Kenya's Bar Association and Human Rights Commission oppose Adani lease for Jomo Kenyatta Airport expansion, arguing the country can independently raise funds for the project.
India’s major airports earned average of $4.3/customer in 2023-24 from non-aeronautical sources, much lesser than $7.2-15.9 of global ones, according to rating agency ICRA.
Adani Greens, EKI Energy Services and Hero Future Energies are some of the names that will aim to act as mediator between govt and industry and facilitate trade of carbon credits.
Navi Mumbai International Airport Ltd achieved a 'major milestone' two months ago, giving authorities confidence to complete much-delayed project by December 2024.
Barclays, JPMorgan and Deutsche Bank are among banks arranging the bond sale to raise the funds. The proceeds will be used to refinance a rupee loan taken earlier this year.
DMK govt accuses Centre of withholding funds, tightening borrowing, unilateral deductions from state accounts. Says Centre's accounting & funding decisions have 'artificially inflated' debt burden.
This is the game every nation is now learning to play. Some are finding new allies or seeing value among nations where they’d seen marginal interest. The starkest example is India & Europe.
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