TUFIDC to execute various projects worth 3,809 crore

28 Jun 2022 CW Team

The Telangana Urban Finance and Infrastructure Development Corporation Limited (TUFIDC), a wing of the Municipal Administration and Urban Development Department (MAUD) is executing various projects with 3,809 crore assistance.

TUFIDC has the primary role of serving as the channelising agency for the execution of infrastructure development schemes financed by both the Central and State governments in Urban Local Bodies (ULBs).

The TUFIDC said to assist ULBs in taking up infrastructure projects, loans worth 3,219 crores have been given to 117 ULBs so far.

These loans include 72.68 crores for the Siddipet underground drainage project, where 90% of the work has been finished, the Sircilla drinking water supply project of 75.76 crores, 160.05 crores for the Nizamabad Sewerage project, and 81.41 crores for Suryapet drainage scheme where 71% of the work has been finished.

In addition to these, loans worth 50 crores have been approved for setting up Faecal Sludge Treatment Plants.

Image Source

Also read: Telangana govt takes up Rs 8,052 cr road works under SRDP

Infrastructure Transport

16 Sep 2025

Metro Line 2B Phase 1 to Boost Realty in Mumbai’s Eastern Suburbs

Mumbai’s real estate sector is set for a major boost as Phase 1 of Metro Line 2B, between Mandale and Diamond Garden, nears completion. The Mumbai Metropolitan Region Development Authority (MMRDA) has confirmed that mandatory rectifications are done, and inspections by the Commissioner of Metro Railway Safety (CMRS) have been carried out. The 5.39-km stretch with five stations forms part of the larger DN Nagar–Mandale corridor, designed to ease congestion and improve east–west connectivity. Passenger operations are expected by December 2025, with the full line slated for 2027. ..

WattPower wins Best Inverter award at Global Solar Expo 2025

WattPower, a leading renewable energy solutions provider, has won the award for “Best Inverter in the Utility Segment” at the Global Solar Expo 2025. The recognition underscores the company’s commitment to delivering reliable, high-performance and future-ready solar solutions for large-scale projects. At the forefront of utility-scale solar, WattPower manufactures advanced string inverters that directly feed power into the Indian grid. With robust technology, high-quality components and comprehensive product lifecycle support, its solutions stand among the most sophisticated in the ..

Awfis delivers 67,000 sq. ft. innovation hub for eBay in Bengaluru

Awfis Space Solutions, India’s largest flexible workspace provider and the first publicly listed workspace solutions platform, has partnered with eBay to establish a 67,000 sq. ft. innovation hub at Embassy Tech Village, Bengaluru. The mandate covers design, build and management of the new office, which will act as a strategic hub supporting diverse functions and accelerating eBay’s AI-first commerce strategy. The centre will focus on artificial intelligence, engineering, product development and applied research, strengthening eBay’s growth in India. Embassy Tech Village, North Beng..