New Delhi – India Infrastructure Finance Company Limited (IIFCL), a premier government-owned financial institution, has signed an Expression of Interest (EoI) with the Global Infrastructure Basel (GIB) Foundation, a Swiss foundation based in Basel working to promote sustainable and resilient infrastructure globally. This strategic collaboration aims to bolster the development of India’s infrastructure sector by providing support to infrastructure projects, offering project management consultancy services, and conducting capacity-building activities. The EoI was signed by Mr. Kishor N. Kumbhare, Chief Risk Officer of IIFCL, and Mr. Louis Downing, Chief Executive Officer of GIB.This partnership represents a significant step towards integrating sustainable practices into infrastructure development and financing in India. By leveraging GIB’s expertise, IIFCL aims to enhance its green financing mechanisms and contribute to the nation’s climate goals.
IIFCL and GIB Sign Expression of Interest to advance Sustainable Infrastructure Development in India
