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1.Power sector to need $400 bn in 12th plan

The power sector, which is struggling with funding shortfalls will need an additional $400 bn (around Rs18 tn) investment in the Twelfth Five-Year Plan starting April 2012.


2.We need several $10 bn funds: Montek

FICCI's infrastructure summit in New Delhi, marked by large participation from all sectors, did not witness remarkable announcements, but for the reiteration that infrastructure is likely to miss the 11th Plan target by more than 10 per cent.


3.Integrated Townships in India

The world is now looking at India as the hub for integrated townships. This is evidenced in the upcoming inaugural conference on Integrated Townships in Mumbai.


4.Kochi Metro to get land at Kakkanad to raise funds

Kerala state government will provide 33 acre at Kakkanad for the Kochi Metro Rail Ltd (KMRL) to raise funds for the project.


5.Omkar residential project gets Rs 2 bn PE funding

Ajay Piramal backed Indiareit Fund Advisors has invested Rs 200 crore in a Mumbai residential project being developed by Omkar Realtors. The company will use some of this capital for other projects too


6.Marvel Landmarks receives Rs 55 cr investment

Marvel Landmarks, a Pune based realty company has received Rs 55 crore inve-stment for an 8 per cent stake from Paracor Capital Advisors, the PE arm of Mauritius based Madison India Real Estate Fund. Marvel Landmarks is the FDI compliant company of local developer


7.L&T to invest Rs 25,000 cr for power

L&T Power, the wholly-owned subsidiary of Larsen & Toubro (L&T), plans to have a generation capacity of 5,500 MW, including hydro power and is likely to invest about Rs 25,000 crore to build its thermal power business in the next five years.


8.GIL to set up power plant in West Bengal

Graphite India Ltd (GIL) plans to set up a 50 MW plant in West Bengal, entailing an investment of Rs 214 crore.


9.SECL urged to fund rail project

South-East Central Railway (SECR) is expecting the South Eastern Coalfields Ltd (SECL) to fund construction of railway line between Raigarh and Mand covering a distance of about 70 km.


10.Northern railway stations to get 573 new CCTVs

The Northern railway is reportedly planning to use Nirbhaya Fund for the first time by installing 573 new CCTV cameras across 20 stations. The at-risk stations have been identified by studying several locations where crime rate is higher than normal.