KIIFB to Organise Conclave on Infra Financing on Aug. 26

Thiruvananthapuram: Kerala Infrastructure Investment Fund Board (KIIFB), the State’s nodal agency for funding infrastructure projects, will organise a national seminar on the topic “Opportunities and Challenges in Public Infrastructure Financing” here on August 26.

Chief Minister Pinarayi Vijayan will inaugurate the seminar at the Hilton Garden Inn. Finance Minister Dr. Thomas Isaac will preside over the function. Ajay Tyagi, Chairman, Securities and Exchanges Board of India (SEBI), will present the keynote address.

KIIFB CEO and Additional Chief Secretary (Finance), Government of Kerala, Dr. K.M Abraham, will deliver the welcome address.

Representatives of major institutional investors, industry experts, key financial sector regulators and policymakers will attend the seminar, which will discuss the issues and emerging trends in public infrastructure financing.

In the first session that focuses on the challenges faced in large-scale land acquisition for infrastructure projects in India, Delhi Mumbai Industrial Corridor Development Corporation CEO and Managing Director Alkesh Kumar Sharma will share his experience in handling the land acquisition process for one of the largest and most ambitious industrial projects.

Srikant Nagulapalli, former Commissioner of Andhra Pradesh Capital Region Development Authority, will speak about the unique land pooling model adopted for acquiring the land for Amaravati, the new capital of Andhra Pradesh.

The second session will see V.S. Senthil, Additional Chief Secretary (Planning and Economic Affairs), Government of Kerala, provide an overview of the role that capital markets can play in attracting a wider audience towards infrastructure financing.

S. Krishnan, Principal Secretary (Planning, Development and Special Initiatives), Government of Tamil Nadu, will share his State’s experience in attracting investments for infrastructure projects through capital markets.

India Infrastructure Finance Company Limited (IIFCL) Chairman and Managing Director Sanjeev Kaushik will speak on attracting institutional finance for infrastructure projects, while Prakash Rao, from the National Investment and Infrastructure Fund, will speak on the use of sovereign wealth funds.

There will be a presentation by Dr. Abraham on land bonds and other new innovative instruments and structures proposed by the KIIFB to raise funds for infrastructure projects.

This will be followed by a panel discussion by industry experts on the regulatory framework that governs the issuance of land bonds and other hybrid instruments that are being proposed.