AIIB issues its first-ever digital bond for funding projects

29 Aug 2024 CW Team

The Asian Infrastructure Investment Bank (AIIB) has successfully issued its first digital bond, marking a significant milestone in its efforts to modernise infrastructure funding. The bond, valued at $100 million, was issued on a blockchain-based platform, aiming to enhance transparency, efficiency, and security in the bond issuance process.

This digital bond is a crucial step in AIIB's broader mission to incorporate new technologies into its financial operations. By utilising blockchain technology, the bank intends to streamline the process of bond issuance and reduce associated costs, offering a more secure and transparent method of raising capital for infrastructure projects.

Proceeds from this digital bond will be used to fund various sustainable and infrastructure-related projects across Asia. The bond issuance is aligned with AIIB?s objective of promoting development through innovative financial solutions while ensuring the highest standards of accountability and governance.

The introduction of the digital bond represents AIIB?s commitment to adopting cutting-edge technology in its financing processes. It is expected to pave the way for more efficient fundraising initiatives, benefiting member countries seeking to build or enhance their infrastructure.

As AIIB continues to explore the possibilities of blockchain and other emerging technologies, this digital bond issuance serves as a benchmark for future endeavours in the global financial ecosystem, promoting more sustainable and technology-driven financial practices.

Infrastructure Energy

17 Dec 2025

Vedanta Aluminium Uses 1.57 bn Units of Green Energy in FY25

Vedanta Aluminium, India’s largest aluminium producer, recently reported consumption of 1.57 billion units of renewable energy in FY25, marking a significant milestone in its 2030 decarbonisation roadmap. The company also achieved an 8.96 per cent reduction in greenhouse gas (GHG) emissions intensity compared to FY21, reinforcing its leadership in India’s low-carbon manufacturing transition. During FY25, Vedanta Aluminium expanded its renewable energy portfolio through long-term power purchase agreements, strengthening its strategy to source nearly 1,500 MW of renewable power over the lon..

Oberoi Group to Develop Luxury Resort at Makaibari Tea Estate

EIH Limited, the flagship company of The Oberoi Group, has announced the signing of a management agreement to develop an Oberoi luxury resort at the iconic Makaibari Tea Estate in Darjeeling. The project marks a key milestone in the Group’s long-term strategy of creating distinctive hospitality experiences in rare and environmentally significant locations. Established in 1859, Makaibari is one of the world’s oldest tea estates and is globally recognised for its Himalayan landscape, primary forests and exceptional biodiversity. Spread across 1,236 acres, the estate houses one of the world�..

GHV Infra Secures Rs 1.09 Bn EPC Order in Jamshedpur

GHV Infra Projects Ltd, a fast-growing EPC company in India’s infrastructure and construction sector, has recently secured a Rs 1.09 billion work order in Jamshedpur, Jharkhand. Awarded by a reputed group entity, the contract covers end-to-end civil construction, mechanical, electrical and plumbing (MEP) systems, along with high-quality finishing works for a large building development. The project will be executed over a 30-month period, with defined benchmarks for quality, safety and timely delivery. The order strengthens GHV Infra’s footprint in Jamshedpur, a key industrial hub known fo..