Scope of Activities

IIFCL is engaged in providing long-term financial assistance to commercially viable infrastructure projects in the country in designated sectors covered in the Harmonized Master List of Infrastructure Sub-sectors as notified by the Department of Economic Affairs, Government of India, as follows:

Sl. No.CategoryInfrastructure sub-sectors
1.Transport and Logistics
  • Roads and bridges
  • Ports1
  • Shipyards2
  • Large Ships3
  • Inland Waterways
  • Airport
  • Railway track including electrical & signalling system, tunnels, viaducts, bridges
  • Railway rolling stock along with workshop and associated maintenance facilities 
    Railway terminal infrastructure including stations and adjoining commercial infrastructure
  • Urban Public Transport (except rolling stock in case of urban road transport)
  • Logistics Infrastructure4
  • Bulk Material Transportation Pipelines5
2.Energy
  • Electricity Generation
  • Electricity Transmission 
  • Electricity Distribution
  • Oil/Gas/Liquefied Natural Gas (LNG) storage facility6
  • Energy Storage Systems (ESS)7 
3.Water and Sanitation
  • Solid Waste Management 
  • Water treatment plants
  • Sewage collection, treatment and disposal system
  • Irrigation (dams, channels, embankments, etc.)
  • Storm Water Drainage System  
4.Communication
  • Telecommunication (fixed network)8
  • Telecommunication towers
  • Telecommunication & Telecom Services
  • Data Centres9 
5.Social and Commercial Infrastructure
  • Education Institutions (capital stock)
  • Sports Infrastructure10 
  • Hospitals (capital stock)11 
  • Tourism infrastructure viz. (i) three-star or higher category classified hotels located outside cities with population of more than 1 million, (ii) ropeways and cable cars 
  • Common infrastructure for Industrial Parks and other parks with industrial activity such as food parks, textile parks, Special Economic Zones, tourism facilities and agriculture markets 
  • Post-harvest storage infrastructure for agriculture and horticultural produce including cold storage 
  • Terminal markets 
  • Soil-testing laboratories 
  • Cold Chain12 
  • Affordable Housing13 
  • Affordable Rental Housing Complex14 
  • Exhibition-cum-Convention Centre15

Notes:

  1. Includes Capital Dredging

  2. “Shipyard” is defined as a floating or land-based facility with the essential features of waterfront, turning basin, berthing and docking facility, slipways and/or ship lifts, and which is self-sufficient for carrying on shipbuilding/repair/breaking activities. 

  3. “Large Ships” means Commercial Vessels having a gross tonnage of ten thousand or more, which are under Indian ownership and flag, OR Commercial vessels having a gross tonnage of one thousand five hundred or more, which are built in India and are under Indian ownership and flag. 

  4. "Logistics Infrastructure” means and includes Multimodal Logistics Park comprising Inland Container Depot (ICD) with minimum investment of Rs 50 crore and minimum area of 10 acre, Cold Chain Facility with minimum investment of Rs 15 crore and minimum area of 20,000 sft, and/or Warehousing Facility with investment of minimum Rs 25 crore and minimum area of 1 lakh sq ft. 

  5. Includes Oil, Gas, Slurry, Water supply and Iron Ore Pipelines I

  6. Includes strategic storage of crude oil. 

  7. Includes dense charging infrastructure and grid scale Energy Storage Systems (ESS) with a minimum qualifying capacity of 200 MW-Hr, provided that ESS is not being established on merchant basis. 

  8. Includes optic fibre/wire/cable networks which provide broadband / Internet. 

  9. Data Centre housed in a dedicated/centralized building for storage and processing of digital data applications with a minimum capacity of 5 MW of IT load. 

  10. Includes the provision of Sports Stadia and Infrastructure for Academies for Training/Research in Sports and Sports-related activities. 

  11. Includes Medical Colleges, Para Medical Training Institutes and Diagnostics Centres. 

  12. Includes cold room facility for farm level pre-cooling, for preservation or storage of agriculture and allied produce, marine products and meat. 

  13. “Affordable Housing” is defined as a housing project using at least 50% of the Floor Area Ratio (FAR)/Floor Space Index (FSI) for dwelling units with carpet area@ of not more than 60 square meters. 

  14. “Affordable Rental Housing Complex” means a project to be used for rental purpose only for urban migrant/poor (EWS/LIG categories) for a minimum period of 25 years with basic civic infrastructure facilities such as water, sanitation, sewerage/ septage, road, electricity along with necessary social/commercial infrastructure and the initial rent fixed by Local Authority/ Entities based on local survey of surrounding area wherein the project is situated. Project means a listed project having at least 40 Dwelling Units of double room or single room or equivalent Dormitory Units or a mix of all three in any ratio but not more than one third of total built up area under double bedrooms units. Dwelling Units (DUs) means a unit comprising of double bed room with living area, kitchen, toilet and bathroom of up to 60 square meters carpet area@ or single bed room with living area, kitchen, toilet and bathroom of up to 30 square meters carpet area@. Dormitory Units means a set of 3 Dormitory Bed with common kitchen, toilet and bathroom in 30 square meters carpet area@ meaning 10 square meters carpet area@ per Dormitory Bed. @ “Carpet Area” shall have the same meaning as assigned to it in clause (k) of section 2 of the Real Estate (Regulation and Development) Act, 2016. 

  15. “Exhibition-cum-Convention Centre” is defined as Exhibition and Convention Centre Projects with minimum built-up floor area* of 100,000 square metres of exclusively exhibition space or convention space or both combined. 
    * Built up floor area includes primary facilities such as exhibition centres, convention halls, auditoriums, plenary halls, business centres, meeting halls etc.

In addition, IIFCL can also extend financial assistance to projects falling under Allied Infrastructure sectors as listed below:

  1. Electric vehicles, including commercial vehicles and buses. 

  2. Entities owning rolling stock of electric vehicles and providing services to the public pursuant to bids invited by various Government authorities.* 

  3. Batteries and allied infrastructure for electric vehicles, including battery charging networks. 

  4. Solar cells, panels, and modules. 

  5. Installation of smart meters awarded pursuant to bids invited by State/Central Government authorities. 

  6. Green hydrogen/ammonia projects and related ancillary facilities, including pipelines and electrolysers. 

  7. Windmills and related equipment. 

  8. Solar irrigation projects. 

  9. Biofuel projects. 

  10. Three-star or higher category classified hotels located in cities with a population of more than one million. 

  11. Any other activity promoted by the Government of India through MNRE, Gati Shakti, National Development Plans, or any other Government department in relation to infrastructure sectors and/or the National Infrastructure Pipeline (NIP) / National Monetisation Pipeline (NMP). 

  12. Projects classified under the Harmonised Master List of Infrastructure Sub-sectors and/or the above-mentioned Allied Infrastructure Sub-sectors being set up outside India by Indian developers.

* Project Cost will include purchasing and deployment cost of EV Buses/Commercial Vehicles and allied charging infrastructure