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

12 Mar 2026

Kavach 4.0 Commissioned on Delhi–Mumbai and Delhi–Howrah

"Kavach version four has been commissioned on 1,452 route km, covering the high density Delhi–Mumbai and Delhi–Howrah corridors. The rollout included laying 8,570 km of optical fibre, installation of 1,100 telecom towers, deployment of trackside equipment over 6,776 RKm and establishment of 767 station data centres. Trackside implementation has been taken up on 24,427 RKm covering Golden Quadrilateral, Golden Diagonal and High Density Network sections. The programme aims to strengthen signalling and train protection on key routes.Kavach is an indigenously developed automatic train protecti..

Railways Advance Kalyan–Murbad Line And Mumbai Capacity Expansion

"Indian Railways is advancing multiple rail infrastructure projects in Maharashtra, including the sanctioned Kalyan–Murbad new line and sizable investments under the Mumbai Urban Transport Project and the Mumbai–Ahmedabad High Speed Rail project. The Kalyan–Murbad 28 km new line has been sanctioned at Rs 8.36 billion (bn) on a 50:50 cost-sharing basis with the Government of Maharashtra and has been declared a Special Railway Project for land acquisition; proposals covering 214 hectares are at various stages of acquisition. Budgetary outlay for projects falling fully or partly in Maharash..

Parliamentary Panel Flags Funding Gaps in Heavy Industries

"The Department-Related Parliamentary Standing Committee on Industry (Rajya Sabha) presented its 332nd report on the Demands for Grants 2026-27 of the Ministry of Heavy Industries (MHI). Figures converted from crore and lakh are expressed in million (mn). The Budget Estimates 2026-27 for the Ministry stand at Rs 79,399 mn against a projected requirement of Rs 94,843.2 mn, a shortfall of about 16 per cent, with revenue at Rs 79,370.8 mn and capital compressed to Rs 28.2 mn from Rs 5,020 mn.The committee flagged recurring BE-to-RE compression and declining revised estimate utilisation, and calle..