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1.Metro and railway works worth Rs 34 billion awarded to ITD Cementation India

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.


2.Power discoms owe dues worth Rs 68 billion to renewable energy developers

Central Electricity Authority (CEA) stated that power distribution firms throughout the country owed dues amounting to approximately Rs 68.72 billion to renewable energy developers


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

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


4.Maharashtra leads in implementation of RERA

To date, 20,500-20,600 projects are registered, of which 13,000 are ongoing


5. The state of opportunities

The year gone by showed resilience and helped bring back some of the mojo that had faced the onslaught of the demonetisation and GST interventions. Large projects were cleared and several initiatives like RERA and PMAY helped new projects accelerate. 


6.19 roads to be constructed along Indo-China border

A a part of the Rs 250 bn infrastructure project, the Indian Government is planning to construct 19 strategic roads and 29 permanent integrated buildings along the Indo-China border in Arunanchal Pradesh and Sikkim.


7.North East airports get financial aid

The Airports Authority of India (AAI) has reportedly allocated around Rs 3,400 crore for the upgradation of airports in the North East region. As per reports, the national airport authority has allocated funds worth Rs 1,720 crore for Assam, Rs 525 crore for Tripura, Rs 800 crore for Manipur, Rs 42 crore for Nagaland, Rs 211 crore for Arunachal Pradesh and Rs 60 crore for Mizoram.


8.Sikkim´s first airport to be operational

The first airport of Sikkim is expected to be operational from December 2016, which will provide direct connectivity to the land-locked state and also help boost tourism. The airport will come up at Pakyong, which is 35 km from Gangtok.


9.Rs.76 cr allocated for Sikkim greenfield airport

The government has allocated Rs 76 crore since 2013 for the development of a boundary wall of a greenfield airport at Pakyong in Sikkim.This apart, the civil aviation ministry has also undertaken the construction of three hangars for A-321 aircraft at the Guwahati airport in Assam.


10.Mission Swachh Bharat abhiyan

In today´s modern era, where technology gets upgraded by the click of a button, basic sanitation is still a matter of luxury for many households across India.


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