Special purpose vehicle soon to implement Polavaram project

A Memorandum of Understanding between Ministry of New and Renewable Energy (MNRE) and Ministry of Petroleum and Natural Gas (MoP&NG) was signed recently, according to a statement issued by the government.

The two companies, in which Hayat Invest holds the majority stake, have jointly launched a special purpose vehicle , Jacaranda Properties. CHENNAI: Kuwait-based investment company Hayat Invest as part of foraying into the domestic real estate business today ...

The Coal Ministry will next week review the status of the formation of special purpose vehicles and joint venture companies among state government firms which have been jointly allocated coal blocks. The Additional Secretary will hold the meeting with the ...

L&T Metro Rail (Hyderabad), a special purpose vehicle incorporated to execute the elevated metro rail project in Hyderabad, expects 50-55% of its revenues coming in from real estate and the remaining from ridership in the initial years, according to chief ...

A cabinet panel Monday approved the formation of a Special Purpose Vehicle (SPV) for implementing a model solar power project at Neemrana in Rajasthan."The Cabinet Committee on Economic Affairs has approved the formation of a SPV for implementation and ...

12:39 AM [SINGAPORE] Temasek Holdings is spinning off more of its investments into a special-purpose vehicle (SPV) to reach a broader base of investors in the longer term. Also in the works from the Singapore investment firm is a retail bond ...

MARC has affirmed its rating of AAAIS(fg)on special purpose vehicle TSH Sukuk Musyarakah Sdn Bhd's (TSH Musyarakah) MYR 100 million Guaranteed Islamic Medium Term Notes programme (Sukuk Musyarakah) with a stable outlook. The affirmed rating and ...

Common Procurement Vocabulary Hire of passenger transport vehicles with driver Taxi services Special-purpose road passenger-transport services Non-scheduled passenger transport Transport services (excl. Waste transport) Hire of buses and ...

Toyota Kirloskar Motor ( TKM) on Wednesday announced recall of 44,989 units of multi- purpose vehicle Innova manufactured between February 2005 and December 2008 in the country to rectify a faulty cable on the steering wheel. The move is part of a ...