Lok Sabha Question No. 3698 (UNSTARRED), answered on 2026-03-16
Subject: India Infrastructure Finance Company Limited
Ministry: FINANCE
Asked by: Shri Ashok Kumar Rawat, Shri Bidyut Baran Mahato, Dr. Hemant Vishnu Savara, Dr. Sanjay Jaiswal, Dr. Kalyan Vaijinathrao Kale, Shri Saumitra Khan, Smt. Kamlesh Jangde, Shri Krishna Prasad Tenneti, Shri Jugal Kishore, Shri Yogender Chandolia, Shri Dilip Saikia, Shri Lumbaram Choudhary, Shri Janardan Mishra, Shri Vishnu Dayal Ram, Smt. Aparajita Sarangi

## GOVERNMENT OF INDIA MINISTRY OF FINANCE DEPARTMENT OF FINANCIAL SERVICES

## LOK SABHA UNSTARRED QUESTION NO. 3698

ANSWERED ON MONDAY, MARCH 16, 2026/25 PHALGUNA, 1947 (SAKA)

## India Infrastructure Finance Company Limited

## †3698.  SHRI DILIP SAIKIA:

SHRI YOGENDER CHANDOLIA:

DR. HEMANT VISHNU SAVARA:

SHRI SAUMITRA KHAN:

SHRI JUGAL KISHORE:

SHRI LUMBARAM CHOUDHARY:

DR. KALYAN VAIJINATHRAO KALE:

SMT. KAMLESH JANGDE:

SHRI BIDYUT BARAN MAHATO:

SHRI ASHOK KUMAR RAWAT:

SMT. APARAJITA SARANGI:

DR. SANJAY JAISWAL:

SHRI VISHNU DAYAL RAM:

SHRI JANARDAN MISHRA:

SHRI KRISHNA PRASAD TENNETI:

## Will the Minister of FINANCE be pleased to state:

- (a) the amount of the funds sanctioned and disbursed by the India Infrastructure Finance Company Limited (IIFCL) during the last three years, sector-wise and year-wise;
- (b) the details of capital infusion, guarantees or any other financial assistance provided by the Government to the said company during the said period;
- (c) the details of the steps taken by the Government to strengthen its role in long-term infrastructure financing, including Credit Enhancement and Refinance mechanisms;
- (d) whether any review has been conducted by the Government regarding the financial performance of the said company, its asset quality and its contribution to infrastructure development; and
- (e) If so, the details thereof?

## ANSWER

## THE MINISTER OF STATE IN THE MINISTRY OF FINANCE (SHRI PANKAJ CHAUDHARY)

- (a) Details of sector-wise and year-wise funds sanctioned and disbursed by IIFCL during last three years are enclosed at Annexure.
- (b) No capital infusion has been provided by Government to IIFCL during last three years. For FY 2022-23 and 2023-24,  no  government  guarantee  was  provided  to  IIFCL.  For  FY  2024-25,  Government  provided

guarantee for new line of credit from ADB of USD 500 million, however, no draw down was made till 31 st March 2025.

- (c) IIFCL is a Board-driven entity and all operational decisions are taken by the Board of IIFCL under the broad mandate provided to it by Government through Scheme for Financing Viable Infrastructure Projects.

IIFCL has operationalized Credit Enhancement Scheme under which it provides partial credit guarantee to enhance the credit rating of bonds issued by infrastructure companies to AA or higher for refinancing of existing loans. As on 31 st March 2025, IIFCL has Sanctioned guarantees of ₹ 2,436 crore for bond issuance exceeding ₹ 9,000 crore by more than 20 infrastructure projects. Also, IIFCL under its refinance scheme has cumulatively sanctioned ₹ 79,897 crore and disbursed ₹ 50,101 crore as on 31 st March 2025.

- (d) &  (e)  Department  of  Financial  Services  regularly  conducts  comprehensive  review  of  IIFCL  inter-alia including its financial performance, contribution to infrastructure development, asset quality etc. Last review meeting was conducted on 27.01.2026.

*****

*Disbursements relates to projects sanctioned in previous years.

*****

## Annexure

During the last three years, sector-wise and year-wise funds sanctioned and disbursed by IIFCL:

(in ₹ crores)

|                                                                       | FY 2022-23     | FY 2022-23    | FY 2023-24      | FY 2023-24    | FY 2024-25      | FY 2024-25    |
|-----------------------------------------------------------------------|----------------|---------------|-----------------|---------------|-----------------|---------------|
| Sector                                                                | Gross Sanction | Disbursem ent | Gross Sanctio n | Disbursem ent | Gross Sanctio n | Disburseme nt |
| Road                                                                  | 13,155         | 5,078         | 11,096          | 7,703         | 10,682          | 3,107         |
| Power                                                                 | 5,696          | 3,907         | 17,328          | 7,009         | 26,052          | 10,397        |
| Airport                                                               | 1,300          | 553           | 2,386           | 1,809         | 1,318           | 1,762         |
| Port                                                                  | 650            | 6             | 500             | 83            | 1,000           | 106           |
| Urban Infrastructure*                                                 | -              | 182           | -               | 278           | -               | 467           |
| Logistics                                                             | -              | -             | -               | -             | 573             | -             |
| Telecomm                                                              | 450            | 300           | -               | -             | -               | -             |
| Social and Commercial Infrastructure                                  | 920            | -             | -               | -             | -               | -             |
| Total (Direct Lending + Takeout + InVIT + Credit Enhancement + Bonds) | 22,171         | 10,026        | 31,309          | 16,881        | 39,624          | 15,840        |
| Refinance                                                             | 7,000          | 3,800         | 11,000          | 5,475         | 11,500          | 12,661        |
| Grand Total                                                           | 29,171         | 13,826        | 42,309          | 22,356        | 51,124          | 28,501        |

Source: IIFCL