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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.
A whistleblower claims that the SPV responsible for its construction had knowingly delivered many defective high-strength bolts, and taken measures to hide evidence of the defects. [ 24 ] Typically, a private-sector consortium forms a special company called a special-purpose vehicle (SPV) to develop, build, maintain, and operate the asset for ...
The platform is owned by GeM SPV (Special Purpose Vehicle) which is a 100 percent Government-owned, non-profit company under the Ministry of Commerce and Industries, Government of India. [4] GeM is a contactless, paperless and cashless online marketplace that replaced the Directorate General of Supplies and Disposals (DGS&D) in 2016.
Rail Vikas Nigam Limited (RVNL) is an Indian central public sector enterprise (PSU) which works as the construction arm of the Ministry of Railways for project implementation and transportation infrastructure development. It was incorporated in 2003 to meet the country's surging infrastructural requirements and to implement projects on a fast ...
Budd SPV-2000 rail car; Orange SPV, 2002 smartphone; Irish Section 110 Special Purpose Vehicle (SPV), type of company; Special purpose vehicle or special-purpose entity; Spectrum Pursuit Vehicle, a fictional vehicle; SPV GmbH, a German record label; Surface photovoltage, of a semiconductor; Simple payment verification of a Bitcoin transaction
Special Purpose Vehicle (SPVs) – 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.
Migrants are an important source of labor in healthcare, construction, restaurants, and agriculture. They account for an estimated one-half of all dairy workers, as one example.
The SPV also initiates action for land acquisition in the name of the SPV, selects the developer through a tariff based competitive bidding process and finally transfers the SPV to the identified developer along with the various clearances, tie ups, etc. [3] The developer is then responsible to build–own–operate (BOO) these UMPP plants.