Latest Articles in special purpose vehicle
Bharat Road Network signs deal with CDPQ for the sale of a 67-kilometer road project in Odisha, India
• Global institutional investor CDPQ to carry out its first transportation investment in India with the purchase of a 67-kilometer expressway from BRNL and its partners. • The asset will be the first of a new CDPQ-owned platform dedicated to road infrastructure in India • The sale will allow BRNL to reduce the debt and also to utilise the proceeds for organic and inorganic growth
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Chennai Metro Rail Selects Trimble To Implement Rail Asset Management Solutions
Once implemented by Trimble and its Chennai-based partner KKM SOFT, the project will be one of the first examples of digital real-time, condition-based monitoring rolled out by an Indian rail operator.
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‘Financially Independent Cities Will Be More Welfare Oriented’
City governance is a complex system. The governance framework at the city level must be in sync with the with the culture, heritage, economy, competitiveness and institutions. That is the reason just constituting special purpose vehicle is not enough for the success of the Smart Cities in India. D. Dhanuraj, Chairman of Centre for Public Policy Re-search (CPPR), a think tank dedicated to research on current economic, social, and political issues, in conversation with Chahat Jain of BW SmartCities talks about the city governance, the need for financial and administrative autonomy of the cities and the various transportation models, which are required for the success of Smart Cities in India. An edited excerpt:
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Bhubaneswar Smart City Project To Have Rs 250 cr Paid Up Capital
BMC chairman Kishan Kumar said the SPV would have around 19 officers and staff from among whom 6 officers would be on whole time deputation and 13 would be recruited from open market
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Ambition versus Achievement
Can India implement Prime Minister Narendra Modi’s visionary urban development programmes? The answer lies in building capacities
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Railways, Maha govt to set up SPV for railway infrastructure
Maharashtra Railway Infrastructure Development Corporation (MRIDC), a special purpose vehicle, will be set up to provide a boost to the railway infrastructure projects in the state
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Smart Municipalities for Smart Cities
The entire approach and philosophy underlying the governance and management aspects of the recently-announced Mission should aim at strengthening local governance systems instead of weakening them
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