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PTC India Financial Services Limited and IIFCL Projects Limited sign MOU

PTC India Financial Services Limited and IIFCL Projects Limited sign MOU

India Blooms News Service | | 16 Aug 2017, 07:45 pm
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

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