PTC India Financial Services (PFS) has signed a Memorandum of Understanding (MoU) with India Infrastructure Finance Company (IIFCL) to provide financing for infrastructure projects in India.
As per the agreement, PFS and IIFCL will come together to provide one single window to promoters of Infrastructure projects particularly in energy value chain and facilitate their financing in India. Both companies will collaborate to provide credit enhancement facility to various projects to enable their financing at competitive rates, apart from collaborating in areas of mutual interest towards service to infrastructure sector.
PFS is a non-banking finance company promoted by FTC India Limited. PFS has been granted the status of an Infrastructure Finance Company (IFC) by the Reserve Bank of India. The Company offers an array of financial products to infrastructure companies in the entire energy value chain. PFS also provides fee based services viz loan syndication and underwriting etc.
