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

Patna to set up Bihar’s largest 400 MLD sewage treatment plant under Namami Gange push

Patna News Desk

01 Mar 2026

Patna will soon have Bihar's largest sewage treatment plant with a capacity of 400 million litres per day (MLD) to reduce untreated discharge into the Ganga. The project follows directions issued during a recent Namami Gange review meeting in Delhi. The Bihar Urban Infrastructure Development Corporation (Buidco) has begun site surveys between Danapur and Patna City. The plant will connect major drains across the city and may be built as one 400 MLD unit or two 200 MLD units. The move is part of Bihar's broader plan to expand sewage treatment capacity across Ganga towns.Read more

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Gurugram introduces strict two-stage construction waste checks to strengthen compliance

Gurugram News Desk

01 Mar 2026

The Municipal Corporation of Gurugram (MCG) has approved new regulatory measures that introduce a two-stage verification system for construction and demolition (C&D) waste management, aimed at tightening oversight and curbing illegal disposal that contributes to pollution and roadside dumping. Under the system, builders and developers must account for anticipated waste at the planning stage and again before obtaining an occupancy certificate, submitting proof of disposal through authorised channels. Municipal bodies will be required to establish authorised waste drop-off points within every 5 km 5 km grid, and environmental compliance will be tracked using a digital system featuring GPS and geo-tagging. The Haryana State Pollution Control Board (HSPCB) will enforce the requirements and impose penalties for violations. The measures reflect broader efforts to align city practices with national waste-management directives and stem mounting concerns about unregulated debris disposal and its impact on air quality and urban liveability.Read more

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Delhi opens first green waste processing plant at ITO to manage horticulture waste scientifically

Delhi News Desk

28 Feb 2026

Delhi has operationalised its first dedicated green waste processing plant near ITO to handle horticulture waste generated from road maintenance and public landscaping. The facility will process branches, shrubs and pruning residue into compost for reuse in government gardens and green belts. The move follows repeated complaints about waste piling up along roadsides. Similar units are being developed in multiple locations, and more are planned across districts. Authorities said the initiative will reduce dumping, cut transport costs and improve maintenance of public spaces.Read more

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Work begins on INR 1,200 crore e-methanol plant at Kandla Port

28 Feb 2026

Groundwork has started for a INR 1,200 crore e-methanol plant at Kandla Port in Gujarat, marking India's first port-based facility of this kind. The project is being developed by Assam Petro-Chemicals Limited in partnership with Deendayal Port Authority. The proposed unit will have a capacity of 150 tonnes per day and will come up on 150 acres of allotted land. The plant is expected to generate around 3,500 direct and indirect jobs and support the use of cleaner fuels in shipping and industry.Read more

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Uttar Pradesh signs MoUs worth INR 11,000 crore with Japanese firms to boost industrial collaboration

27 Feb 2026

Uttar Pradesh Chief Minister Yogi Adityanath signed MoUs worth INR 11,000 crore with Japanese companies, including Kubota, Minda Corporation, JAE, Nagase & Co., Seiko Advance, O&O Group, Fuji Japanese JV, and Fujisilvertech Concrete. The agreements span sectors such as agricultural and industrial machinery, automotive components, electronics, water and environmental infrastructure, industrial printing, and hospitality. Officials stated the deals are expected to boost manufacturing capacity and advance collaboration between India and Japan. Companies like Kubota, Minda, and JAE bring expertise in machinery, automotive electronics, and aerospace components, while O&O will focus on hospitality and real estate.Read more

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NTPC and MAHAGENCO complete acquisition of Sinnar Thermal Power

27 Feb 2026

NTPC and MAHAGENCO have completed the acquisition of Sinnar Thermal Power, which was undergoing insolvency proceedings. The plant, located in Sinnar, Nashik, has a total capacity of 1,350 MW. While the transaction value remains undisclosed, the completion adds significantly to NTPC's capacity, bringing its total installed capacity to 88,132 MW and commercial capacity to 87,052 MW. The move aligns with NTPC's growth strategy in Maharashtra and strengthens its coal-based generation portfolio, ensuring better support for power supply across the state and the country.Read more

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Avadh Steel to invest INR 6,000 crore in Bihar steel plant along Gaya-Dobhi industrial corridor

27 Feb 2026

Avadh Steel, alongside associated promoters, has proposed an investment of approximately INR 6,000 crore to establish a modern integrated steel plant in Bihar, signalling a major industrial infusion into the state's manufacturing landscape. The proposal was discussed during a meeting between company representatives, including Managing Director Deepak Agarwal, and the Bihar Industries Minister, emphasising the plant's potential to leverage advanced production technologies and contribute to employment generation. The proposed facility is expected to be located along the Gaya-Dobhi industrial corridor, a strategic growth axis that has seen cumulative industrial land acquisition and government efforts to promote sectoral investment. Officials have indicated the investment could accelerate local economic activity, support ancillary industries and boost Bihar's standing as a manufacturing destination, although detailed land allocation and clearances are still under consideration.Read more

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Ascendas Firstspace acquires 9 lakh sq ft industrial asset in Bavla, Ahmedabad, for about INR 275 crore

26 Feb 2026

Ascendas Firstspace has acquired 9 lakh sq ft of warehousing and industrial space at Bavla, Ahmedabad, from Crystal Group for approximately INR 275 crore, marking its entry into the Gujarat market. The transaction was facilitated by AARE Consulting and structured as a forward purchase, with development and asset transfer to take place in phases over the next 18 months in line with construction milestones. The acquisition strengthens Ascendas Firstspace's western India portfolio and aligns with its strategy of expanding across infrastructure-backed industrial corridors witnessing rising demand from manufacturing, e-commerce and third-party logistics occupiers. The asset is expected to add institutional-grade supply to a market that has seen growing occupier interest amid Gujarat's expanding industrial and logistics ecosystem.Read more

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NHPC clears INR 5,700 crore investment for two hydro projects in Jammu & Kashmir

26 Feb 2026

State-run NHPC Ltd has approved investments totalling about INR 5,700 crore for two hydroelectric projects in Jammu & Kashmir. The approvals cover the 240 MW Uri-I Stage-II project and the 260 MW Dulhasti Stage-II project, including interest during construction and enabling infrastructure costs. Construction is targeted to begin by March next year, subject to signing of agreements and statutory clearances. Together, the projects will add 500 MW of renewable capacity and strengthen hydropower generation in the Union Territory.Read more

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Goa to require sewage treatment plants for residential complexes with 24 or more flats

Goa News Desk

26 Feb 2026

The Goa State Pollution Control Board (GSPCB) has directed the town and country planning department to implement a rule mandating sewage treatment plants (STPs) for residential complexes with 24 or more flats, reducing the earlier 50 flat threshold. The decision follows repeated complaints about non-functional or poorly maintained STPs in several complexes and scientific assessment of wastewater generation. Builders must install and operate STPs for three years or until handover to residents associations, ensuring proper wastewater treatment. The High Court has noted the matter and left the final threshold decision to the state government.Read more

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Odisha government clears 10 industrial projects worth over INR 44,200 cr including Adani hydropower and semiconductor units

25 Feb 2026

The Odisha government has approved ten industrial projects with a total proposed investment of over INR 44,200 cr across renewable energy, semiconductors, cement, auto components and telecom infrastructure. The approvals were granted at a High-Level Clearance Authority meeting chaired by Chief Minister Mohan Charan Majhi. The projects are expected to generate around 8,765 jobs across eight districts. Major proposals include a pumped storage hydropower project by the Adani Group and a semiconductor memory chip manufacturing plant in Khurda, strengthening the state's industrial and energy base.Read more

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Tata Steel to start Ludhiana plant in March with INR 3,200 crore investment

25 Feb 2026

The Punjab government has announced that Tata Steel will begin operations at its new Ludhiana manufacturing plant in March. The project, spread over 115 acres near HiTech Valley, involves an investment that has increased from INR 2,600 crore to INR 3,200 crore. The facility will include a 0.75 MTPA Electric Arc Furnace-based steelmaking unit and a rebar mill. It is expected to generate around 2,500 jobs. The plant will use 100 per cent steel scrap and adopt a production process aimed at reducing carbon emissions.Read more

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Delhi to expand biomedical waste treatment capacity with new facilities

Delhi News Desk

24 Feb 2026

The Delhi government has unveiled plans to strengthen the city's biomedical waste management infrastructure by establishing additional Common Bio-Medical Waste Treatment Facilities (CBWTFs) to address rising volumes of medical refuse and improve operational coverage across districts. The initiative, announced by the Environment Minister following a high-level review, involves setting up new treatment plants on sites of at least 0.5 acre each and equipped with modern technology to process waste through autoclaving, shredding and secure landfilling. The proposed facilities are expected to handle about 46 tonnes per day, easing pressure on the two existing plants that currently serve the entire capital. Tenders will be floated soon to attract operators with advanced systems, with each new facility intended to serve clusters of three districts to decentralise and improve efficiency in waste disposal. Officials have linked the expansion to broader public health and environmental goals in the city as biomedical waste generation continues to grow.Read more

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Godrej Enterprises unveils India’s largest automated warehouse for pharmaceutical sector

24 Feb 2026

Godrej Enterprises Group�s Storage Solutions business has delivered what it described as India�s largest automated warehouse for the pharmaceutical industry, marked by a high-bay 120-foot automated rack-clad system engineered for a leading Indian pharmaceutical company. The facility integrates structural racking, automation technologies and external cladding into a single assembly, streamlining vertical storage and retrieval within a standalone warehouse structure. The installation represents a significant deployment of automated storage solutions in India�s logistics landscape, aligning with the sector�s ongoing transition toward high-technology infrastructure to support efficient supply chain operations, particularly in industries such as pharmaceuticals, where precision and speed are critical. The warehouse is expected to enhance operational efficiency and storage density, contributing to improved inventory management and faster handling cycles.Read more

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Sundar Pichai defends AI investment, compares it to historic infrastructure expansion

23 Feb 2026

Google CEO Sundar Pichai has defended rising AI investments, comparing them to historic infrastructure projects like railroads and national highways that later drove economic growth. Speaking at the India AI Impact Summit, he described AI as a transformational shift happening at unprecedented speed and scale. Pichai said Google has integrated AI across Search, YouTube, Cloud and emerging businesses, with Google Cloud's order backlog doubling year-on-year to USD 240 million. Alphabet expects capital expenditure of USD 175-185 billion in 2026. He also announced a subsea cable initiative and highlighted India's proposed USD 15 billion AI hub in Visakhapatnam to strengthen digital and compute infrastructure.Read more

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Tripura’s first tea auction centre likely to open by April

23 Feb 2026

Tripura's first tea auction centre at Gurkhabasti in West Tripura district is set to become operational by April, creating a dedicated trading platform for local growers. Currently, tea producers send nearly 90 lakh kg of annual output to Guwahati and Kolkata, increasing transport costs and delivery time. The new centre is expected to reduce logistics expenses, improve price realisation and strengthen market access for 54 tea estates and over 30,000 workers linked to the sector. The state will also offer a transport subsidy of INR 4 per kg to support buyers. Once operational, Tripura may also gain State GST benefits on tea auction transactions.Read more

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Tamil Nadu interim budget outlines shipbuilding policy and industrial push

21 Feb 2026

Tamil Nadu's interim budget has set out the State government's near-term economic and industrial priorities, with a clear focus on manufacturing and infrastructure-led growth. A key announcement is the plan to introduce a dedicated shipbuilding policy aimed at attracting large investments and strengthening the maritime ecosystem. The budget also earmarks significant funds for industrial development while addressing fiscal pressures faced by the State. Alongside industry, allocations continue for social sectors, reflecting the government's attempt to balance growth, welfare spending, and financial discipline during an election year.Read more

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Mysuru civic body begins work on construction and demolition waste processing plant

21 Feb 2026

The Mysuru City Corporation (MCC) has commenced construction of a dedicated construction and demolition (C&D) waste processing plant on a 9-acre site in Hanchya-Sathagalli, near the city's Outer Ring Road, with an estimated cost of INR 11.7 crore. The initiative aims to tackle the nearly 100 tonnes of C&D waste generated daily in Mysuru by recycling debris into usable materials such as crushed bricks and aggregates for road building and other infrastructure works. The project sanctioned by the Mysuru Development Authority will have a capacity to process up to 100 tonnes per day and is expected to be operational within four months, supporting the city's efforts to curb illegal dumping and improve cleanliness as it prepares for assessment under the Swachh Survekshan national cleanliness ranking. MCC has already deployed tippers to collect debris and begun initial dumping at the site.Read more

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SIPB approves 27 projects worth INR 29,021 crore in Andhra Pradesh

20 Feb 2026

The Andhra Pradesh State Investment Promotion Board has approved 27 new projects worth INR 29,021 crore at its 15th meeting chaired by Chief Minister Shri N Chandrababu Naidu. With this, total cleared investments in the state have crossed INR 9 lakh crore, expected to generate over 8.5 lakh jobs. The government is pushing its Speed of Doing Business policy, fast-tracking major proposals and closely monitoring land allotments. Alongside industrial growth, Andhra Pradesh is expanding tourism infrastructure across Visakhapatnam, Amaravati and Tirupati, with plans for hotels, shopping hubs and convention centres. The state is positioning itself as a key destination for manufacturing, infrastructure and tourism-led development.Read more

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Waaree to set up INR 8,175 crore lithium-ion Gigafactory in Andhra Pradesh

20 Feb 2026

Waaree Energies will establish India's largest integrated lithium-ion battery Gigafactory in Andhra Pradesh with an investment of INR 8,175 crore. Located at Rambilli in Anakapalli district, the 16 GWh facility will cover advanced cell manufacturing, battery pack assembly and large-scale Battery Energy Storage Systems (BESS). The project has received in-principle approval from the Andhra Pradesh State Investment Promotion Board and is expected to create around 3,000 direct jobs. The plant will strengthen domestic battery manufacturing, reduce import dependence and support renewable energy, electric mobility and grid stability. Backed by the state's Integrated Clean Energy Policy, Andhra Pradesh is emerging as a major clean-energy manufacturing hub.Read more

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