India Infrastructure Finance Company Ltd (IIFCL) aims to double its exposure to infrastructure investment trust (InvIT) to Rs 2,500 crore during the current financial year.
IIFCL invested Rs 975 crore in project bonds, including around Rs 324 crore of bonds in renewable energy InvIT during 2021-22.
“We are looking at all good AAA rated InvITs for investment on the debt side. Depending on the opportunities, InvIT exposure may cross Rs 2,500 crore by the end of the current financial year,” IIFCL managing director P R Jaishankar told PTI.
