Kanpur Launches Rs 12.4 Billion Aero, Knowledge City Projects
The Kanpur Development Authority (KDA) has unveiled two landmark urban infrastructure projects—Aero City and Knowledge City—with a total investment of Rs 12.4 billion. These initiatives aim to drive economic growth, enhance urban planning, and offer integrated residential and commercial spaces in the city.Aero City, a Rs 3.6 billion project near Chakeri Airport, will be developed across 300 acres under a public–private partnership (PPP) model. Designed as an aerotropolis, the development will integrate air travel–linked urban infrastructure with commercial, residential, and eco..
AIIB Invests Rs 13 Billion in Aditya Birla Capital Bonds
The Asian Infrastructure Investment Bank (AIIB) has subscribed to non convertible debentures worth roughly Rs 13.0 billion issued by Aditya Birla Capital Ltd (ABCL). The privately placed, three year issue will finance lending to renewable energy and electric mobility projects across India.Proceeds will support solar, wind, geothermal, pumped storage and hydrogen generation schemes, as well as energy storage systems. Funds will also back the wider e mobility ecosystem, covering electric vehicle manufacture, battery production and charging infrastructure.As part of the transaction, AII..
E Tractors Slash Costs for Farmers, Says Maharashtra Minister
The arrival of electric tractors will “revolutionise the lives of farmers” by slashing running costs and ushering in a new chapter for Indian agriculture, Maharashtra transport minister Pratap Sarnaik said at the weekend.Speaking at Thane’s Regional Transport Office (RTO), where the first e tractor was officially registered, Sarnaik announced that buyers will qualify for a subsidy of about Rs 0.15 million under the Maharashtra State Electric Vehicle Policy 2025, along with interest free loans from the state run Annasaheb Patil Economic Development Corporation.Switching from die..
Latest Updates
