https://www.taxtmi.com/news?id=19029 A new Government company will be incorporated as a Special Purpose Vehicle (SPV) wholly owned by the Government through the Department of Industrial Policy and Promotion to implement and develop the Exhibition cum Convention Centre. The Government will provide multi year budgetary equity support to the SPV; the SPV may mobilize additional funds via Government guaranteed loans, land monetization and annual accruals. The SPV board is authorized to revise costs, scope, phasing and quantities within approved limits and to raise debt or monetize land depending on market conditions. en-us Fri, 10 Nov 2017 18:18:36 +0530 Fri, 10 Nov 2017 18:18:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=19029 A new Government company will be incorporated as a Special Purpose Vehicle (SPV) wholly owned by the Government through the Department of Industrial Policy and Promotion to implement and develop the Exhibition cum Convention Centre. The Government will provide multi year budgetary equity support to the SPV; the SPV may mobilize additional funds via Government guaranteed loans, land monetization and annual accruals. The SPV board is authorized to revise costs, scope, phasing and quantities within approved limits and to raise debt or monetize land depending on market conditions. News - Fri, 10 Nov 2017 18:18:36 +0530 https://www.taxtmi.com/news?id=19029