Forging Future: Powering India's Infrastructure Development

The National Bank for Financing Infrastructure and Development teams up with Projects Development Company of Rajasthan Limited to bolster advisory services for infrastructure projects in India. This partnership aims to enhance project quality, mobilize capital, and expedite sustainable infrastructure development across state governments and urban local bodies.

The National Bank for Financing Infrastructure and Development has entered into a strategic partnership with the Projects Development Company of Rajasthan Limited (PDCOR) to enhance advisory services for infrastructure projects at both state and city levels.

This Memorandum of Agreement facilitates collaborative efforts in financing and transaction advisory, including transaction structuring, due diligence, and financial closure facilitation. The partnership aims to support infrastructure projects across India, according to a statement from PDCOR.

Dileep Chingapurath, CEO of PDCOR, expressed that this initiative addresses the urgent need for professional support in structuring sustainable financing solutions. By joining forces, the institutions aim to improve project quality, mobilize institutional capital efficiently, and fast-track sustainable infrastructure initiatives across states and municipalities.