National Investment and Infrastructure Fund

Extension of bid submission deadline, Stage 1 RFP, Green Growth Equity Fund

Response to queries received under Stage 1 RFP, Green Growth Equity Fund

i.e. Request for Proposal, Stage 1, Green Growth Equity Fund

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Govt wants to leverage NIIF equity to boost infrastructure

NIIF may pick up stake in infra financing PSUs By PTI | 14 Feb, 2016, 03.24PM IST

It is at a very preliminary stage. Among various things, the Finance Ministry is also looking at a issue if NIIF can pick up stake in state-owned entities that are into infrastructure financing," official sources said. A sub-fund of NIIF could pick up stake...  Read more »

NIIF may help PSU banks cut NPAS

By ET Bureau | 5 Feb, 2016, 04.00AM IST

MUMBAI: State-run banks could be in for some good news, the government's infrastructure fund, which will take shape soon, will allow the banks to sell some of their stressed assets to the fund, which is expected to have some sovereign wealth funds as investors.

The government plans to set up a Rs 40,000-crore National Investment & Infrastructure Fund (NIIF), with investments from international pension funds and sovereign wealth funds from countries such as Russia, Singapore and the UAE. It could help prevent good assets being disposed of at very low valuation," chairman of State Bank of India Arundhati Bhattacharya told ET. ..  Read more »

Govt wants to leverage NIIF equity to boost infrastructure

Deepshikha Sikarwar & Vinay Pandey, ET Bureau Feb 4, 2016, 10.32AM IST

NEW DELHI: How much can Rs 20,000 crore be leveraged to raise more equity? Through an appropriate yet conservative structure, say experts, about 10 times or roughly Rs 2 lakh crore. Sprinkle it a bit thin, and it could be multiplied to over Rs 4 lakh crore. That is the kind of multiplier structure that the Narendra Modi-led NDA government is plotting through the National Infrastructure Investment Fund (NIIF), to obtain the maximum bang out what it can spare from its budget resources, realising that India's infrastructure development needs more equity or risk capital.  Read more »

SWFs, pension funds keen to invest in NIIF

By Deepshikha Sikarwar, ET Bureau | 3 Feb, 2016, 04.00AM IST

NEW DELHI: The sovereign wealth funds of Singapore, Canada, Russia and Qatar along with several pension funds are said to be keen on participating in the National Investment and Infrastructure Fund, underscoring the growing interest in India as an investment destination with the global economy facing new headwinds. Draft memoranda of understanding (MoUs) have been exchanged between NIIF and a number of funds, said two persons aware of the development. These could be finalised and sign. Read more »

'NIIF set up with initial corpus of Rs 40,000 cr'

29 Dec 2015, 2:05PM IST

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'IIFCL appointed as interim investment adviser of NIIF'

PTI Dec 18, 2015, 11.25PM IST

NEW DELHI: State-owned IIFCL has been appointed as interim investment adviser of the National Investment and Infra Fund (NIIF).Read more »

'Governing Council under Arun Jaitley to oversee NIIF operations'

By PTI | 13 Nov, 2015, 05.45PM IST

NEW DELHI: A Governing Council headed by Finance Minister Arun Jaitley will oversee the activities of the National Investment and Infrastructure Fund (NIIF) which aims to boost financing for the infra sector in the country. Read more »

Government sets up search panel under Shaktikanta Das for NIIF CEO

By PTI | 15 Oct, 2015, 01.50PM IST

NEW DELHI: Government has set up a search committee under Economic Affairs Secretary Shaktikanta Das for selection of a CEO for the National Investment and Infrastructure Fund (NIIF). Read more »

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