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1. Ministry of Railways signs MoU with DFID, UK

A MoU has been signed between the Ministry of Railways, Government of India, and Department for International Development, UK, for energy efficiency and energy self sufficiency for the Indian Railways.

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.Government to invest Rs100 tn on greenfield, brownfield projects

The Centre has launched a series of infrastructure projects with the aim of enhancing investment in the sector by Rs.100 tn over the next five years.

4.Expect 40% increase in sales: Nitin Gadkari to the construction equipment industry

Delivering his inaugural address at CII’s 10th edition of Excon 2019 in Bengaluru, one of South Asia’s leading construction equipment trade fair, Nitin Gadkari, Minister for Road Transport & Highways, and Micro, Small and Medium Enterprises, Government of India, has said that the prime minister’s vision is to make India a $5 trillion economy.

5.CPPIB to invest $600 million through National Investment and Infrastructure Fund (NIIF)

National Investment and Infrastructure Fund (NIIF) of India and Canada Pension Plan Investment Board (CPPIB) recently announced an agreement for CPPIB to invest up to $600 million through the NIIF Master Fund.

6.Excon 2019

The expo in Bengaluru, held from December 10-14, spelled big opportunities for the construction equipment sector, offering an expectation of 40 per cent increase in sales for the industry in the near future.

7.Leeboy India unveils new series of compact motor graders

Leeboy India Construction Equipment has launched their new series – compact motor graders for India and other overseas developing markets.

8.DuPont and AGNIi partner to boost India’s innovation ecosystem

DuPont is partnering with AGNIi (Accelerated Growth of New India’s Innovations), an initiative by the office of the Principal Scientific Advisor to the Government of India, executed by Invest India (the national investment promotion and facilitation agency of India), to support development of sustainable innovations and technologies across industries.

9.Alternate Investment Fund for stalled housing projects

Government fund for stalled housing units achieves first closure at Rs 105.30 billion

10.WABAG executes one of India’s largest water reuse plant

VA TECH WABAG (WABAG) has successfully executed the Tertiary Treatment Reverse Osmosis (TTRO) Plant for Chennai Metropolitan Water Supply & Sewerage Board (CMWSSB) in Koyambedu , Chennai.

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