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1.L&T Construction awarded contracts worth Rs 25 to 50 billion

The construction arm of L&T has secured orders from prestigious clients across various Indian states for its varied businesses.


2.India and ADB sign $206 mn loan for five cities

ADB and the Government of India have signed a $206 mn loan to develop water supply and sewerage infrastructure in five cities of Tamil Nadu and strengthen capacities of ULBs for improved service delivery.


3.ADB signs $190 million loan for Rajasthan road upgrade

754 km of state highways and major district roads to be upgraded in the state


4.$190 million loan from ADB for road upgrade in Rajasthan

The Asian Development Bank and the Government of India have signed a $190 million loan agreement to upgrade 754 km of state highways and major district roads (MDRs) to two lane or intermediate-lane standards that will benefit about 26 million people in 14 districts of Rajasthan.


5.BIG BUYER

Led by its Chief Executive J Subramanian, IndInfravit has acquired nine operational road assets of Sadbhav Infrastructure Projects at a whopping Rs.66.10 billion.


6.Nine cos have bagged contracts for the construction of the Delhi-Mumbai expressway

NHAI has awarded nine of the 40 packages of the Delhi-Mumbai Expressway


7.India’s fight to handle and manage C&D waste

C&D waste can enhance the material supply chain and support SDG goals


8.$750 mn for railways' electrification drive

Indian Railways will be raising a $750-mn loan from the ADB through Indian Railway Finance Corporation to finance part of its electrification drive, covering 28,000 km in next three fiscals.


9.Execution challenges prevail in capital-intensive metro-rail projects

Construction period and capital-investment make debt servicing a challenge


10.CCEA approves Rs 336.9 bn for Phase 3 of Mumbai Urban Transport Project

The recently approved project is expected to be completed on the coming five years


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