SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Asset class : Industrial

GoodEnough Energy begins operations at 7 GWh battery storage gigafactory in Noida

21 Jan 2026

GoodEnough Energy has commenced operations at its 7 GWh Battery Energy Storage System gigafactory in Noida, with plans to expand capacity to 25 GWh over the next three years. Backed by an investment of over INR 450 crore, the facility supports India's National Energy Storage Mission and net-zero goals. The company has also started rolling out storage projects nationwide, seeing strong demand across sectors. At current capacity, the plant is expected to help reduce over 5 million tonnes of CO? emissions annually.Read more

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SUV plunges into open pit, killing techie in shocking Greater Noida accident

21 Jan 2026

A tragic accident in Sector 150, Greater Noida, claimed the life of 27-year-old software engineer Yuvraj Mehta after his SUV fell into a water-filled construction pit left unsecured at a stalled commercial mall site. The plot had remained open for nearly two years without barricades, fencing or reflectors, turning it into a serious hazard, especially during heavy fog. Despite signalling for help and sharing his location, rescue teams faced visibility challenges and could not reach him in time. Police have filed an FIR against the developers for negligence, while the Noida Authority has taken action against officials and ordered safety checks across construction sites.Read more

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Lodha Developers to invest INR 1.3 lakh crore in 2.5 GW data centre park near Mumbai

21 Jan 2026

Lodha Developers Ltd has announced a massive INR 1.3 lakh crore investment to develop a 2.5 gigawatt data centre park near Mumbai, marking one of the largest infrastructure commitments in India's digital economy. The project, backed by a fresh memorandum of understanding with the Maharashtra government signed at the World Economic Forum in Davos, builds on an earlier commitment made in 2025. Planned at Lodha's Palava township, the park is expected to become the largest data centre cluster in the country, hosting global and domestic hyperscalers. The investment underscores Maharashtra's ambition to position itself as a leading data infrastructure hub while generating large-scale employment and supporting India's rapid digital transformation.Read more

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ACME Solar begins operations of 68 MW wind capacity at Gujarat project

21 Jan 2026

ACME Solar has started operations of a 68 MW wind energy capacity at its 100 MW project located in Surendranagar, Gujarat. The project is being developed in phases through its subsidiary, ACME Eco Clean Energy Pvt Ltd. The latest commissioning added 12 MW, taking the operational capacity to over two-thirds of the planned size. Power generated from the project will be sold under a long-term 25-year power purchase agreement with Gujarat Urja Vikas Nigam Limited. The project has received financial backing from Power Finance Corporation.Read more

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Maruti Suzuki to invest INR 35,000 crore in new Gujarat plant near Sanand

19 Jan 2026

Maruti Suzuki India Limited will invest INR 35,000 crore to set up a new vehicle manufacturing plant near Sanand in Gujarat's Ahmedabad district, strengthening the state's position as a major automobile manufacturing hub. The proposed facility will come up at Khoraj GIDC on 1,750 acres of land and is expected to generate employment opportunities for over 12,000 people. The Gujarat government described the project as a significant step in expanding India's most competitive automotive corridor and deepening India Japan industrial ties. The investment follows a memorandum of understanding signed during the Vibrant Gujarat Summit 2024. The new plant will complement Maruti Suzuki's existing Hansalpur facility, which is also expanding capacity, underscoring the company's long-term commitment to Gujarat.Read more

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Haryana secures coal allocation for 800 MW power expansion at Khedar

19 Jan 2026

Haryana has received coal allocation from the central government for an 800 MW expansion unit at the Rajiv Gandhi Thermal Power Plant in Khedar, Hisar. This allocation, made under the SHAKTI Scheme, will ensure a long-term, steady fuel supply and help prevent power generation disruptions. The expansion is expected to significantly enhance the state's electricity capacity, supporting industrial, agricultural, and domestic needs. The move reflects Haryana's commitment to energy security, affordable supply, and long-term infrastructure development.Read more

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EXL plans two new delivery centres in tier-2/3 Indian cities in 2026

19 Jan 2026

Nasdaq-listed data and AI services firm EXL is planning to set up two new delivery centres in tier-2 or tier-3 cities in India this year, as it looks to leverage cost advantages, infrastructure availability and a growing talent pool beyond major metros. CEO Rohit Kapoor said the centres, each expected to house 500-1,000 employees, will be operational in 2026 and are part of the company's broader strategy to align with rising global IT spending on artificial intelligence, infrastructure and cybersecurity. While traditional IT maintenance spending remains under pressure, Kapoor said demand is increasingly shifting towards AI-led workflow transformation and innovation. India continues to be central to EXL's global delivery ecosystem, accounting for nearly three-fourths of its workforce, with strong capabilities in digital operations, data analytics and AI.Read more

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AM Green’s USD 10 billion green hydrogen and ammonia project in Kakinada moves to key construction stage

19 Jan 2026

AM Green's USD 10 billion green hydrogen and green ammonia project in Kakinada has reached an important construction phase with the first major equipment erection ceremony scheduled shortly. The project, among India's largest clean energy investments, is being developed through the brownfield conversion of an existing ammonia-urea facility. With a planned capacity of 1.5 million tonnes per annum, it is expected to enable India's first exports of green ammonia. The project aligns with Andhra Pradesh's clean energy policy and targets global markets including Europe and East Asia.Read more

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RM Drip to expand manufacturing with new Nashik plant

18 Jan 2026

RM Drip and Sprinklers Systems is set to establish a new manufacturing facility in Nashik through its proposed subsidiary, Brahmanand Pipes Pvt Ltd, with an annual capacity of 12,000 tonnes. This expansion will increase the company's production capacity by approximately 50 per cent and cater to higher demand across irrigation, infrastructure, and industrial segments. The plant will produce a range of products, including drip irrigation systems, HDPE pipes, and industrial piping solutions. Founded in 2004, RM Drip has a strong presence in multiple Indian states.Read more

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Juniper Green Energy begins solar power generation at Solapur hybrid project

18 Jan 2026

Juniper Green Energy has initiated power generation at the 72-MWp solar segment of its 133-MWp hybrid project in Solapur, Maharashtra, which was commissioned on January 10. Developed by its subsidiary Juniper Green Spark Ten Private Ltd, the solar segment was completed 10 months earlier than planned, following the first phase of 36 MWp commissioned last September. The project's PPA with Maharashtra State Electricity Distribution Company Limited covers 108 MWp of solar and 25 MW of wind power, with full commercial operation originally set for November 2026. The solar commissioning marks a major milestone in advancing the hybrid project.Read more

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ACME's 400 MW solar and battery storage project in Andhra Pradesh advances swiftly

18 Jan 2026

ACME Group's 400 MW solar power project with integrated battery storage in Andhra Pradesh has progressed from approvals to construction within four months. Located in Anantapur district and involving an investment of about INR 3,000 crore, the project is being developed under the Firm and Dispatchable Renewable Energy framework. It is scheduled for commissioning in 2026 and aims to provide reliable renewable power. The state government has highlighted the project as an example of its fast-track approach to renewable energy development and grid stability.Read more

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Four major sewage treatment plants start operations under Namami Gange Phase II

18 Jan 2026

Four significant sewage treatment plants under Namami Gange Phase II have become operational in Uttar Pradesh, strengthening wastewater management in cities along the Ganga and Yamuna rivers. Two plants in Agra, one in Varanasi and one in Unnao's Shuklagunj collectively serve over 46 lakh residents. The Agra plants cost INR 842 crore, Varanasi's 308 crore and Unnao's 65 crore. These STPs form part of ongoing efforts to expand sewerage infrastructure, reduce untreated sewage discharge into rivers, and improve sanitation and public health outcomes in urban areas.Read more

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Waaree Renewable Technologies secures INR 102.75 crore order for 25 MW solar project

18 Jan 2026

Waaree Renewable Technologies has secured an order worth INR 102.75 crore for the execution of a solar power project on a turnkey basis, according to a regulatory filing. The order involves the setting up of a ground-mounted solar project with a capacity of 25 MWac or 35 MWp, along with evacuation infrastructure of 50 MW. The project has been awarded by a domestic entity and includes engineering, procurement and construction works. As per the terms of the order, the project is scheduled to be completed during the 2026-27 financial year. The development adds to the company's EPC order book in the renewable energy segment.Read more

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Show-cause notices issued to 90 illegal ready-mix concrete plants in Gurugram

17 Jan 2026

Gurugram authorities have issued show-cause notices to 90 ready-mix concrete (RMC) plants operating without required permits or in violation of environmental and land-use norms. The action is part of a broader enforcement drive to regulate construction activity, curb unregulated industrial units and mitigate pollution and traffic issues linked to unauthorised RMC operations. Officials say many plants were found functioning in non-industrial areas, lacking clearances and posing risks to nearby communities. The notices instruct operators to justify continued operations or face potential closure and penalties.Read more

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L&T acquires remaining 40% stake in LT Sapura Shipping

17 Jan 2026

Larsen & Toubro (L&T) has moved to take full control of its offshore marine construction joint venture, L&T Sapura Shipping Private Limited (LTSSPL), by acquiring the remaining 40% stake from Sapura Nautical Power Pte Ltd for INR 122.39 crore (about USD 30.5 million). L&T will buy over 6.35 crore shares at INR 19.26 each and settle Sapura�s outstanding shareholder loan of roughly USD 16.93 million. The transaction, expected to close by the end of this month, strengthens L&T�s offshore marine capabilities in India and the Middle East.Read more

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MPCB issues notice to Powai RMC plant over environmental violations

16 Jan 2026

A ready-mix concrete (RMC) plant in Powai, Mumbai, has received a formal notice from the Maharashtra Pollution Control Board (MPCB) for failing to comply with updated environmental and operational norms. Inspections revealed uncovered cement silos, lack of tyre-washing systems, poor sludge management, and non-functional dust suppression measures. The notice gives the operator 15 days to rectify all issues. This action is part of broader enforcement across the Mumbai Metropolitan Region, reflecting the board's intensified efforts to ensure construction-related industries maintain environmental and public safety standards.Read more

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Brick & Bolt strengthens focus on AI-led construction for education infrastructure

16 Jan 2026

Brick & Bolt has announced a renewed focus on transforming the construction of schools and educational institutions across India through its technology-led, governance-first delivery model. The company said it aims to bring greater predictability, accountability and execution certainty to education infrastructure projects, where adherence to academic timelines is critical. By leveraging AI-driven planning, digital monitoring tools and structured quality governance, Brick & Bolt seeks to address long-standing challenges such as delays, fragmented responsibilities and quality inconsistencies. The approach is intended to enable educational institutions to concentrate on learning outcomes while ensuring projects are delivered on time, within approved budgets and in compliance with regulatory standards.Read more

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Garuda Aerospace expands Chennai operations with new drone battery manufacturing unit

16 Jan 2026

Garuda Aerospace has commissioned a drone battery manufacturing facility at its Chennai campus, strengthening its focus on localising critical components in the drone value chain. The facility was inaugurated by DGCA Director General Faiz Ahmed Kidwai during an industry event attended by stakeholders from the civil aviation and drone sectors. Alongside this, the company also opened a new academic block at its DGCA-approved pilot training centre to address rising demand for trained drone operators. The developments align with India's broader push towards indigenous manufacturing and skill creation in unmanned aviation.Read more

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Shakti Pumps secures INR 600 crore orders under PM-KUSUM scheme

15 Jan 2026

Shakti Pumps has received new orders worth over INR 600 crore under the government's PM-KUSUM scheme, further strengthening its presence in the renewable energy and agri-infrastructure space. The orders, awarded by Karnataka Renewable Energy Development Ltd, involve the supply, installation, and commissioning of 16,780 standalone off-grid solar photovoltaic water pumping systems across Karnataka. Excluding GST, the total value of the letter of award stands at INR 600.58 crore. The development aligns with the broader objectives of the PM-KUSUM scheme, which aims to enhance farmers access to clean energy while reducing dependence on grid power and diesel. The order highlights continued momentum in decentralised solar adoption within India's agricultural sector.Read more

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Renewable energy industry urges budget support for manufacturing, R&D, and grid upgrades

15 Jan 2026

The renewable energy sector is urging the FY27 Union Budget to provide stronger incentives for R&D, domestic manufacturing of ingots and wafers, and grid infrastructure development. Industry leaders emphasize the need for policy clarity, financially stable utilities, and bankable power purchase agreements, along with support for distributed solar, hybrid systems, and storage solutions. Experts also highlight the importance of carbon monetization, recycling of modules and batteries, customs duty exemptions, and green finance to strengthen India's clean energy transition and ensure execution of renewable projects at scale.Read more

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