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Vertis Raises Rs 9 Billion via Sustainability-Linked Bond

Vertis Infrastructure Trust announced on 23 July that it has raised Rs 9 billion through a Sustainability-Linked Bond (SLB), marking a significant move in India’s ESG-aligned infrastructure financing.Formerly known as Highways Infrastructure Trust, Vertis is a SEBI-registered Infrastructure Investment Trust (InvIT). The issuance was anchored by the International Finance Corporation (IFC), signalling strong global investor confidence in India’s evolving sustainable finance landscape.The SLB includes predefined sustainability performance targets, linking interest rates to environmental and s..

IndoSpace to Invest Rs 10.4 Billion in Pune Logistics Park

IndoSpace will invest over Rs 10.4 billion to develop a 188-acre industrial and logistics park in Chakan, Pune, strengthening its presence in one of India’s most prominent manufacturing corridors. This will be the firm’s eighth logistics park in the region, taking its Pune footprint to 525 acres.The new facility, IndoSpace Chakan V, will cater to rising demand from sectors such as automotive, engineering, electronics, and third-party logistics (3PL). Located in MIDC Chakan, the park benefits from its proximity to key highways, including the Mumbai-Pune Expressway, Pune-Nashik Highway, Pune..

RITES, CMPDI Partner on Mining and Renewable Projects

RITES Ltd., a leading transport infrastructure consultancy, has signed a memorandum of understanding (MoU) with Central Mine Planning & Design Institute (CMPDI), a subsidiary of Coal India Ltd., to form a strategic partnership centred on mining and renewable energy initiatives.The partnership aims to jointly identify and pursue consultancy assignments in India and abroad, particularly across sectors such as mining, power, renewable energy, and related infrastructure. The MoU, signed in Ranchi, combines RITES’ global expertise in logistics, infrastructure planning, and market intelligence..