Partnerships
NaBFID has both financial and developmental objectives. The developmental objective shall be to co-ordinate with the Central and State Governments, regulators, financial institutions, institutional investors, and such other relevant stakeholders, in India or outside India, to facilitate building and improving the relevant institutions to support the development of long-term non-recourse infrastructure financing in India including the domestic bonds and derivatives markets.
Under these objectives, among others, NaBFID have been engaging with various multilateral and like institutions and exploring partnerships, to facilitate building and improving the relevant institutions to support the development of long-term non-recourse infrastructure financing in India, including the domestic bonds and derivatives markets.
Partnership with International Finance Corporation (IFC), the World Bank Group
To develop a robust pipeline of investment-ready PPP projects in infrastructure across India, NaBFID and IFC signed Memorandum of Understanding (MoU) on June 2, 2023. The collaboration aims to support the nation's target of achieving a $5-trillion economy while fostering low-carbon and climate-resilient growth.
Under the MoU, NaBFID and IFC will collaborate to jointly identify and develop PPP projects. In addition, comprehensive transaction advisory services will be available for those initiatives. The projects will be selected and implemented with an eye on sustainability as well as climate adaptation and mitigation, supporting India’s climate commitments.
The initial projects are expected to mobilize around $2 billion in private investment over the next few years in national priority sectors, including renewable energy, energy storage, urban infrastructure, and others. While providing models for replication and scaling up, projects developed through this partnership will be critical to mobilizing private funding to meet India’s massive infrastructure investment needs—around $1.4 trillion, including $290 billion through the private sector, as estimated by the National Infrastructure Pipeline (NIP).
Letter of Intent (LoI) with Asian Development Bank (ADB) and Foreign Commonwealth & Development Office
NaBFID and ADB has LoI to enhance collaboration in financing India’s Infrastructure in the areas of climate finance, co-financing facilities and support in financing Urban Local Bodies/Municipal Corporations.
Further, NaBFID and Foreign Commonwealth & Development Office has signed LoI to explore opportunities for financing of climate positive infrastructure projects, development of financial instruments and capacity building.
The LoI marks a beginning towards deepening collaboration between the two entities and serves as a foundational platform to further strengthen the partnerships and formalize this relationship.
Memorandum of Understanding (MoU) with New Development Bank (NDB)
With the focus on creating a deep and sustainable infrastructure financing market and developing a supportive ecosystem around it, NaBFID and NDB signed an MoU on April 07, 2025.
This collaboration will help bridge the infrastructure financing gap and explore long-term collaboration opportunities, including the exchange of technical expertise, joint participation in infrastructure investments through credit lines, guarantees, co-financing and technical cooperation schemes.
The MoU lays the foundation to collaborate on thematic areas within the mandates of both the organizations including renewable energy, energy efficiency, clean transportation, sustainable water management, and sewage treatment.
Additionally, NaBFID and NDB will also partner in research and capacity-building initiatives.
