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Revamped BOT Model to Drive Trillion-Dollar Capex Boom in India by 2030

India Ratings and Research (Ind-Ra) highlights that the revamping of the built-operate-transfer (BOT) model aims to attract private capital expenditure, estimated to exceed Rs 1 trillion by 2030. This, along with the Hybrid Annuity Model (HAM) road projects and National Monetisation Pipeline (NMP), has boosted public-private partnerships and foreign investments.
Research Ind National Monetisation Pipeline India Ratings Annuity Model

Namami Gange: Urban river management focus of MoU inked at COP28

The National Mission for Clean Ganga and Mississippi River Cities and Towns Initiative (MRCTI) signed a Memorandum of Common Purpose at the ongoing COP28 in Dubai. It aims to collaborate on issues related to urban river management, which includes a comprehensive water monitoring program, sharing best practices for re-naturing urban areas, and restoring aquatic ecosystems for sustainable urban development.
United Arab Emirates United States G Asok Kumar Towns Initiative Global River Cities Alliance River Cities Alliance
Source: theweek.in

AI Cameras Don't Violate Citizens' Privacy; All Data Encrypted And No Question Of Leakage: State Defends 'Safe Kerala Project' In High Court

Defending its Safe Kerala Project in the High Court which encompasses installation of AI-cameras on the streets for capturing traffic violations, the Kerala government has assured that there is...
Justice Vg Arun Pd Sunil Babu Ramesh Chennithala Justiceaj Desai Safety Authority Motor Vehicle Department
Source: livelaw.in

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Shrem Group: Shrem Group to raise Rs 4,100 cr via InvIT, SBI loan

Explore Now MUMBAI: Local investors HDFC MF, LIC of India, Nippon MF, Darashaw and Trust Capital are in talks with Mumbai-based Shrem group, which is set to launch an infrastructure investment trust (InvIT) of Rs 600 crore via an initial public offer, two people with knowledge of the matter told ET. The company will also raise about Rs 3,500 crore loan from the State Bank of India at a rate in the range of 7-7.35 percent with 15-year maturity as it seeks to repay existing high-cost debt. Final...
Madhya Pradesh Uttar Pradesh Nitan Chhattwal Dilip Buildcon Shrem Group Trust Capital

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