December 24, 2024 06:38 am (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
India refrains from commenting on extradition request for ousted Bengladeshi PM Sheikh Hasina | I don't blame Allu Arjun, ready to withdraw case: Pushpa 2 stampede victim's husband | Indian New Wave Cinema Architect Shyam Benegal dies at age 90 | Cylinder blast at a temple in Karnataka's Hubbali injures nine people | Kuwait PM personally sees off Modi at airport as Indian premier concludes two-day trip | Three pro-Khalistani terrorists, who attacked a police outpost in Gurdaspur, killed in an encounter | Who is Sriram Krishnan, an Indian-American picked by Donald Trump as US AI policy advisor? | Mohali building collapse: Death toll rises to 2, many feared trapped for 17 hours | 4-year-old killed after speeding car driven by a teen hits him in Mumbai | PM Modi attends opening ceremony of Arabian Gulf Cup in Kuwait

PTC India Financial Services Limited and IIFCL Projects Limited sign MOU

| | Aug 17, 2017, at 01:15 am
Kolkata, Aug 16 (IBNS): PTC India Financial Services Limited (PFS), a leading Infrastructure Finance Company and IIFCL Projects Limited (IPL), 100% subsidiary of India Infrastructure Finance Company Limited (IIFCL), a premier infrastructure lending firm wholly owned by Government of India for providing advisory services for the promotion and development of Infrastructure in India, have signed a Memorandum of Understanding with the aim to provide financial advisory, management consultancy, debt syndication and project development advisory services for infrastructure projects.

As per the agreement, PFS and IPL will come together to provide one single window to all stake holders of Infrastructure projects particularly in energy value chain and facilitate by providing consultancy in the field of financing and project development.

Both companies collaborated to explore areas of sharing mutual capabilities and drawing upon synergies in providing financial advisory and project development services for infrastructure projects.

“We are delighted to announce our association with IIFCL Projects Limited, which is one of India’s leading company for providing advisory services to infrastructure projects in the country. With this collaboration, we will deepen and widen source of financing for viable infrastructure projects with quick turnaround time,” said Ashok Haldia, Managing Director and CEO, PTC India Financial Services Limited.

“The synergies of mutual experience and capabilities of IPL and PFS will not only enhance value for the prospective clients in consultancy and advisory services but also in the area of debt syndication for infrastructure projects,” added Deepak Chatterjee, CEO, IIFCL Projects Limited.

 

Image:Wikimedia commons

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.