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
Resources

Jyoti Structures Launches Heat Safety Drive Across Sites

Jyoti Structures (JSL) has strengthened heat safety measures across its project sites and manufacturing facilities as temperatures rise across India. The company has implemented a Summer Safety Plan covering all transmission line projects to address risks related to heat stress, dehydration and worker fatigue.The initiative includes rescheduling work away from peak afternoon temperatures, provision of drinking water, ORS and lemon-salt solutions, and installation of rest shelters near work areas. Daily toolbox talks, worker health monitoring, first-aid preparedness, emergency transport arrange..

Next Story
Real Estate

MHADA Declares 82 Buildings Most Dangerous in Central and South Mumbai

The Maharashtra Housing and Area Development Authority (MHADA) has declared 82 buildings as most dangerous across Central and South Mumbai and has appealed to residents to vacate immediately. The list, prepared after structural assessments by the authority, identifies buildings judged to pose imminent risk to occupants and to passersby. Local civic bodies have been asked to coordinate evacuations and to make arrangements for temporary shelter and rehabilitation for displaced households. Officials said the authority prioritised buildings with visible structural distress, severe cracking, tiltin..

Next Story
Infrastructure Transport

Damage Reported At Halwara Airport Terminal After First Rains

Severe damage was reported at the terminal of Halwara Airport during the first major rain spell of the season, prompting immediate concern among aviation and local authorities. Images from the site showed water ingress and visible deterioration of the terminal interior, affecting passenger areas and ancillary services. The airport authority suspended certain operations temporarily to assess structural safety and ensure passenger wellbeing. Preliminary inspections have prioritised electrical systems and roof seals to prevent further water ingress. State aviation officials ordered a formal inqui..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement