PFS, IIFCL join hands for infra financing

PFS and IIFCL Projects Ltd. Joint Venture
Infrastructure financiers PFS, a subsidiary of PTC India and IIFCL Projects Ltd (IPL), a fully owned unit of India Infrastructure Finance Company Ltd (IIFCL) have recently joined hands by signing a memorandum of understanding for infrastructure projects. As part of the pact, they will provide financial advisory, management consultancy, debt syndication and project development advisory.

"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 the companies will share mutual capabilities and draw upon synergies for financial advisory and project development services for infrastructure projects,” stated sources.