IIFCL is a wholly-owned Government of India company set up in 2006 to provide long-term financial assistance to viable infrastructure projects through the Scheme for Financing Viable Infrastructure Projects through a Special Purpose Vehicle called India Infrastructure Finance Company Ltd (IIFCL), broadly referred to as SIFTI.
The sectors eligible for financial assistance from IIFCL are as per the Harmonized list of Infrastructure Sub-Sectors as approved by the Government and as amended from time to time. These broadly include transportation, energy, water, sanitation, communication, social and commercial infrastructure.
IIFCL has been registered as a NBFC-ND-IFC with RBI since September 2013.
The authorized and paid up capital of the company as on 31st March 2018 stood at Rs 6,000 Crore and Rs 4,102 Crore, respectively.
On a standalone basis, till 31st March 2018, IIFCL made cumulative gross sanctions of Rs 81,040 Crore to 459 projects under direct lending and cumulative disbursements of Rs 60,136 Crore (including disbursements of Rs 7,231 Crore under Refinance and Rs 15,413 Crore under Takeout Finance).
