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49 minutes ago
The Union Cabinet has approved the continuation of Pradhan Mantri Gram Sadak Yojana Phase III with an increased outlay of INR 83,977 crore and extended timelines up to 2029 for select works. The decision focuses on completing pending rural road and bridge projects, including those not yet awarded. The scheme aims to improve connectivity to markets, schools and healthcare facilities. It is expected to support rural mobility, reduce travel time and enable economic activity, especially in remote and underserved regions, while also creating employment through infrastructure development.Read more
1 hour ago
The Amaravati Development Corporation has directed officials to expedite development works at the N-4 and E-3 road junction near Venkatapalem, a key entry point to the capital region. With rising traffic congestion, the authority has prioritised road surfacing, junction upgrades and safety improvements. Coordination with the National Highways Authority of India has also been emphasised for ongoing works near major bypass crossings. Additional focus has been placed on water diversion and infrastructure readiness around key stretches, indicating a broader push to improve connectivity and support the capital city’s ongoing development.Read more
24 Apr 2026
Andhra Pradesh Chief Minister Shri N Chandrababu Naidu is set to lay the foundation for a 6 GW solar ingot and wafer manufacturing facility in Anakapalli district near Visakhapatnam, with an investment of INR 5,400 crore by ReNew Energy Global plc. The project forms part of the state’s Integrated Clean Energy Policy 2024 and aligns with India’s target of achieving 500 GW of non-fossil fuel capacity by 2030. The facility is expected to be commissioned within 24 months and generate over 2,100 jobs. The investment contributes to ReNew’s broader INR 82,000 crore commitment in the state and reflects increasing focus on domestic manufacturing to reduce import dependence in the solar supply chain.Read more
24 Apr 2026
Chhattisgarh has taken up 774 rural road projects under the Pradhan Mantri Gram Sadak Yojana, covering around 2,426.875 km with an estimated cost of INR 2,225.44 crore. The projects aim to connect nearly 781 habitations and improve access to basic services such as healthcare, education, and markets. The initiative builds on the state’s ongoing efforts in rural infrastructure, including previous road construction and credit support systems for farmers, while also targeting remote and tribal regions that still lack all-weather connectivity.Read more
24 Apr 2026
The Noida Authority has approved the installation of noise barriers along a key elevated road to address rising sound pollution affecting nearby residential areas. The decision follows persistent complaints from residents over high traffic noise levels on the corridor. The intervention is part of a broader urban infrastructure response to environmental concerns linked to high-capacity road networks. The project will involve installation of acoustic panels along the stretch, aimed at improving liveability in adjoining neighbourhoods while maintaining traffic efficiency on one of the city’s busiest elevated corridors.Read more
24 Apr 2026
India’s ports are transitioning into integrated logistics and industrial hubs, supported by capacity expansion, policy reforms and private sector participation, according to the Shipping Secretary. Addressing investors in Singapore, officials highlighted that cargo handling capacity has doubled over the past decade to 2,771 MTPA, with a target of 3,500 MTPA by 2030. The shift reflects a broader strategy to move beyond traditional cargo handling towards port-led industrialisation and supply chain integration. Initiatives such as public-private partnerships, shipbuilding expansion and green port development are driving this transformation. The development positions ports as key nodes in India’s trade infrastructure, aimed at improving efficiency, attracting global investment and strengthening manufacturing ecosystems.Read more
24 Apr 2026
A group of global lenders is preparing to extend about USD 600 mn in financing for Brookfield’s 1.04 GW hybrid renewable energy project in India. The project is being developed through its Evren platform in partnership with Axis Energy and combines wind, solar, and battery storage to provide firm power output. Spread across Andhra Pradesh and Rajasthan, it has secured long-term power agreements, including a supply arrangement with NTPC Ltd. The financing adds to earlier domestic debt support and strengthens funding for large-scale renewable expansion.Read more
24 Apr 2026
The Maharashtra government has approved Mumbai Metro Line 5A (Phases I and II) with an investment of INR 18,130.55 crore, alongside borrowing for three expressway projects in Vidarbha and infrastructure works for the 2027 Nashik–Trimbakeshwar Kumbh Mela. The 34.21-km Metro corridor will connect Kapurbawdi, Bhiwandi, Kalyan and Ulhasnagar through 19 stations, aiming to improve regional connectivity and reduce travel time. The state has also cleared land acquisition funding for key expressways, including Nagpur–Gondia, Bhandara–Gadchiroli and Nagpur–Chandrapur corridors. Additionally, INR 1,063 crore has been approved for Phase II works related to Kumbh Mela infrastructure. The decisions reflect a broader push towards transport connectivity, urban mobility and large-scale infrastructure development across Maharashtra.Read more
24 Apr 2026
The Brihanmumbai Municipal Corporation (BMC) has directed an NGO to restore a Worli site to its original condition after unauthorised construction was carried out within a Coastal Regulation Zone (CRZ). The action follows violations linked to a beautification project undertaken without mandatory clearances. The civic body highlighted that prior approvals are compulsory under CRZ norms, and no post-facto permissions are allowed, reinforcing regulatory scrutiny over coastal developments.Read more
24 Apr 2026
The Gurugram Metropolitan Development Authority (GMDA) is planning to develop around 3.5 km of service roads along the Southern Peripheral Road (SPR) to address rising traffic congestion and improve internal connectivity across key sectors. The proposed stretches between sectors 70–70A and 70–75 aim to segregate local traffic from through movement on the arterial corridor. The project is currently at the detailed planning stage, with approvals and tendering expected to follow. In parallel, complementary upgrades, including a missing road link and enhanced road infrastructure, are being pursued to strengthen connectivity between SPR and adjoining corridors such as Sohna Road. The initiative forms part of broader efforts to streamline urban mobility in Gurugram.Read more
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24 Apr 2026
NDR InvIT Trust has acquired two Grade-A warehousing assets in Kochi and Coimbatore for around INR 260 crore, adding nearly 0.79 million sq ft of leasable space to its portfolio. The fully operational assets are 100% occupied and come with a weighted average lease expiry of over five years, ensuring stable rental income. The acquisition strengthens the trust’s presence in high-growth South Indian logistics hubs, supported by rising demand from e-commerce, manufacturing, and third-party logistics players. With this transaction, the platform’s total operating area has expanded to nearly 23 million sq ft across multiple cities, reflecting continued institutional interest in India’s warehousing and logistics segment as a long-term yield-generating asset class.Read more
24 Apr 2026
The Municipal Corporation of Gurugram (MCG) has initiated a recovery drive against defaulters who have failed to clear fines imposed under the Graded Response Action Plan (GRAP), warning of property sealing and asset auctions. The action, announced in the past week, targets individuals and entities penalised for violating pollution control measures, particularly during periods of construction restrictions. Authorities have indicated that continued non-payment of challans will trigger enforcement measures, including sealing of properties and recovery through auction proceedings. The move forms part of a broader compliance push to strengthen enforcement of environmental regulations in Gurugram, where violations linked to construction and dust pollution have been a recurring concern.Read more
24 Apr 2026
The Andhra Pradesh government has introduced a 50 per cent reduction in vacant land tax (VLT) during the construction phase, aiming to accelerate building activity and ease cost pressures on developers and plot owners. The relief applies from the commencement of construction until the issuance of the occupancy certificate, subject to regulatory compliance. The policy follows amendments to municipal laws approved earlier this year and is expected to improve project viability, encourage timely completion, and enhance land utilisation across urban local bodies. Industry stakeholders have long flagged VLT during construction as a cost burden, and the move is expected to support housing supply, particularly in mid-income segments, while improving ease of doing business in the state’s real estate sector.Read more
24 Apr 2026
The Patna Metro depot near the New ISBT at Bairiya is approaching completion, marking a key milestone in the city’s urban transport infrastructure rollout. Spread across over 30 hectares, the facility will function as the primary operations and maintenance hub for the metro network. The depot will support train stabling, repair, testing and control functions for the priority corridor linking Patna Junction to ISBT. Its completion aligns with ongoing progress across the metro project, where sections are already operational and further expansion is underway. The development is expected to strengthen system readiness and improve execution timelines for future phases.Read more
24 Apr 2026
The Municipal Corporation of Delhi is working to secure environmental clearance for expanding the Tehkhand waste-to-energy plant to address rising waste generation. The plan aims to increase processing capacity from 2,000 to 3,000 tonnes per day and significantly boost power generation. The proposal is under review by the environment ministry’s expert panel, which has raised concerns around emissions and compliance. The expansion is part of a broader strategy to reduce landfill dependence and improve waste processing, alongside similar capacity enhancement underway at the Okhla facility.Read more
24 Apr 2026
The Ahmedabad Municipal Corporation intensified enforcement against environmental violations by penalising multiple construction sites across the city. Action was taken against projects in areas such as Gota, Bodakdev and Chandlodia for failing to comply with dust control norms, including the absence of green nets and improper material handling. Penalties ranged from INR 25,000 to INR 2 lakh, with some sites also facing additional action for encroachments and road dumping. The move forms part of a broader push to curb construction-related air pollution and enforce compliance under the city’s Good Construction Practices policy. The crackdown highlights increasing regulatory scrutiny amid rising construction activity and air quality concerns in Ahmedabad.Read more
24 Apr 2026
Nipha Group has introduced its new agricultural machinery brand OneHorn as part of a broader strategy to scale operations across domestic and international markets. The Kolkata-based company aims to expand into 20 Indian states and 10 countries, including the US and select European markets, by the end of FY27. The move reflects a push towards mechanisation in India’s agriculture sector, particularly in regions with fragmented landholdings. Backed by investments of around INR 60 crore in the segment, the company is targeting rapid growth, with agri equipment revenues expected to rise from INR 60 crore to INR 100 crore in the near term. The initiative also focuses on building a strong distribution network, with a planned base of 20,000 channel partners.Read more
23 Apr 2026
Mumbai International Airport Limited has imposed a penalty of INR 10 lakh on AI Airport Services Limited after a ground handling incident led to damage of a Gulf Air aircraft at Mumbai airport. The incident occurred earlier this month when a detached dolly struck a parked aircraft, resulting in it being declared Aircraft on Ground (AOG). The airport operator cited reputational damage, revenue loss and operational disruption as key impacts. MIAL has also indicated it may seek additional compensation for losses arising from the incident, which affected airport operations and capacity utilisation.Read more
23 Apr 2026
Nippon Express Holdings has signed an agreement to acquire Canada-based Metro Supply Chain Group in a deal valued at CAD 1.8 billion, marking the largest acquisition in the company’s history. The transaction includes a potential earnout of up to CAD 400 million, subject to performance targets. Metro operates across Canada, the United States and the United Kingdom, offering third-party logistics services across multiple sectors. The acquisition is aimed at strengthening Nippon Express’ presence in North America and expanding its end-to-end logistics capabilities. The deal aligns with the company’s long-term strategy to scale its global operations under its “Dynamic Growth 2.0” management plan.Read more
23 Apr 2026
FBG Holdings Bhd announced that its subsidiary has accepted a letter of award from MTD Construction for a specialist contractor role in the MIROS crash test facilities laboratory equipment project. The contract, valued at MYR 40.2 million, marks a significant addition to the company’s order book. The project involves supplying and managing specialised laboratory systems for crash testing infrastructure. This development reflects steady demand in infrastructure-linked technical projects and follows similar contract wins by regional construction-linked firms in recent quarters.Read more
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