IIFCL Seeks To Expand Green Asset Funding

12 Jan 2026 CW Team

State-owned India Infrastructure Finance Corporation Limited is in discussions with the government to include aircraft, commercial electric vehicles and space infrastructure in the Harmonised Master List, a move aimed at unlocking greater funding for sustainable and future-ready assets.

The proposal is intended to help IIFCL diversify beyond traditional infrastructure sectors such as roads and power, and move into innovation-led areas including green mobility, sustainable aviation fuel, green steel and critical minerals. Inclusion in the Harmonised Master List would make these assets eligible for a wider pool of long-term and concessional financing.

Deputy Managing Director Palash Srivastava said that many of these emerging sectors require early-stage support before they can mature into viable financing opportunities. He also called for a stronger role for states and urban local bodies in infrastructure financing, noting that greater participation is essential to meet India’s long-term development goals.

Srivastava suggested the use of fiscal incentives and FRBM-friendly financial products to encourage state governments and municipal bodies to invest in infrastructure without putting undue pressure on their balance sheets. He said such measures would help broaden the funding base while supporting sustainable growth across new and evolving sectors.

Infrastructure Urban

04 Aug 2026

TCC Concept Reports 480% Revenue Growth in Q1FY27

TCC Concept has reported strong financial performance for the first quarter of FY27, with revenue from operations rising 480% year-on-year to Rs 1,283 million.The company’s EBITDA increased 158% year-on-year to Rs 463 million, with an EBITDA margin of 36.1%. Profit after tax (PAT) grew 34% year-on-year to Rs 126 million during the quarter.The growth was supported by continued execution across TCC’s integrated ecosystem spanning consumer commerce, supply chain, digital infrastructure, cloud, PropTech and AI-led platforms.Pepperfry continued to strengthen its omnichannel expansion stra..

ANHAD Developers Appoints Akash Lakhina as Sales Head

ANHAD Developers has appointed Akash Lakhina as Head of Sales, Marketing and CRM as the company strengthens its leadership team ahead of its entry into Gurugram’s premium residential market.The appointment follows Adil Altaf taking charge as CEO of the group’s real estate vertical. Lakhina will be responsible for driving the company’s sales, marketing and customer relationship initiatives for its upcoming luxury developments.With nearly three decades of professional experience, Lakhina brings expertise across multiple industries, including over a decade in luxury real estate. His experie..

BXB Estates Records AED 110 Million Luxury Villa Sale in Dubai

BXB Estates has completed a record AED 110 million residential transaction at Jumeirah Golf Estates, marking the highest-value residential sale in the history of one of Dubai’s most prestigious communities.The transaction, negotiated by Alfie Tabrez, Managing Partner, BXB Estates, surpasses the previous record of AED 58 million for a completed ready villa.The six-bedroom luxury residence features a built-up area of 21,714 sq ft on a 15,873 sq ft plot. The property includes nine bathrooms, four living lounges, a home office, bar lounge, private cinema and rooftop terrace. Its wellness facilit..