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

29 Dec 2023 CW Team

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.

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..