Vivriti Capital Secures $25M ADB Funding

03 Oct 2024 CW Team

Vivriti Capital has secured $25 million from the Asian Development Bank (ADB) to bolster climate finance projects across India. This investment will support Vivriti’s mission to provide sustainable financing solutions, particularly in sectors like renewable energy, energy efficiency, and green infrastructure. By enhancing financial access for projects aligned with environmental goals, Vivriti aims to contribute to India’s ongoing transition to a low-carbon economy.

ADB’s funding also reflects a growing focus on climate action investments in developing markets like India, where renewable energy initiatives are crucial for meeting global climate targets. Vivriti Capital’s enhanced capital pool will enable it to expand its portfolio of eco-friendly projects, supporting India’s efforts to increase renewable energy adoption and reduce emissions.

Infrastructure Urban

23 Oct 2025

PM GatiShakti Reviews Major Road, Rail and Metro Plans

The Network Planning Group (NPG) under the PM GatiShakti initiative has evaluated multiple infrastructure projects spanning road, rail, and metro systems. The review covered two highway projects by the Ministry of Road Transport and Highways (MoRTH), two railway proposals by the Ministry of Railways, and one metro project under the Ministry of Housing and Urban Affairs (MoHUA). According to the Ministry of Commerce and Industry, the projects were assessed for alignment with PM GatiShakti’s principles of integrated multimodal connectivity, last-mile linkage to economic and social hubs, and t..

MahaRERA Fast-Tracks 809 Project Approvals Ahead of Diwali

As Diwali 2025 approaches, the Maharashtra Real Estate Regulatory Authority (MahaRERA) is expediting approvals for new housing projects to ensure compliance with legal, technical, and financial standards before launch. The festive season, especially Dussehra and Diwali, traditionally marks a peak period for real estate launches as developers seek to capitalise on auspicious timings and heightened buyer sentiment. This year, MahaRERA has taken a proactive approach to facilitate timely project approvals ahead of the celebrations. A total of 809 project applications were approved recently, cover..

HFCL Bags Rs 2.8 Billion Export Order for Fibre Cables

Telecom equipment manufacturer HFCL has secured an export order worth USD 32.02 million (around Rs 2.8 billion) for the supply of optical fibre cables to an international client. In a regulatory filing, the company stated that the order was received through its wholly owned overseas subsidiary and is scheduled for execution by December 2026. The contract entails the supply of optical fibre cables customised to the client’s specifications, underscoring HFCL’s strong manufacturing expertise and technological capability in the global telecom infrastructure space. This order further strengt..