PM to inaugurate projects worth Rs 168.35 bn in Jharkhand

01 Jul 2022 CW Team

Prime Minister Narendra Modi is visiting Deoghar in Jharkhand to launch or inaugurate development projects worth Rs 168.35 billion, including the Rs 4 billion Deoghar airport.

Modi will also dedicate to the nation the All-India Institute of Medical Sciences (AIIMS), Deoghar, which has come up at a cost of Rs 11 billion.

The Deoghar airport will provide air connectivity to Baidyanath Dham, a religious destination thronged by hundreds of thousands of pilgrims from across the country every year. The annual Shravani Mela fair at Baidyanath Dham begins next week. Modi will also offer prayers at ‘Baba Dham’, and “hold his longest-ever roadshow, of 11.5 km, in the district and later address a jan sabha,” a statement from the state Bharatiya Janata Party said.

Tuesday’s visit, Modi’s first to the state since 2019, is being seen as a show of support for local MP Nishikant Dubey, who has been sniping at Chief Minister Hemant Soren. The Chief Minister is under fire over a mining scam and a money-laundering investigation against his aide, Pankaj Mishra.

Last week, the ED raided more than a dozen premises linked to Mishra and seized around Rs 53.2 million in cash.

Also Read:
PM Modi set to inaugurate Jharkhand’s new Deoghar airport
Upcoming Sabarimala airport to boast Kerala’s longest runway

Infrastructure Urban

06 Apr 2026

CFI Appoints New National Council for FY27 and FY28

The Construction Federation of India (CFI) has announced its newly elected National Council and office bearers for a two-year term covering FY27 and FY28. M. V. Satish, Advisor to CMD and Lead Ambassador for Middle East, L&T, has been elected President; Priti Patel, Chief Strategy & Growth Officer, Tata Projects, has been appointed Vice President; and Ajit Bhate, Managing Director, Precast India Infrastructures, has taken charge as Treasurer.The newly formed National Council brings together senior leaders from major EPC and infrastructure companies, reflecting CFI’s continued focus o..

India REIT Market Gains Momentum with Strong Returns

India’s Real Estate Investment Trust (REIT) market is witnessing strong growth, emerging as a competitive investment avenue both domestically and across Asia. According to a recent ANAROCK report released at EXCELERATE 2026 by NAREDCO Maharashtra NextGen, the sector is evolving into a mature asset class driven by solid fundamentals, regulatory backing and rising investor confidence.The introduction of Small and Medium REITs (SM REITs) in 2025 has further widened access through fractional ownership, unlocking a potential monetisation opportunity of Rs 670–710 billion. Indian REITs have deli..

G R Infraprojects Secures Rs 4,130 Million BESS Contract From NTPC

G R Infraprojects said it has secured a contract from NTPC to supply and implement a battery energy storage system (BESS) valued at Rs 4,130 million (mn). The company reported the order was awarded as part of NTPC's ongoing efforts to enhance grid flexibility and energy storage capacity. The contract represents a notable addition to the firm's project pipeline and underscores demand for utility scale storage solutions. The award is expected to strengthen G R Infraprojects' presence in the energy infrastructure sector and to contribute to the firm's order book and future revenues, subject to st..