is the Chief Minister.

IPL is an entirely controlled subsidiary of Indian Infrastructure Finance Company Limited (IIFCL), a Government of India Enterprise. IIFCL, a premier infrastructure financing organisation in India, developed IPL in February 2012 as a dedicated project advisory firm engaged in the fields of syndication, project appraisal, infrastructure consultancy services and transaction advisory.

The firm provides the demand for advisory services to projects across the spectrum of infrastructure sector comprising ports, highways, roads, airports, power covering renewable, tourism, urban infrastructure such as sewerage projects, water supply, solid waste management. It will render project advisory and institutional aid to help in the development of several infrastructure projects in Manipur by undertaking project preparatory studies and advisory services associated with resource mobilisation and infrastructure project development.

Image Source

The Manipur government has signed a memorandum of understanding (MoU) with Indian Infrastructure Finance Company Limited Projects Limited (IPL), a wholly-owned subsidiary of Indian Infrastructure Finance Company Limited (IIFCL). P Vaiphei, Additional Chief Secretary (Planning), represented the state while Palash Shrivastava, Deputy Chief Executive Officer, represented the IPL during the exchanging and signing of the MoU at the Cabinet Hall of Chief Minister's Secretariat in Imphal. N Biren Singh, Chief Minister of Manipur along with Rajesh Kumar, Chief Secretary, MH Khan and Letkhogin Haokip, Additional Chief Secretaries, T Ranjit, Commissioner (Works), M Joy, Commissioner (Agriculture or IPR), PR Jaishankar, Managing Director IIFCL and other high ranking authorities of the State Government and IIFCL were also there in the day's event. It may be stated that the Manipur State Planning Authority was created under sub-section (1) of section 3 of the Manipur State Planning Authority Act, 2021 for the development of a plan for the expansion of the State and for organising and controlling the execution of such plan and for developing harmonised policies for the control of land-uses and growth of infrastructure so as to guarantee proposed development of the State. The Chairman of the authority is the Chief Minister. IPL is an entirely controlled subsidiary of Indian Infrastructure Finance Company Limited (IIFCL), a Government of India Enterprise. IIFCL, a premier infrastructure financing organisation in India, developed IPL in February 2012 as a dedicated project advisory firm engaged in the fields of syndication, project appraisal, infrastructure consultancy services and transaction advisory. The firm provides the demand for advisory services to projects across the spectrum of infrastructure sector comprising ports, highways, roads, airports, power covering renewable, tourism, urban infrastructure such as sewerage projects, water supply, solid waste management. It will render project advisory and institutional aid to help in the development of several infrastructure projects in Manipur by undertaking project preparatory studies and advisory services associated with resource mobilisation and infrastructure project development. Image Source

Next Story
Infrastructure Energy

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Next Story
Infrastructure Urban

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Next Story
Infrastructure Energy

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?