"While municipal bonds do present themselves as long term financing instruments. However, for the debt to be sustainable, the rate of nominal economic growth should be ideally higher than the average rate of interest. Moreover, it calls for greater accountability through periodic reporting for credit rating purposes – something which most cities may not have prior experience in", asserts Sridhar Gadhi, Founder and Executive Chairman, Quantela Inc. in conversation with Poulami Chakraborty of BW SmartCities.
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The year 2020 witnessed a slew of powerful measures such as the announcement of privatization of DISCOMs in the Union Territories, the special liquidity infusion of INR 90,000 crores into the distribution utilities and the increased focus on consumer rights that set the stage for greater structural reforms in the power. This trend is expected to continue in 2021.
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• Global institutional investor CDPQ to carry out its first transportation investment in India with the purchase of a 67-kilometer expressway from BRNL and its partners. • The asset will be the first of a new CDPQ-owned platform dedicated to road infrastructure in India • The sale will allow BRNL to reduce the debt and also to utilise the proceeds for organic and inorganic growth
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Eight start-ups selected from seven cities In India across healthcare, education, and agriculture sectors. The program is designed to guide growth-driven enterprises to market success, access to venture capital funding.
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The Chief Minister will dedicate this innovative process to the people on January 25.
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Signs MoU to develop a ‘Sustainable Energy Digital Platform (SEDP)’ with Infosys The announcement made at the IntelliSmart Leadership Roundtable on ‘Realising the Vision of Digital Smart Grid in India’
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In the Indian context, urbanization has been at its fastest. This keeps the consumption and demand for energy at a high at all times. India’s population is about 17.7% of the world population making us the second largest. We consequently become the biggest energy consumer in the world after China (as of 2019 statistics). The global increase in the consumption of energy which was lead by renewable resources and natural gas.
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• Dell Technologies extends its cyber-resilient server architecture with unique features to verify supply chain integrity, protect the boot process and offer dynamic system lockdown • The company extends data security-focused services to entire infrastructure portfolio and third-party products • Dell Technologies makes the industry’s most secure commercial PCs1 even more so with new secure supply chain offerings
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• From a low of INR 24 Crores in 2011-12, 2019-20 revenues have grown to INR 43 crores • YoY improvement in bill distribution rose from 55,462 in 2011-12 to 808,121 in 2019-20 • PCMC Water Dept is now saving approximately 31,000 million liters of water per year while measuring approximately 90,000 million liters of water per year
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• In the first of its governments have joined hands to supercharge the growth of the women-led start-ups in the focus sectors. • 240 women entrepreneurs will be selected for the pre-incubation program and a total of 20 will be shortlisted for the co-incubation program.
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