lOT Infra gets Rs. 100-cr investment from IIDF
New Delhi   24-Jan-2012

IOT Infrastructure & Energy Services, a 50:50 Joint venture between IndianOil Corporation (IOC) and Germany-based Oil tanking Gmbh, has received Rs.100 crore Investments from India Infrastructure Development Fund (IIDF), a private equity fund managed by UTI Capital through share subscription arrangement. FE was the first to report lIDF plan to invest in IOT infrastructure.