AIIB to lead Rs 25 bn funding in Mahindra OTPP's Green InvIT
ECONOMY & POLICY

AIIB to lead Rs 25 bn funding in Mahindra OTPP's Green InvIT

The Asian Infrastructure Investment Bank (AIIB) is set to take the lead in a funding round of Rs 25 billion for Mahindra OTPP's Green Infrastructure Investment Trust (InvIT). This substantial investment marks a strategic collaboration to support sustainable and environmentally focused urban infrastructure projects.

The funding, spearheaded by AIIB, signifies a significant step towards financing green initiatives and sustainable urban development. Mahindra OTPP's Green InvIT is dedicated to funding and promoting renewable energy and other environmentally conscious infrastructure projects in India.

The Asian Infrastructure Investment Bank's involvement in this funding round reflects its commitment to backing projects that align with green and sustainable development goals. The investment is expected to play a catalytic role in advancing the implementation of eco-friendly infrastructure solutions across urban landscapes.

Mahindra OTPP's Green InvIT has positioned itself as a key player in the green infrastructure sector, focusing on renewable energy, energy-efficient transportation, and other sustainable urban initiatives. The funding injection from AIIB is poised to amplify the impact of these projects, fostering a more sustainable and resilient urban infrastructure in India.

As sustainable finance gains prominence globally, the collaboration between AIIB and Mahindra OTPP's Green InvIT highlights the growing importance of green infrastructure investments in achieving a balance between economic development and environmental stewardship. The infusion of Rs 25 billion signifies a major boost for green initiatives and reinforces the commitment to building a sustainable and resilient urban infrastructure in India.

The Asian Infrastructure Investment Bank (AIIB) is set to take the lead in a funding round of Rs 25 billion for Mahindra OTPP's Green Infrastructure Investment Trust (InvIT). This substantial investment marks a strategic collaboration to support sustainable and environmentally focused urban infrastructure projects. The funding, spearheaded by AIIB, signifies a significant step towards financing green initiatives and sustainable urban development. Mahindra OTPP's Green InvIT is dedicated to funding and promoting renewable energy and other environmentally conscious infrastructure projects in India. The Asian Infrastructure Investment Bank's involvement in this funding round reflects its commitment to backing projects that align with green and sustainable development goals. The investment is expected to play a catalytic role in advancing the implementation of eco-friendly infrastructure solutions across urban landscapes. Mahindra OTPP's Green InvIT has positioned itself as a key player in the green infrastructure sector, focusing on renewable energy, energy-efficient transportation, and other sustainable urban initiatives. The funding injection from AIIB is poised to amplify the impact of these projects, fostering a more sustainable and resilient urban infrastructure in India. As sustainable finance gains prominence globally, the collaboration between AIIB and Mahindra OTPP's Green InvIT highlights the growing importance of green infrastructure investments in achieving a balance between economic development and environmental stewardship. The infusion of Rs 25 billion signifies a major boost for green initiatives and reinforces the commitment to building a sustainable and resilient urban infrastructure in India.

Next Story
Resources

Blum India brings Design Reverie to Hyderabad

Blum India hosted the Hyderabad edition of its signature event, Design Reverie, at the historic Taj Falaknuma Palace, making it a memorable evening for the city’s architecture and interior design community. As per news reports, the event combined modern design sensibilities with the grandeur of a palace setting and the spiritual charm of Sufi qawwali.This marked the third edition of the event, after previous gatherings in Delhi and Bangalore. In Hyderabad, the focus was on fostering relaxed yet meaningful dialogue among design professionals—away from the typical conference setup. The eveni..

Next Story
Resources

Hafele launches Platinum Studio in Nagpur

Hafele has expanded its franchise footprint in central India by opening a new Studio Partner Platinum showroom in Nagpur in collaboration with Onkar Furnitech. The studio was inaugurated by Nitin Gadkari, Minister of Road Transport and Highways, along with Padma Gupta, Director – HR & Customer Experience, Hafele South Asia.Located at Sarthak Plaza, South Ambazari Road, Laxmi Nagar, the showroom offers an immersive experience of Hafele’s wide-ranging interior and home solutions. Designed as a hands-on, real-life application space, the studio showcases Hafele’s full portfolio—includi..

Next Story
Resources

Truflo by Hindware wins GPTW honour again

Truflo by Hindware has been certified a Great Place to Work for the fourth consecutive year, reaffirming its commitment to a people-first culture. The certification was awarded by the Great Place to Work Institute following a rigorous evaluation of employee experience, leadership, culture, and HR practices.Known as India’s fastest-growing plastic pipes and fittings company, Truflo has focused on fostering an inclusive, innovative, and growth-driven work environment. The company prioritises employee well-being and professional development, creating a culture where people feel valued and empow..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?