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30 January 2023

IIFCL approves ₹6,630-cr funding for new airport projects


(Image Source : https://www.nbmcw.com/images/news/AirportProjects.webp)

The India Infrastructure Finance Company Limited (IIFCL) has recently approved funds of ₹6,630 crore for the construction and development of six major airports. Additionally, IIFCL has given preliminary approval of ₹638 crore for the development of a new greenfield airport in Andhra Pradesh. Overall, investments of over ₹85,000 crore have been planned for airport infrastructure during the fiscal years from FY23 to FY27.

Source : https://www.nbmcw.com/news/ports-airports-waterways/iifcl-approves-rs6-630-cr-funding-for-new-airport-projects.html

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