DDA to form special purpose vehicle for green projects
The Delhi Development Authority (DDA) has decided to create a special purpose vehicle (SPV) for the operation and maintenance of its green projects, including those related to parks, nature reserves, and eco-friendly corridors. This move will reportedly make them socially, economically, and environmentally sustainable. The SPV will be named as 'Biodiversity Mission and DDA Greens', the DDA said.