The general body members of the Navi Mumbai Municipal Corporation (NMMC) have rejected the Smart City proposal for the third time, reports the Times of India. The conditions cited to be included in the Smart City list are Ă´unacceptable and not in the best interest of the cityĂ´, these members said.
Tag: SPV
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Navi Mumbai general body turns down Smart City proposal
The general body members of the Navi Mumbai Municipal Corporation (NMMC) have rejected the Smart City proposal for the third time, reports the Times of India. The conditions cited to be included in the Smart City list are Ăâunacceptable and not in the best interest of the cityĂâ, these members said.
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RB Infra plans to raise Rs.6,000 crore through InvITs
In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs.5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
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RB Infra plans to raise Rs 6,000 crore through InvITs
In what could be the first fund-raising exercise through Infrastructure Investment Trusts (InvITs), toll road builder IRB Infrastructure Developers is planning to raise Rs 5,000-6,000 crore and is expected to file the draft red herring prospectus (DRHP) within a month.
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Addressing Infrastructure Financing Needs
After liberalisation, the governmentĂ´s primary focus was on reducing the fiscal deficit to restore macroeconomic stability, reforming trade and exchange rate policies and liberalising foreign investment policy. Infrastructure was never a growth constraint in the short term, considering the low utilisation of the existing infrastructure then.
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We will soon form an SPV for port connectivity projects
The state has a long coastline of 720 km, which is almost 10 per cent of IndiaĂ´s coastline. ItĂ´s well connected through 18 National Highways and nearly 6,000 km of the railway network.
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Centre plans to give the Smart City project a Ă´brandedĂ´ look soon
Wary of state governments taking political advantage of the Modi governmentĂ´s flagship Smart City
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3rd Smart Cities Summit 2016
It was a day-long event that witnessed participation from over 70 distinguished speakers and a high-powered, 50-member Smart Cities Trade Mission led by Bruce Andrews, Deputy Secretary, US Department of Commerce.
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APM Terminals Pipavav is the first public private partnership in the sector
APM Terminals Pipavav currently has a capacity to handle up to 850,000 TEUs of containers, 4-5 million MT of dry bulk cargo, 2 million MT of liquid cargo and about 250,000 cars per year. We are currently in the midst of an expansion primarily to increase the container handling capacity from 850,000 TEUs to 1.35 mn TEUs a year.
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Bridging the gap
E-commerce has revolutionised the retail logistics in our country. It has opened up big opportunities in supply chain management. Definitely, this is a positive development for the logistics sector.