NIIF makes equity investment of Rs 4.7k cr in five years

28 Jan 2021 CW Staff

In its five years of existence, the National Investment and Infrastructure Fund (NIIF) has made an equity investment of less than Rs 5,000 crore in infrastructure projects, media sources say.

The Rs 40,000 crore NIIF was set up in December 2015 to enhance infrastructure financing by investing in brownfield (existing), greenfield (new), and stalled projects.

According to sources, NIIF has made an equity investment of Rs 4,689 crore, while its partners' co-investment stood at about Rs 7,053 crore at the end of September 2020. The quasi-sovereign wealth fund's total equity investment along with partners stood at Rs 11,742 crore as of September 2020. Simultaneously, the long-term debt investment was at Rs 7,935 crore, taking aggregate investment to the tune of Rs 19,677 crore.

4th Indian Cement Review Conference 2021

17-18 March

Click for event info

Set up as a Category II Alternative Investment Fund (AIF), the NIIF currently manages three funds with distinct strategies Master Fund, Strategic Opportunities Fund and Fund of Funds. NIIF's total assets under management (AUM) is at over Rs 32,171 crore across the three funds, as per the latest data provided by the NIIF.

As far as the road sector is concerned, NIIF has taken the brownfield route to enter the division following Essel Dichpally Tollway and Essel Devanahalli Tollway's acquisition last year. The acquisition was made through the NIIF Master Fund.

Also read: Equity infusion worth Rs 6,000 crore into NIIF on cards

Image Source

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..