As reported, the Supreme Court has given its approval for Mumbai’s Rs 140 billion coastal road project – which was put on the map to decongest traffic and provide ease of access between the northern and southern parts of the city.
Tech Mahindra announced recently its largest smart city project worth Rs 5 billion from Pimpri Chinchwad Municipal Corporation (PCMC), Asia’s richest municipal corporation. Through this project, Tech Mahindra will engage with more than 1.5 million citizens of PCMC by enabling technology-led transformation to convert it into a smart and sustainable city.
ITD Cementation India, a construction major in India, recently announced through its BSE filing that the company bagged five contracts estimated to be worth over Rs 34 billion, for major infrastructure projects in the country.
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.
Keeping up with its expansion plans for Pune airport, the Airports Authority of India (AAI) is deliberating between two options to acquire a 5 acre plot. The land is located next to the airport’s parking number one and can be taken either through the Pune Municipal Corporation (PMC) or through a JV between the owners of the plot and AAI.