PFS and IIFCL sign MoU to provide funding for infra projects

Mumbai: PTC India Financial Services (PFS) and India Infrastructure Finance Company limited (IIFCL) have signed a Memorandum of Understanding (MoU) to jointly provide funding for infrastructure projects in India, particularly in energy sector. Under the MoU, both the companies plan to provide credit enhancement facility collaboratively at competitive rates. This collaboration is expected to deepen and widen source of financing for viable infrastructure projects with quick turnaround time, as per PFS Managing Director and Chief Executive Officer Mr Ashok Haldia.

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