New Delhi: The National Highways Authority of India’s fully owned special purpose vehicle DME Development Ltd will issue green bonds to raise funds for the implementation of environment-friendly measures on the Delhi-Mumbai Expressway project. The first-of-its-kind green bond issue in the roads and highways sector is expected to be launched in the second week of December and will be completed …
NEW DELHI: O2 Power, promoted by European alternative asset manager EQT and Temasek, is acquiring a 49% stake in Rahul Munjal-led Hero Future Energies Pvt. Hero Future Energies sold 20% stake for $150 million to Masdar, also known as Abu Dhabi Future Energy Co. in November 2019, valuing the New Delhi-based company at $750 million. The O2 Power-Hero Future Energies …
New Delhi: Coal India Ltd on Thursday said two large value tenders have been floated to construct 135 km east-west rail corridor at an estimated cost of Rs 4,970 crore in Chhattisgarh through an SPV. “Setting the wheels in motion, two large value tenders for the construction of 135 km rail line from Gevra Road to Pendra Road, to be …
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