The 'NIIF Chair in ESG' will work towards structuring and crafting a strategic roadmap for policy makers, practitioners, and students at IIM Ahmedabad to help plug in gaps in research and development in the area.
Va Tech Wabag has achieved financial closure for its hybrid annuity project received from Kolkata
Metropolitan Development Authority.
The company had earlier signed a Rs. 575 crore HAM concession agreement under
the Namami Gange programme administered by the National Mission for Clean
Ganga (NMCG) which included the scope of engineering, supply and construction of new sewage treatment plants, renovation and up-gradation of existing sewage
treatment plants, rehabilitation of pumping stations and other associated
infrastructure in Kolkata.
WABAG will execute Engineering, Procurement and
Construction (EPC) portion of this project over 24 months followed by O&M of 15
years.
Once complete, the project with a cumulative wastewater treatment capacity
NIIFL to invest $100 million from New Development Bank into the NIIF Fund of Funds
Xian Zhu, VP and COO of NDB noted that the investment will provide India’s private sector with additional funds during the time of crisis
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The National Investment and Infrastructure Fund (NIIFL) on February 11 announced a commitment of $100 million from the New Development Bank (NDB) into the NIIF Fund of Funds (FoF) taking the FoF s secured funding commitments to $800 million.
With this, the NDB joins the Government of India (GoI), Asian Infrastructure Investment Bank (AIIB) and Asian Development Bank (ADB) as an investor in the FoF. It also marks the bank s first equity investment in India and its first investment ever in a FoF.