National Investment and Infrastructure Fund (NIIF)

NIIF’s Vinod Giri caught up with Infrastructure Investor's Tom Taylor to discuss plans for a successor fund in sustainable infrastructure, our “full skin in the game” approach to investments, and potential opportunities going forward. Read the full article here: https://lnkd.in/e2uy6MeK #India #Infrastructure #NIIF #Economy #Investors #Fund #Climate

We are pleased to have partnered with the Central Electricity Authority (CEA) to host a workshop focused on the monetisation of transmission assets for state governments. The workshop brought together over 90 senior officials, including the Chairperson and Member (E&C) of the CEA, JS-DEA (Infra Finance), the CEO of TNIDB, senior IAS officers from state energy as well as finance departments, and heads of state transmission companies. As part of the workshop NIIF’s Saurabh Suneja moderated a session on the 'perspectives of investors'. Participants at this discussion included Amit Garg (PGCIL), HarsH Shah (IndiGrid) and Rohit Achharya (CPP Investments). A few aspects emphasised by panel members were:    💠 A well formulated bid process for monetisation and certainty of revenues will be important value drivers.    💠 There is a need to prepare high quality technical, financial and legal diligence details for assets.   💠 Large investors take concentrated positions with investments at platforms, they may not be able to deploy capital in a fragmented manner.   💠 Credit quality of state counterparties, track-record for timely payments and well formulated contracts will aid bankability. This collaboration with the CEA aims to facilitate knowledge sharing and build capacity across stakeholders for leveraging innovative financing approaches in India’s transmission sector. Ajay Talegaonkar Prasad Gadkari Kirti Manjusha    #India #Investments #Infrastructure #Energy #Assets #Finance #Transmission

Our latest Monthly Economic Report shows renewed vigor in the Indian economy in October, after recording 5.4% GDP growth in Q2FY25. Multiple indicators hit record highs in October: 🚙 Vehicle registrations across PVs and three wheelers 🚗 EV adoption at 1.6 million in CYTD2024 (until October) surpassing 1.5 million in CY2023 🛣️ Highway toll collections at INR 50.7 billion, and 117 million e-way bills generated 🪙 Services exports at USD 34 billion 🏢 Domestic institutional investor inflows at INR 3.4 trillion counterbalancing net foreign portfolio flows of INR 840.6 billion in FYTD2025 (till October) India’s agricultural sector continues to remain resilient, supported by comfortable food grain stocks, adequate water storage, and higher estimated crop production. Access the full report here for more 👉: https://lnkd.in/eCxsx3CF Akshata Kalloor #India #Economy #Government #Infrastructure #Investments

NIIF’s Nilesh Shrivastava recently shared his insights on “Green Credit: Filling the transition funding gap” at Indian Venture and Alternate Capital Association (IVCA)’s GreenReturns Summit 2024 in New Delhi. The panel discussion covered the potential of private credit to address India's funding gap for a sustainable future, with a particular focus on green infrastructure and climate initiatives. A few key talkpoints to emerge from the session: ♻️ Growth demands in the green transition space are increasing the need for flexible financing/ structured finance solutions, which can support project completion and provide senior lenders more comfort ♻️ While the renewables sector accounts for a large part of traditional green financing, increasing bankability within e-mobility, and other sectors which are scaling up, is important to attract both local and international sources of finance ♻️ NIIF has experience in the green transition space as an operator, equity investor as well as a lender (through our investees). We are leveraging this diverse experience as we work on setting up a credit fund to meet the diverse funding needs in the sector. The panel included representatives from Sundaram Alternates, The World Bank, and Trilegal. NIIF is committed helping drive India’s green transition by supporting innovative financing solutions, fostering collaborating and enabling scalable climate-positive investments that align with the nation’s sustainability goals.   #Sustainability #NIIF #India #GreenFinance

We are pleased to have partnered with the USIBC - US India Business Council to host a focused roundtable on 🌲“Financing Pathways for India’s Green Transition”🌲at our Mumbai office earlier this week. The discussion brought together a diverse group of industry leaders, financial experts, and policy experts to chart a roadmap for driving sustainable growth. Here are few key insights to emerge from our discussions: 🌱 The importance of blending public and private capital to unlock large-scale investments in renewable energy, mobility, and decarbonization technologies. 🌱 Exploring tools such as green bonds and impact investing to attract domestic and global funding for India’s energy goals. 🌱 Addressing challenges in financing under-construction projects and building capacity for evaluating emerging technologies like hydrogen and RTC energy. 🌱The critical role the US- India business corridor can play in fostering cross-border collaborations, particularly in leveraging advanced technologies and innovative financing mechanisms Our heartfelt thanks to all the participants who joined and enriched the discussion with their valuable perspectives and insights. As India’s premier sovereign-linked investment manager, NIIF remains committed to creating innovative financing pathways that align with India’s ambitious climate targets. Together with our partners, we aim to transform aspirations into action, paving the way for a greener and more resilient future. #GreenTransition #SustainableFinance #RenewableEnergy Ambassador (ret.) Atul Keshap Ryan M. M. Rahul Sharma Nikita Chawla U.S. Consulate General Mumbai Andrew Caruso Sidhanta Mehra Prasad Gadkari Mukundan K Nilesh Shrivastava Anirudh Mandhana Rudra Deolankar

Today is World Soil Day – healthy soil plays a vital role in sustaining our environment and supporting the ecosystems we all rely on. We wanted to shine a light on a couple of the portfolio companies our Private Markets fund has invested in that are having a positive 'downstream' impact on the soil. ♻️ EverEnviro Resource Management Private Limited transforms agricultural and organic waste into Renewable Natural Gas (compressed natural gas produced from renewable organic sources) and organic fertilisers. By processing farm waste, they help maintain soil fertility and reduce harmful practices like stubble burning, which depletes nutrients in the soil and releases pollutants into the air and land. 💧Kathari Water, through its wastewater recycling projects, prevents untreated sewage and industrial waste from entering rivers. This protects soil near water sources from contamination, preserving its quality for farming and other uses. At NIIF, we focus on catalysing capital for initiatives that support long-term environmental sustainability. While our investments span multiple sectors, their ripple effects contribute to critical outcomes like healthier soils, cleaner water, and stronger ecosystems. World Soil Day is a reminder that healthy soil is where our food grows, how our water stays clean, and a key player in fighting climate change. By supporting sustainable practices, we’re helping protect this vital resource for future generations. #Sustainability #WorldSoilDay2024 #ESG #Investing #India #Environment #Recycling #Waste #CircularEconomy

We are delighted to have participated at COP29 Azerbaijan in Baku last week, where NIIF’s Prasad Gadkari participated in two panel discussions. 🗣️ In a discussion co-hosted by the IFSWF (International Forum of Sovereign Wealth Funds) and the State Oil Fund of the Republic of Azerbaijan (SOFAZ) and titled “The Role of Sovereign Wealth Funds in Financing the Energy Transition”, the panellists discussed topics including the role of sovereign wealth funds in the financing of major energy transition projects, how diverse institutions fit into blended capital structures, and what are the creative solutions to instruments and governance that enable more capital to flow into renewable energy. The panel included representatives from the International Monetary Fund, the China Investment Corporation, Mubadala, Temasek, and Franklin Templeton. 🗣️ "Are standards and regulatory frameworks hindering transition?” — a panel discussion arranged by OMFIF — focused on the role of disclosure and measurements in transition finance, and establishing credible transition plans and targets in the shift towards a sustainable economy.   The panel also included representatives from CDP, MSCI Inc., and the IFRS Foundation. Prasad outlined NIIF’s approach and investment strategy with respect to green transition and sustainable investments. He explained how NIIF’s strategy for green and energy transition financing is multi-pronged and operates through diverse instrumentalities: 💠 Through our sustainable infrastructure fund, we own and operate Ayana Renewable Power, a 5GW renewable energy platform in partnership with British International Investment. We also co-own IntelliSmart Infrastructure, a smart metering company, in partnership with Energy Efficiency Services Limited. 💠 Our India-Japan Fund has invested in electric mobility leaders Ather Energy (e-scooters) and Mahindra Last Mile Mobility, and is exploring other climate-focused businesses. 💠 Investing in climate-focused funds through our Private Markets business. We co-created GGEF, a USD740m fund investing in utilities, C&I energy, water, waste, and e-buses. We have investments through our investee funds in emerging technologies like small commercial e-vehicles and fast-charging batteries. 💠 Our two NBFC businesses provide project finance for many energy transition projects. NIIF is proud to contribute to global discussions and actions on furthering access to sustainable finance and the green transition. #COP29 #Sustainability #CleanEnergy #NIIF #India #Economy

NIIF's Rakhee Sunar and Raghavendra Padala, recently took part in the Environment and Social Safeguards Community of Practice Seminar (CoP) on ‘Sustainable Transport: Opportunities, Challenges, and Good Practice’.   The event, co-hosted by the Asian Infrastructure Investment Bank (AIIB) and the Multilateral Cooperation Center for Development Finance (MCDF) took place in Chengdu, China, October 31st – November 1st.   The core objective of the forum was to serve as a platform to share insights on managing environmental and social risks in transport infrastructure, including best practices, lessons learned, opportunities, and challenges.   NIIF's ESG team participated in a session that investigated how Occupational Health and Safety (OHS) could be brought into the mainstream in sustainable mobility projects. They also delivered and presented a case study on OHS challenges and opportunities in E-fleet operations, highlighting:   - OHS measures implemented to address these challenges. - An integrated approach to managing OHS effectively. - Positive outcomes achieved from implementing good OHS practices.   Our team also participated in a panel discussion, sharing insights on E-bus battery safety measures, the role of top management and emergency response procedures.   NIIF’s participation underscores our commitment to enhancing E&S standards and safety practices in transport infrastructure projects. #Sustainability #ESG #GreenTransport #EMobility #India #Investing

We’re delighted to share that Prakhar Sharma has joined NIIF as General Counsel and will be a part of our leadership team.   Prakhar brings over two decades of leadership experience in a number of complex cross border M&As, private equity, insolvency and bankruptcy matters as well as several high value domestic and international litigations/dispute resolutions.   He has worked on transactions and litigations across diverse industries, including technology, telecom, infrastructure, renewables, energy, mining, manufacturing, oil and gas, financial services, and healthcare, with experience spanning North America, Europe, the Middle East, Africa, Southeast Asia, and India.   Read his full profile on our website: https://lnkd.in/dHAQvzJR #Leadership #Team #NIIF #GeneralCounsel #India #Investment #Legal

This Diwali, we’re proud to showcase the geographical reach of our investments, spanning every state and union territory in India.   From large-scale infrastructure projects in roads, ports & logistics, renewables, smart meters, and digital infrastructure, to portfolio companies in sectors like EVs, manufacturing, fintech, deeptech, and more, our investments are powering communities, connecting people, and building pathways for lasting impact.   Here are a few highlights from our geographical footprint: 🪔 Renewables - Portfolio of ~6GW+ across 18 states and 4 union territories 🪔Ports & logistics - Number 2 player in the ports & logistics business, with a presence in 7 states 🪔Smart meters - Industry pioneer with 5 million+ operational meters across 7 states and union territories 🪔Roads & airports - 1000+ lane kilometres of roads, serving an average of 150,000 daily Passenger Car Units (PCUs). We are also strengthening regional air travel penetration and connectivity, through our two airport investments across 2 states 🪔Digital infrastructure and data centres - Our digital infrastructure platform has a presence in 21 states and 5 union territories; and our data centre platform is building APAC’s largest hyperscale facility in Navi Mumbai 🪔Private Markets - We have a presence in every state and union territory, with investments spanning renewables, electric mobility, consumer, manufacturing, fintech, deeptech, healthcare and more 🪔India-Japan Fund - Two investments in electric mobility with manufacturing facilities across 5 states including upcoming plants 🪔Electric mobility - 300,000+ EVs (including 2Ws, 3Ws, and e-buses) on road across 15+ states 🪔Infrastructure financing - NIIF’s debt platforms support projects in 16 states and 2 union territories, with 50%+ of our loan book across 250+ projects dedicated to green project finance   Driving catalytic change and transformative impact across the country, our investments are lighting the path to a sustainable, bright future.   From all of us at NIIF, we wish you a joyous and prosperous Diwali! May the festival of lights bring warmth, happiness, and new opportunities. #Diwali #Diwali2024 #India #NIIF