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The CSC SPV is a company incorporated under the Companies Act 1956 to oversee the implementation of CSCs across the country. It provides the necessary support, infrastructure, and training to VLEs, ensuring the smooth operation of CSCs. The SPV also plays a crucial role in monitoring the performance of CSCs and ensuring quality service delivery ...
The portal has transformed public procurement in India [1] by driving its three pillars, namely, inclusion, usability and transparency and efficiency and cost savings. [7] According to an independent assessment made by the World Bank, average savings for buyers in Government e Marketplace portal is about 9.75% on the median price. [8]
Kerala Rapid Transit Corporation Limited, abbreviated to KRTCL, is a special purpose vehicle (SPV) formed to implement light metro projects in Kerala. Kerala has light metro systems planned for the cities of Kozhikode and Thiruvananthapuram. The SPV is fully owned by the State Government and the Chief Minister is the Chairman of the company. [1]
Later, a single company or a Joint Venture (JV) entity will be selected to manufacture the aircraft under the SPV's guidance. The project is a part of the Bharatiya Vayuyan Adhiniyam, 2024 . The National Aerospace Laboratory (NAL) is already designing the RTA-90 aircraft which is to be manufactured by Hindustan Aeronautics Limited (HAL).
A special-purpose entity (SPE; or, in Europe and India, special-purpose vehicle/SPV; or, in some cases in each EU jurisdiction, FVC, financial vehicle corporation) is a legal entity (usually a limited company of some type or, sometimes, a limited partnership) created to fulfill narrow, specific or temporary objectives.
The state governments were asked to nominate potential cities with the overall count across India limited to 100. [8] A hundred cities have been selected so far to be upgraded as part of the Smart Cities Mission. [9] [10] Each city will create a Special Purpose Vehicle (SPV) headed by a CEO to implement the projects under mission. [11]
CSCeGS is a special purpose vehicle (SPV) set up by ministry of electronics and IT (MeitY) which acts as connect point for various digitally aligned services to villages in the country. [16] In May 2024, The Small Industries Development Bank of India (SIDBI) signed a MoU with Airbus Helicopters to finance civil helicopter purchases in India ...
This is a SPV under the Ministry of Shipping, with the stakeholders being RVNL and 12 major ports. The initial authorised capital of the SPV is Rs 500 crore with RVNL's equity participation being Rs 10 crore only or 10% of the initial subscribed share capital. The mandate of the SPV is to enhance rail connectivity to the various Ports in the ...