 "debt, money, loans, invest, income, mutual fund, MF, investment, bad loans, debenture,")
The IL&FS group and US-based Lone Star are expecting to jointly invest about $125 million in distressed infrastructure projects in thermal power and the road sectors by the end of the current financial year.
They had signed a pact in February to jointly invest in distressed infrastructure projects, with a capital pool of $550 million. The collaboration could result in asset purchases of up to $2.5 billion. IL&FS executives said jointly they could invest in three projects by the close of FY18. The screening of projects is underway.
IL&FS has an exposure to various segments in power, including thermal power, and the
