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IFC-Led Consortium Invests INR 2,600 Crore to Drive Smart Meter Deployment Across Rajasthan

An IFC-led consortium, including IIFCL, has committed INR 2,600 crore to accelerate smart metering infrastructure in Rajasthan, aiming to improve billing efficiency, reduce power losses and strengthen the state’s power distribution network through the deployment of 13.6 million smart meters across 28 districts under the RDSS programme.

IIFCL | June 25, 2026 | By News Bureau | 441

IREDA and IIFCL Tie-Up to Finance RE Projects in India

The MoU will strengthen IREDA and IIFCL to indulge in Co-Lending / Co-Origination and Loan Syndication for all types of RE projects, comprising Small Hydro projects. Both companies will bring also fixed interest rates for IREDA borrowings for a tenure of three to four years.

IIFCL | September 05, 2023 | By EI News Network | 2653

KKR-Backed Virescent Renewable Energy Trust Raises Rs 650 Cr via Domestic Bond Issue

Virescent Renewable Energy Trust (VRET), an infrastructure investment trust (InvIT), has raised Rs 650 crore through a domestic bond issuance across 7.33-year (Rs 150 crore) and 10-year (Rs 500 crore) tranches.

IIFCL | February 07, 2022 | By Manu Tayal | 2995