IIFCL Projects Ltd (IPL), a wholly owned subsidiary of India Infrastructure Finance Company Limited (IIFCL), a 100% Government of India Undertaking. IPL is a dedicated advisory company that is involved in the areas of Project Appraisal, Debt Syndication, Transaction Advisory, Capacity Building and other forms of Financial Consulting.
Recent IPL Updates


Message from Hon'ble President of India for VAW 2024 Message from Hon'ble Vice - President of India for VAW 2024 Message from Hon'ble Prime Minister of India for VAW 2024 Message from the Commission for VAW 2024






IIFCL Projects Limited has signed a Memorandum of Understanding with the Eco Development Society , Govt. Of Meghalaya for Forest Management


Renewal of Tamil Nadu Infrastructure Development Board Mandate for IPL


Participate in the Fight against Corruption-Take Integrity Pledge” * * * Observance of Vigilance Awareness Week 2021 – Theme "Independent India@75 ; Self Reliance with Integrity (स्वतंत्र भारत @75 : सत्यनिष्ठा से आत्मनिर्भरता)"


IIFCL Projects Limited has been appointed as Principal Infrastructure Advisor for the state of Manipur


IIFCL Projects Limited has been Appointed as a Project Management Unit (PMU) for implementation of World Bank funded “Raising and Accelerating MSME Performance (RAMP)” programme


IPL Submitted a DPR for Setting up a National Textile and Livelihood Fund for Ministry of Textiles, Government of India

Setup Meghalaya Empowered Committee & PPP Policy for Meghalaya


Capacity Building workshop for Kerala Infrastructure Investment Fund Board (KIIFB) for mobilizing funds through its maiden domestic bond issue.

IPL completed Program for KfW to support Application of Decentralized Solar Solutions in Indian MSME along with Deloitte


IPL provides advisory services to develop comprehensive PPP structures and relevant legal, commercial and financial guidance documents, to assist Authorities in selection of Private Partners for projects – Ports, Airports, Urban Transport, Highways, Multi-Modal Transit Centres and several other Infrastructure sub- sectors and continues to assist till the signing of the agreement.

IPL can assist in raising long term funds from various lenders –Banks/FIs. IPL can also help connect with various Long Term investors such as Pension Funds, Insurance Funds, Sovereign Wealth Funds & Private Equity players. IPL also handholds and supports in the creation of innovative financing vehicles such as Alternative Investment Funds etc.
IIFCL Projects Limited is fortunate to have a group of exceptionally talented and experienced group of people as it's Board of Directors
Chairman and Director, IPL
Managing Director (Addl. Charge), IIFCL
A total of 26 years of experience in infrastructure transaction advisory/ investment (debt, equity, and funds), public private partnerships in infrastructure, management consulting and fund raising, capacity building & training in India. Led teams through a variety of leadership roles as Business Head/Regional Manager/Practice Head/Project Manager ranging from a small knowledge based/project teams to over 50 professional staff

Chief Executive Officer, IPL
Mehul Patwari is infrastructure and investment professional with around 26 years of leadership experience in project development, infrastructure finance, transaction advisory, PPP structuring, and fund raising. He has held senior roles in leading organizations across public, private, and international development sectors. Proven track record in conceptualizing and financing large-scale sustainable infrastructure, engaging with multilateral agencies, and driving institutional growth. He has led teams across infrastructure verticals including urban infrastructure, greenfield city development, renewable energy, transport, ICT, e-mobility, Oil & gas, real estate, tourism and nature-based solutions. He is a civil engineering graduate with a MBA in finance.

Director, IPL (General Manager, IIFCL)
T Hari Krishnan, General Manager (Credit Dept and NPA Dept) of IIFCL has over 25 years of experience across Development Banking, Project Finance/Infrastructure Finance, Policy matters, Financial Restructuring and Resolution of Stressed Assets across several sectors. In IIFCL, he has been part of the teams that processed and sanctioned financial assistances for roads, ports, airports, railway, metro, INVITs etc. Earlier he has worked for Industrial Finance Corporation of India (IFCI) and ICICI Bank. He has the experience of handling financial assets across all stages of the loan life cycle. He is an Engineer with MBA and is a Certified Associate of Indian Institute of Bankers (CAIIB) with distinction.

Director, IPL
CHIEF CREDIT OFFICER, IIFCL
Raj Kumar Ralhan has over 28 years of leadership experience across Infrastructure Finance/Advisory, Consultancy, Investment Banking, Project Finance, Debt Syndication, Fund raise (both debt and equity), Financial Restructuring, Stressed Assets Resolution, Insolvency Advisory, M&A, and Development Banking, across sectors. He is currently working as Chief Credit Officer of India Infrastructure Finance Company Ltd (IIFCL)...

Director, IPL
Chief General Manager, IIFCL
He carries over 22 years of work experience with 20 years in the Banking and Non-Banking Finance Company (NBFC) space in India, mainly in Infrastructure Project Finance, Small and Medium Enterprise (SME) and Retail Asset financing domain. Having handled various critical functions across sectors at IIFCL, DCB Bank, Bank of Rajasthan and ICICI Bank, he has developed a comprehensive knowledge of Credit appraisal, Risk assessment, Price structuring, Policy formulation, Risk containment, Portfolio Management and Corporate Strategy & Planning.
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Independent Director
He is Ex-ED, Punjab & Sind Bank and has rich Banking experience of around 40 years with expertise in Treasury Corporate Credit, International Banking, Equity & Debt Capital raising, Compliances and Risk Management. In Banking, his career remained quite bright and he headed the branches/ controlling offices besides worked in Head Office of the Bank. As a Chief General Manager of the Oriental Bank of Commerce, he headed the Large Corporate Credit Department and as a General Manager, he headed Integrated Treasury and International Division, Mid Corporate Credit, Merchant Banking Division, Investor Relation etc.
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