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1.Hardeep Singh Puri signs MoAs with six states for Light House Projects, launches CLSS Awas Portal

As reported, the Union Housing and Urban Affairs Minister, Hardeep Singh Puri recently signed Memorandums of Agreements (MoAs) for Light House Projects (LHPs) with six states: Gujarat, Jharkhand, Madhya Pradesh, Tamil Nadu, Tripura and Uttar Pradesh.


2.L&T Construction awarded contracts for its various businesses worth Rs 10-25 billion

The construction arm of L&T has secured orders from numerous clients across various Indian states for its varied businesses. As per the company’s project classifications, the contracts fall in the ‘significant’ category which values between Rs 10 billion to Rs 25 billion.


3.Nod for construction of 1.23 lakh houses under Pradhan Mantri Awas Yojana-Urban

As reported, the government in a statement announced that construction of about 1.23 lakh houses was approved as a part of the Pradhan Mantri Awas Yojana-Urban (PMAY-U) . This brought the total number of houses permitted under the scheme to more than 90 lakh.


4.Four companies emerge as potential bidders for nine NHAI roads spread across India

As reported, nine road stretches of around 566 km running through Uttar Pradesh, Jharkhand, Bihar and Tamil Nadu that were put up for auctioning under the toll-operate-transfer (TOT) model by the National Highways Authority of India (NHAI), are expected to receive bids from Adani Enterprises, Cube Highways and Infrastructure, Canada Pension Plan Investment Board (CPPIB) and IRB Infrastructure.


5.India’s second multi modal terminal inaugurated

Prime Minister Narendra Modi recently inaugurated the multi modal terminal on Ganga at Sahibganj in Jharkhand


6.FIMI requests reforms, says potential for job creation in the mining sector

The Federation of Indian Mineral Industries (FIMI) has reached out to Prime Minister Narendra Modi to seek intervention in order to bring about reforms that will increase and expedite growth in the mining sector. This could potentially create job opportunities for around 50 million individuals.


7.States approach Centre to expedite projects around heritages sites

The governments of three states, namely Uttar Pradesh, Tamil Nadu and Bihar have asked the Centre to speed up the approval of new and old projects that have been dormant in terms of construction due to their proximity to heritage sites and structures.


8.The third tranche of NHAI’s TOT model sees prospective investors lining up

With a floor price of 49.95 billion, the recent proposal consists of nine highway stretches that run through the states of Uttar Pradesh, Bihar, Jharkhand and Tamil Nadu covering a total distance of approximately 566 km.


9.Lessons learnt over two years of RERA’s implementation

About 19 states having a fully operational real-estate regulatory authority


10.ICRA: Maharashtra, Uttar Pradesh to drive state-led capex in road sector

It estimates state-level spend on roads to increase at CAGR of 22 per cent


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