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.
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.
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.
The National Highways Authority of India (NHAI), in a bid to revive public-private partnership (PPP) for its projects, will offer about 950 km of road stretches that are estimated to be worth Rs 300 billion on its Build-Operate-Transfer (BOT) model.