India Infrastructure Finance Company (IIFCL), the wholly-owned government enterprise that provides long-term finance to viable infrastructure projects, is all set to launch its first-ever green bonds next month worth Rs 1,000 crore. In an interview with Nikesh Singh, IIFCL managing director (MD) PR Jaishankar talks about the road ahead for the key infra financier. Edited excerpts:
What are your expectations from the upcoming Budget?
The Budget should make infrastructure projects investor friendly. There is a need for structural reforms in the sector to include lenders as a primary party in the concession agreements to make it tripartite. Currently, it is bipartite in nature and comprises the concessioning authority and developers, but excluding lenders.
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