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January 5, 2009

IIFCL to refinance Rs75,000 core worth infrastructure investment: Montek

The government will leverage the Rs30,000-crore refinancing facility with India Infrastructure Finance Company Ltd (IIFCL) to make funds of around Rs75,000 crore available for the infrastructure sector projects, planning commission deputy chairman Montek Singh Ahluwalia said today.

''I am particularly looking at implementing the IIFCL refinancing. We should implement that and announce the details as quickly as possible,'' he said after a meeting with IIFCL chairman S S Kohli and finance ministry officials.

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Posted by boyang at January 5, 2009 6:45 PM