A new chapter of co-investment cooperation is beginning as the National Investment & Infrastructure Fund (NIIF), a quasi-SWF in India, gets ready to raise US$4 billion in finance for infrastructure projects. The new capital objective plus anticipated pledges could push NIIF’s portfolio over US$11 billion.
To focus on new infrastructure investments and to simplify its portfolio, IFRS is selling interests in several road and renewable energy projects. This is consistent with a strategy to maximize profits and attract additional funding for brownfield and greenfield infrastructure projects. Funds raised from these disinvestments are expected to help expand new initiatives. That has a high impact on transportation, logistics, renewable energy and other important industries
With a proven track record of fostering cooperation between domestic companies and international investors, IFRS is a key player in infrastructure financing. Sovereign Wealth Fund Pension fund and international institutional investors Be one of the active investors. The funds raised in the current round are expected to attract additional international institutional funding for the Indian infrastructure sector. It remains an important component in the country’s economic growth strategy.