https://www.taxtmi.com/news?id=55016 IFC committed up to USD 60 million through rupee denominated non convertible debentures to the Greater Visakhapatnam Municipal Corporation for the Madhurawada Sewerage System Project, constituting IFC's first direct municipal financing in India and its first investment in an Indian city without a sovereign guarantee; the project, aimed at transforming sanitation infrastructure and advancing resilience and low carbon growth, has a total cost of Rs 553 crore with specified central government and municipal contributions. en-us Mon, 08 Sep 2025 21:16:03 +0530 Mon, 08 Sep 2025 21:16:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=55016 IFC committed up to USD 60 million through rupee denominated non convertible debentures to the Greater Visakhapatnam Municipal Corporation for the Madhurawada Sewerage System Project, constituting IFC's first direct municipal financing in India and its first investment in an Indian city without a sovereign guarantee; the project, aimed at transforming sanitation infrastructure and advancing resilience and low carbon growth, has a total cost of Rs 553 crore with specified central government and municipal contributions. News - Mon, 08 Sep 2025 21:16:03 +0530 https://www.taxtmi.com/news?id=55016