About 3.3 million people in Andhra Pradesh will have access to safe drinking water following the approval of a $400 million loan by the Asian Infrastructure Investment BankÂ’s (AIIB) Board of Directors.
Tag: ULB
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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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With municipal bonds, ULBs will be accountable
There are many sources to fund projects envisaged by selected smart cities. One of the important means is grants by governments-state and central. In fact, the smart cities can structure themselves to monetise some of the assets under their possession and identify revenue-generating projects.
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Integrated water management key to avert water crisis
India is on the verge of water crisis today. The crisis is twofold: major losses in potable water supply and inadequate sewage treatment facilities across the country.
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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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We are deploying projects worth over Rs.10,000 crore in Rajasthan
Being one of the leading states in implementing schemes backed by the Centre, Rajasthan is always in the forefront, whether it is for energy efficiency or municipal reforms.
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I call it the 4-P model where the fourth P stands for people
It is yet to emerge as an organised sector in comparison to the other sectors where you have model concession agreements. The bankers are also very familiar with terms and conditions.
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Save That Drop!
Two of the most crucial UN Millennium Development Goals (MDGs), set in 2000, were to halve the numbers of those in the world without drinking water and sanitation by 2015.
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The Smart Cities programme is brimming with potential for smart water solutions
Urban settlements´ access to a reliable water supply is improving, as is the quality of the water supplied. However, there is still a great deal more to do. The World Bank estimates that 21 per cent of communicable diseases in India are related to unsafe water.
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Constructing path for infrastructure development
The Securities and Exchange Board of India (SEBI) has approved new norms for issuance and listing of municipal bonds or Muni bonds on stock exchanges. The decision will help raise funds for infrastructure projects and the government´s smart cities initiative.
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