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Himachal Pradesh govt to form SPV for Shimla satellite town project

Himachal Pradesh government has decided to form a special purpose vehicle within a month to expedite the proposed “mountain town” project near Jubbar Hatti airport near Shimla. Himachal Pradesh Housing and Urban Development Authority (HIMUDA) and Singapore Cooperation Enterprise (SCE), the executing agency selected by the Singapore government, met in New Delhi on Wednesday to deliberate about the project.

Source: The Times of India