Aseem Infrastructure Finance, an RBI-registered NBFC launched in 2020, had a loan book of Rs 17,258 crore at the end of H1 FY26. Its lending strategy is tilted towards renewable energy and other green projects
The Mumbai-based fund, backed by the government alongside global investors, is capitalizing on a big funding gap in the urban infra sector
NIIF with 51 percent stake is the controlling shareholder of Ayana Renewable Power, with British International Investment and Eversource Capital holding 32 percent and 17 percent, respectively
If concluded, this will be the first exit by NIIF, which began operations in 2019. This will also be the second-biggest road portfolio sale this year.
At an enterprise value of up to $1.2 billion, this will be the biggest roads deal in the country
Ibus will be deploying the funds to scale operations in an organic way by expanding its capacities and for inorganic growth, according to a statement.
The funds will be deployed towards scaling iBUS’ operations through organic and inorganic growth initiatives, the companies have said
At an enterprise value of $1.2 billion, this will be the biggest road deal in the country
NIIFL, which is 49% owned by the India government, manages around $5 billion of equity capital commitments across different funds.
NIIF Limited (NIIFL) and JBIC IG (a subsidiary of JBIC) will support NIIFL in promoting Japanese investments in India and manage the $600 million fund.
The government has already mopped up Rs 5,200 crore as dividends from public sector companies so far in the current fiscal.