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1.JICA extends ODA loan of Rs 24.80 bn for Mumbai Metro Line 3 Project (III)

The objective of the project is to cope with the increase in traffic demand in Mumbai by expanding the mass rapid transportation system


2.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.


3.Act East Forum gets push with upcoming summit

The Indo-Japan summit will see investments of Rs 130 billion for North East states


4.NHRCL expedites works for upcoming Mumbai-Ahmedabad Bullet train project

The National High Speed Rail Corporation (NHRCL) has set the ball rolling on fast-tracking the pre-construction work of the Mumbai-Ahmedabad Bullet train that stretches across 508 km. The High-Speed-Rail (HSR) line is estimated to cost Rs 1.08 trillion and will be expected to become functional by 2023 following the boost in construction.


5.Large contracts bagged for the Indian multinational’s various businesses

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


6.We are leaders in the air-conditioning space with a 24% market share

Voltas associated with South Asia's HVAC exhibition ACREX India 2019 as the Knowledge Partner.


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

Construction period and capital-investment make debt servicing a challenge


8.JICA supports metro-rail through ODA loans and technical cooperation.

JICA extends a cumulative loan amount of about Rs 870 bn for six cities.


9.Cabinet okays the construction of Dhurbi-Philbari bridge over Brahmaputra

Cabinet Committee on Economic Affairs has reportedly approved the construction of the four-lane bridge over River Brahmaputra


10. Development of Northeast roads running smooth

NHIDCL has not yet faced any stoppage in funding of new projects


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