The slash in GST rates to 5 per cent without ITC from the previous 12 per cent with ITC for premium homes, and to 1 per cent minus ITC for affordable homes from the earlier 8 per cent, gives the beleaguered realty sector the much-needed breathing room and will certainly help it maintain some forward momentum in 2019.
Author: admin (Infratructure Today)
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TUV SUD receives accreditation from Quality Council of India
TÃœV SÃœD, the German testing, inspection, training and certification giant, has been accredited by Quality Council of India under the third-party RMC (ready mix concrete) plant certification Scheme to assure quality in operations and processes of RMC Plants in the country.
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ReNew Power secures additional $350 million OPIC debt funding
ReNew Power, has secured fresh debt financing of up to $350 million from the Overseas Private Investment Corporation (OPIC), the US GovernmentÂ’s development finance institution.
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MP implements innovative rooftop solar program (26 MWp) through RESCO route
After the success of the 750MW Rewa Ultra Mega Solar project in Rewa, the Madhya Pradesh government is now aiming to create a new model for success in rooftop solar energy generation.
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Siemens Gamesa will supply 567 MW to ReNew Power
Siemens Gamesa Renewable Energy has secured a new order in India from ReNew Power, IndiaÂ’s largest renewable energy Independent Power Producer (IPP).
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Legrand launches India’s first voice-controlled experiential centre
Legrand India, a global leader in electrical and digital building infrastructure inaugurated their first voice-enabled state-of-the-art experience centre Innoval in the tech city Bangalore.
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BMC to focus on completion of Goregaon–Mulund link road
BMC in its budget for 2019-20 is likely to announce its intention to use their reserve funds for infrastructure projects like GMLR and Mumbai Coastal Road.
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Delhi Metro corridor extended from Dilshad Garden to New Bus Adda Ghaziabad
The government has approved the extension of Delhi Metro corridor from Dilshad Garden to New Bus Adda Ghaziabad. The total distance of the extended line will be 9.41 km.
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JICA to fund projects worth Rs 34.20 billion
By constructing the Chennai Peripheral Ring Road (Section 1) and installing Intelligent Transport Systems the city authority aims to meet increasing traffic demands in the cityÂ’s metropolitan area, thereby contributing to the mitigation of traffic congestion and promoting regional economic development.
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Now a six-lane project to decongest Delhi
To address the ever-growing traffic congestion menace in the capital, the government has decided to decongest the city with a six-lane project worth Rs 28.20 billion.