Arunachal Approves 50 per cent SGST Reimbursement

07 Apr 2025 CW Team

The Arunachal Pradesh Cabinet, led by Chief Minister Pema Khandu, has approved a 50 per cent reimbursement of State Goods and Services Tax (SGST) for the 1,200 MW Kalai II Hydro Electric Project to encourage investment and speed up hydropower development.

The project, located on the Lohit River in Anjaw district, is being developed by THDC India Ltd in collaboration with the Arunachal government and involves an estimated Rs 140 bn investment. It is projected to generate Rs 3.18 bn annually in free power and contribute Rs 22 mn per year to the Local Area Development Fund, benefiting nearby communities.

Additionally, the project is set to create around 1,700 direct jobs, prioritising local employment. The tax relief is part of a broader push to strengthen renewable energy infrastructure and enhance economic development in Arunachal Pradesh.

Alongside this decision, the Cabinet expanded social welfare schemes, including the Chief Minister’s Bal Seva Scheme (CMBSS) and the Chief Minister’s Social Security Scheme (CMSSS), allocating Rs 185 mn annually to benefit over 50,000 people, supporting education and social security.

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

Real Estate

07 Jul 2026

Pecan Realty Completes Rs 1.5 Billion Transactions

Pecan Realty has recently completed four institutional transactions worth over Rs 1.5 billion over the past two years, strengthening its position as an execution-led real estate platform. The deals include resolution-led acquisitions, structured finance transactions and capital partnerships across its development portfolio.The transactions covered acquisitions through the National Company Law Tribunal process and helped provide repayment or exits to both private and public sector lenders. The company said the deals demonstrate its ability to resolve complex project situations, work with instit..

Real Estate

07 Jul 2026

SNN Estates Expands North Bengaluru Housing Project

SNN Estates has announced an expansion of its SNN Estates Felicity residential project in North Bengaluru following strong buyer demand, with 75 per cent of the first-phase inventory sold within three days of launch.The developer will add 76 apartments in the new phase, taking the project's estimated revenue potential to around Rs 1,000 crore upon completion of Phase 2.Spread across 6.5 acres in Rachenahalli, near Manyata Tech Park, the project comprises 604 apartments in 1.5, 2, 2.5, 3 and 4 BHK configurations. The development includes a 50,000-sq-ft clubhouse with amenities such as sports co..

Infrastructure Urban

07 Jul 2026

SCG Drives ASEAN Industrial Transformation Strategy

SCG is strengthening its focus on ASEAN as a key growth region by advancing industrial transformation, enhancing competitiveness and building resilient regional value chains. Thammasak Sethaudom, President and Chief Executive Officer, SCG, highlighted the need for industries to continuously develop capabilities, strengthen resilience and deepen regional cooperation to achieve sustainable long-term growth.SCG views ASEAN as an important growth engine alongside China, supported by favourable demographics, trade connectivity and investment flows. With ASEAN’s GDP projected to grow by around 4.7..