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Time of India
23-07-2025
- Time of India
Vertis Infrastructure Trust raises Rs 900 crore via SLB
Vertis Infrastructure Trust , a SEBI-registered infrastructure investment trust (InvIT) has raised Rs 900 crore through a sustainability-linked bond (SLB), marking the largest SLB issuance by an Indian InvIT to date. The proceeds will be used to support the recently awarded TOT-16, a 252-km NH-44 highway corridor in Telangana aimed at enhancing regional connectivity. Explore courses from Top Institutes in Please select course: Select a Course Category Healthcare others Project Management Digital Marketing Degree Data Science Artificial Intelligence Data Analytics Product Management CXO Leadership PGDM Others Finance Cybersecurity Public Policy Management Operations Management Design Thinking MBA MCA healthcare Data Science Technology Skills you'll gain: Financial Analysis in Healthcare Financial Management & Investing Strategic Management in Healthcare Process Design & Analysis Duration: 12 Weeks Indian School of Business Certificate Program in Healthcare Management Starts on Jun 13, 2024 Get Details International Finance Corporation (IFC) has emerged as the anchor investor in the Vertis Infrastructure Trust, which was formerly known as Highways Infrastructure Trust. Earlier this year, Cube Highways Trust (Cube InvIT) secured an investment of Rs 860 crore from the International Finance Corporation (IFC) via an SLB. With IFC as an anchor investor in the above two InvITs, it is expected that there will be enhanced foreign and domestic participation going forward in India's sustainable infrastructure and thematic bonds space. Live Events This SLB, with a 10-year fixed rate, is priced at 7.40%. A sustainability-linked bond (SLB) is a fixed income instrument (bond) where its financial or structural characteristics are tied to predefined sustainability or environmental, social and governance (ESG) objectives.
Time of India
18-07-2025
- Time of India
ET Infra Roads & Highways Summit 2025: Spotlight on tech-enabled road development, ETInfra
Advt By , ETInfra NEW DELHI: The second edition of ET Infra's Roads and Highways Summit will be held on Friday in Delhi wherein stakeholders from the government and the private sector will deliberate and discuss on the various aspects of India's road sector development and the trajectory of the same in the coming government in the last one decade led by the National Highways Authority of India (NHAI) has given a massive push to the development of the road sector. According to NHAI, the country has about 63 lakh km of road network, of which 1.46 lakh km are national highways on which 50 per cent of India's traffic is transported. The national highways have seen a growth of 60 per cent from 91,287 km since 2014 and the momentum summit will focus on incorporating the best of technologies and processes in the sector, which can enable timely execution of projects and bring about efficient technologies in toll collection, use of building information modeling, virtual or digital twins, advanced materials, robotics, automation and use of artificial intelligence are at the doorsteps of road sector, but how much of a differentiator or game changer they can be, will be deliberated at the summit's panel discussion amongst experts and the feasibility of varied financing modes currently available to the sector such as Infrastructure Investment Trust (InvITs) , monetisation through Toll-Operate-Transfer (ToT) will be deliberated upon. Revival of Build-Operate-Transfer (BOT) Model , which remains crucial for efficient roads and highways development, will also be enablement of road construction, sustainable practices as well as adoption of Intelligent Traffic System will also be on the agenda at the summit is being supported by industry partners Arcadis, Welspun Enterprises, Bosch, Autodesk, Xpedeon, CP Plus, ACE (Action Construction Equipment), Khaitan & Co, Equirus Raghnall, JSA, Dextra, associations include Pradhan Mantri Gram Sadak Yojana, NAREDCO, CSIR-Central Road Research Institute, Construction Industry Development Council, National Rural Infrastructure Development Agency Community partners include International Road Federation (India Chapter), Construction Federation of India, National Highways Builders Federation.
United News of India
05-07-2025
- United News of India
UP govt to make farmers brand ambassadors of natural farming
Lucknow, July 5 (UNI) In a major push to promote natural and organic farming across Uttar Pradesh, the state government has launched a unique initiative that turns farmers into brand ambassadors of sustainable agriculture. As part of this plan, 200 natural farming practitioners have been selected to serve as role models and spread awareness about the benefits of eco-friendly farming practices. Officials here today under this initiative, selected farmers will undergo specialised training through the 'Training of Trainers' (ToT) model. The first batch of master trainers will be prepared to conduct sessions at the divisional and district levels. This will enable the rapid adoption of modern yet sustainable farming techniques and encourage more farmers to shift to natural farming methods. The initiative is being implemented under the National Mission for Natural Farming with the support of Local Natural Farming Institutions, which will assist in training and capacity building. The goal is to create a strong foundation for natural farming in the state, making farmers more self-reliant and knowledgeable. These brand ambassador farmers will not only receive training and recognition but also play a critical role in spreading the message across the farming community. They will be given a distinct identity to help them lead awareness campaigns and training sessions, ultimately transforming the state's agricultural ecosystem. The initiative is expected to provide economic benefits to farmers while contributing to environmental sustainability. A detailed deployment plan for the first batch of trainers is also being prepared, outlining the number of trainers needed in each district and their areas of operation. This will help ensure effective implementation and maximise the scheme's impact. Officials said by empowering farmers and encouraging natural farming practices, the UP government aims to increase farmers' incomes, promote soil health, and lead Uttar Pradesh toward a greener and more sustainable agricultural future. UNI XC ARN
