When the 60 winning cities (with proposals worth over Rs 1.31 lakh crore) become smart, it is expected to positively impact the lives of 72 crore urban population. While Rs 1.05 lakh crore will be spent on area-based development plans, Rs 26,141 crore will be spent on pan-city solutions in the next five years.

Gayatri Projects has secured an irrigation contract worth Rs 1,363 crore from the Executive Engineer, Karnataka Neeravari Nigama Limited.

Renewable energy firm ReNew Power Ventures Ltd has announced that it has secured long-term debt financing of $390 million (approximately Rs 2,650 crore) from Asian Development Bank (ADB).

About 44 airports across the country have high potential for operations under the Regional Connectivity Scheme (RCS) for civil aviation, UDAN, according to a report from industry body FICCI.

Power Grid Corporation of India Limited (PGCIL) has evinced interest in investing in power transmission lines in Telangana. “PGCIL has expressed its interest to invest in the transmission projects in the state. The Chief Minister wanted officials from the state electricity department and PGCIL to hold talks in this regard,” a release issued by Telangana Chief Minister K Chandrasekhar Rao’s office said.

Bharat Heavy Electricals Ltd (BHEL) has successfully commissioned another 600 MW coal-based thermal power plane in Telangana. ´The unit has been commissioned at the 2x600 MW Singareni Thermal Power Project (TPP) located in Adilabad district in Telangana.

Telangana currently stands at second rank in solar power production in the country and it may reach the top spot in another six months, state power minister G Jagadish Reddy has said at Hyderabad.

In a huge relief to weaker sections, Telangana´s TRS government has announced a major loan waiver for housing beneficiaries. Chief Minister K Chandrasekhar Rao said Rs 3,920 crore loan component that has to be paid by beneficiaries of the Indiramma Weaker Section Housing Scheme between 2004 and 2014 would be waived.

Under the Pradhan Mantri Awas Yojana (PMAY), a total of 12,27,088 affordable houses for the Economically Weaker Sections in urban areas have been approved with Central assistance commitment of Rs.19,682 crore.