India Infrastructure Finance Company Ltd (IIFCL), a wholly owned Government of India company, set up for providing long term financial assistance to viable infrastructure projects in the infrastructure sector, intends to establish a fresh panel of law firms with experience in infrastructure finance.
IIFCL raises long term debt from the domestic market, debt from bilateral and multilateral institutions and in foreign currency through external commercial borrowings. The borrowings of the company are normally backed by sovereign guarantee.
IIFCL needs to avail itself of competent legal advice and assistance in the matter relating to various legal issues, applicability of Statues, Acts, provisions of laws, etc. in relation to lending to infrastructure sectors and for providing overall and specific advice with respect to contracts and agreements required to be executed for all its operations.
Deadline for submission of applications is 25 November 2013.See tender notice: http://www.iifcl.org/WriteReadData/Tender/201311140615183876953Advertisement_EmpanelmentofLawFirms_IIFCL.pdf