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Smart Cities: Financing Challenges

Smart Cities: Financing Challenges

In the next five years, special purpose vehicles (SPVs) will be spending around Rs.1,631 billion on projects conceived under area-based development and Rs.388 billion on pan-city development.

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Low-value projects are among the most challenging

Low-value projects are among the most challenging

The $1billion US-based engineering and construction management company, Louis Berger, has been active in India for over 20 years. The New Jersey-based corporation is engaged in a slewof projects, including bridges, tunnels, roads, highways, railways, and transit, aviation and smart cities.

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Bonding with the Best

Bonding with the Best

With 89 Smart Cities having initiated the credit rating process for municipal bonds, and instruments worth Rs.3,000 crore on the issue horizon, the fiscal future looks ideal for these prime urban spaces.

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Local bodies to woo investors for projects in Pune

Local bodies to woo investors for projects in Pune

With the state and the Centre asking local governing bodies to generate their own revenue and develop infrastructure without depending on government aid, both Pune Municipal Corporation (PMC) and the Pune Metropolitan Development Authority (PMRDA) are gearing up to attract private players to invest in the city and the region.

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NBCC bags order worth Rs.2.31 bn

NBCC bags order worth Rs.2.31 bn

National Buildings Construction Corporation (NBCC)has secured project management and consultancy (PMC) business of Rs 2.31 billion from IIT, Roorkee. Earlier, the company has been entrusted PMGSY works valued at Rs 12.37 billion in Odisha

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