We have zero NPAs, a rarity in infrastructure financing

28 Oct 2023 CW Team

Shiva Rajaraman, Chief Executive Officer (CEO), NIIF-IFL, speaks about ESG focussed infrastructure financing and efficacy of Green bonds

Infrastructure is crucial for India’s economic growth and for achieving the India 2047 vision. The Union Budget 2023-24 of the Government of India has also emphasised on the need for increased spending in the infrastructure sector.

NIIF Infrastructure Finance (NIIF IFL) was incorporated as an Infrastructure Debt Fund (IDF) around 9 years back, to refinance operating infrastructure projects across the country. Over the years, NIIF IFL has refinanced infrastructure projects across multiple sectors and the Company’s in-depth market understanding, rigorous credit appraisal and project monitoring process helped it build a best-in-class zero NPA asset portfolio.

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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

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