spv

Cochin Smart Mission Ltd (CSML) is mooting a proposal to purchase electric buses to ply in the city. The director board of CSML held last week also mooted a proposal to operate solar boats in the city.

Pursuing its aim to totally shift to renewable sources of energy for the city-wide power demand by 2030, the UT Administration will expand the use of the government buildings for setting up of the solar power plants.

The independent expert group on strengthening multilateral development banks (MDBs) is discussing creation of a window or special purpose vehicle (spv) within entities, such as the World Bank, to meet climate and transboundary financing of low and middle-income countries.

Train users can expect better amenities at Taramani and Velachery MRTS stations which Chennai Unified Metropolitan Transport Authority has identified for development after the state government takes over operations.

The state government has given revised administrative sanction for an amount of Rs 207.35 crore for the development of Thiruvananthapuram General Hospital (GH). The government had earlier accorded administrative sanction for an amount of Rs 143.06 crore for the development of the hospital.

The Uttar Pradesh State Road Transport Corporation (UPSRTC) board of directors on Tuesday gave in-principle approval to constitute a special purpose vehicle (spv) with National Highways Logistic Management Limited (NHLML) for development of bus stations identified into world-class bus ports on PPP (Public Private Partnership) mode.

The Gujarat government has decided to set up a special purpose vehicle (spv) which will oversee the planning and execution of various projects that are being planned as part of Ahmedabad’s bid to host the 2036 Olympic Games.

The move to lay railway lines and introduce semi high speed and high speed rail connectivity is to get a fillip with the state government set to form a special purpose vehicle through Tidco with railways.

The PM MITRA Mega Textile park announced by Prime Minister Narendra Modi on Friday is likely to generate more than 1 lakh direct and 2 lakh indirect jobs. The park will come up over 1,300 acre of land in Lucknow and Hardoi districts with an estimated investment of Rs 10,000 crore.