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 : Infrastructure

Rooftop solar installations reach 23.96 lakh households under PM Surya Ghar scheme as national applications cross 53 lakh

10 Dec 2025

The government informed Parliament that rooftop solar systems have been installed in 23.96 lakh households under the PM Surya Ghar: Muft Bijli Yojana, amounting to nearly 24% of the one-crore target set for FY2026-27. More than 53 lakh applications have been submitted so far, with over 7,075 MW of capacity installed across the residential sector nationwide.Read more

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BMC fines GMLR flyover contractor INR 2.09 crore after nearly one-year delay

10 Dec 2025

The BMC has fined contractor S P Singla INR 2.09 crore for delaying Phase 3 of the GMLR flyover. Completion at Goregaon is now expected in May 2026, while only one arm of the Mulund side is scheduled to open by May 31, 2026, with the rest following later. Delays are mainly due to utility relocations and encroachments. Work continues with most pillars erected on the Goregaon side. Local representatives have highlighted safety concerns, inadequate housekeeping, and construction debris, urging better monitoring and stricter accountability.Read more

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Mysuru-Kushalnagar Highway progresses as Package 2 secures forest approval

10 Dec 2025

The Forest Department has cleared Package 2 of the Mysuru-Kushalnagar National Highway project, allowing work to begin on the 22.7-km stretch between Guddehosur and the Hassan-Periyapatna Road Junction. This segment is part of the 92.3-km highway that aims to reduce travel time between Mysuru and Kushalnagar to under 1.5 hours. Over 85% of the required land is already available, including compensation for 8.3 km of forest land. While Package 1 remains on hold due to environmental concerns, the updated project timeline indicates expected completion by June 2027.Read more

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India needs stronger arbitration systems to support fast-growing infrastructure

10 Dec 2025

India's infrastructure sector, spanning power, roads, metro systems, ports, and dams, is facing increasing disputes. A Supreme Court judge stressed that resolving disputes only at the end delays projects, and stage-wise resolution through institutional arbitration is more effective. He highlighted the need for better contract drafting, technical expertise, and structured case management. The Attorney General called for dedicated construction-sector legislation. A white paper launched at the conference recommends adopting global best practices and technology-driven systems to enhance clarity, predictability, and efficiency in dispute resolution.Read more

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Digital 7/12 and property cards now legally accepted across Maharashtra

09 Dec 2025

Maharashtra has given legal validity to digitally signed land records, including 7/12 extracts, 8-A extracts and property cards. Citizens can now download certified copies from the Mahabhumi portal for INR 15, and these copies will carry a digital signature, QR code and a unique 16-digit verification number. All government departments, courts, banks and registration offices have been instructed to accept these digital records for official work. The move replaces the need for physical signatures, reduces paperwork and helps curb tampering and delays in land-related processes.Read more

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Bhopal Metro launch triggers extensive anti-encroachment drive by BMC

09 Dec 2025

Ahead of the Bhopal Metro launch, the BMC conducted a large-scale anti-encroachment drive, targeting illegal shops, street stalls, and obstructive structures across multiple localities. Items seized included carts, stools, tables, signboards, lights, and iron frames. The drive focused on areas along the metro route, including the AIIMS approach road, Ashoka Garden, Jawahar Chowk, Bhadbhada Road, and Hamidia Road, aiming to improve pedestrian movement and traffic flow. This operation is part of a series of enforcement actions by BMC over the past year to maintain clear public spaces and support metro development.Read more

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Ashoka Buildcon receives additional INR 447.21 crore work for BMC's Sion-Panvel flyover project

09 Dec 2025

Ashoka Buildcon has secured an additional INR 447.21 crore work under its ongoing BMC flyover project on the Sion-Panvel Highway. The extension covers construction of Flyover Arms 1 and 2 at the T-junction near Maharashtra Nagar in Mumbai's M/E Ward, increasing the total project value to INR 1,573.79 crore. The timeline for the entire project has now been extended to 13 January 2028. The order, awarded on a percentage-rate basis, remains a domestic contract and does not fall under related-party transactions. The company had originally won the project as the lowest bidder.Read more

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Maharashtra clears scheme to build all-weather motorable farm-to-field roads statewide

09 Dec 2025

The Maharashtra government has cleared the Mukhya Mantri Baliraja Shet-Panand Raste Yojana to develop all-weather, motorable farm-to-field roads across rural districts. The programme shifts fully to mechanised construction to avoid delays seen earlier under manual work through MGNREGA. It also includes waivers on survey fees, measurement charges, police bandobast, and royalty on soil, sand, murum and stones. Roads will be built through cluster-based tendering, paired with mandatory tree plantation. A high-level committee will oversee the implementation across districts to improve year-round connectivity for farmers.Read more

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Odisha approves over INR 3,700 crore development push for Keonjhar district

09 Dec 2025

Odisha's Chief Minister Shri Mohan Charan Majhi announced development projects worth more than INR 3,700 crore for Keonjhar district during a recent visit. The plan covers road upgradation, civic infrastructure, industrial facilities, and redevelopment of the Maa Tarini temple complex. Key projects include a four-lane ring road around Barbil, a bypass for Keonjhar town, a tech park, a data centre, a textile park, and upgrades to the Raisuan airstrip and Keonjhar stadium. The state also confirmed that funds of about INR 35,000 crore are available for wider district development.Read more

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Reliance Infrastructure to build India's advanced integrated solar and battery ecosystem

09 Dec 2025

Reliance Group is making significant strides in India's renewable energy sector through Reliance Infrastructure and Reliance Power. The group is building an advanced, fully integrated solar manufacturing facility covering ingots, wafers, cells, and modules, designed to meet the projected 55-60 GW annual solar module demand by 2030. Alongside, it is establishing a complete battery manufacturing ecosystem to boost storage capacity from less than 1 GWh today to 250 GWh by 2032. Reliance NU Energies is also facilitating the shift to hybrid and round-the-clock renewable energy.Read more

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Mumbai Metro adopts AI-based wheel monitoring system to boost safety and uptime

09 Dec 2025

Mumbai Metro has deployed an AI-based wheel profile measurement system developed by IntelliRail on Metro lines 2A and 7 to detect wheel wear or damage. Installed at the Charkop depot, the system uses sensors, lasers, and cameras to capture precise measurements, reducing the need for manual inspections. It can alert maintenance teams automatically if wheels exceed preset limits, enabling proactive repairs. This step aligns with broader modernization efforts by MMMOCL and the shift toward condition-based maintenance, aiming to extend wheel life, reduce track stress, and improve metro safety.Read more

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Adani Green adopts TNFD framework to boost nature-positive renewable growth

09 Dec 2025

Adani Green Energy Ltd has integrated the TNFD framework into its sustainability strategy, emphasizing a shift toward nature-positive renewable energy development. The move allows the company to assess and manage biodiversity-related risks while supporting India's climate leadership. AGEL, with a 16.5 GW operating portfolio the largest in India aims for 50 GW by 2030 and is developing a 30 GW plant in Gujarat. It has pledged No Net Loss of Biodiversity by 2030, planning to plant 27.86 million trees, and maintains certifications for water positivity, zero waste-to-landfill, and being single-use plastic-free.Read more

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Mumbai Metro Lines 2A and 7 face technical glitch, causing commuter delays

09 Dec 2025

Mumbai Metro Lines 2A and 7 experienced a technical glitch, resulting in service delays and passenger inconvenience across western suburbs. Some trains were stalled at stations, while others ran at slower speeds, impacting peak-hour travel. The operator, MMMOCL, confirmed the technical issue and worked to restore services quickly. Normally, these lines operate hundreds of services daily with short intervals during peak hours. The disruption highlighted the importance of consistent maintenance and monitoring to ensure smooth metro operations and reduce commuter stress.Read more

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Hazoor Multi Projects wins two NHAI contracts for highway fee collection and maintenance

08 Dec 2025

Hazoor Multi Projects Ltd (HMPL) secured two new contracts from the National Highways Authority of India through an e-tender process this past week. The combined value of these projects stands at INR 277.40 crore. The work involves managing user fee collection at highway fee plazas in Tamil Nadu and Maharashtra, along with the upkeep and maintenance of nearby blocks. HMPL, which operates across infrastructure and renewable energy, has been expanding its portfolio over the past few years by taking up EPC-based road projects. The latest contracts further strengthen its presence in the highway operations segment.Read more

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Haryana pushes large-scale rooftop solar expansion across public buildings

08 Dec 2025

Haryana has strengthened its clean energy plans with new directions from Chief Minister Shri Nayab Singh Saini, who instructed officials to equip all government buildings with rooftop solar systems. He reviewed progress under the PM Suryaghar: Muft Bijli Yojana and pressed departments to speed up installations. The state has completed 42,486 rooftop solar systems so far and is targeting 2,22,000 installations by March 2027. Authorities have also proposed a new scheme, the Saur Urja Protsahan Yojana, to encourage wider adoption. Haryana is also preparing for major thermal and renewable capacity additions to secure long-term power availability.Read more

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Navi Mumbai intensifies dust-control drive, cleans 50 km of roads to improve winter AQI

08 Dec 2025

The Navi Mumbai Municipal Corporation has launched a special dust-control and road-cleaning drive to address rising winter pollution. Acting on Commissioner Dr. Kailas Shinde's instructions, ward-level engineering and sanitation teams began intensive cleaning on 25 November. The operation includes mechanical brushing, debris removal, road-washing with processed water and footpath cleaning. Over 50 tonnes of dust and debris have already been cleared from 52 major roads covering more than 50 km. Key corridors such as Palm Beach Road, Thane-Belapur Road and the Turbhe APMC stretch have received priority cleaning. With jetting machines, sweepers, foggers and 250 workers deployed daily, the campaign also enforces pollution norms at construction, quarry and RMC sites, contributing to improved AQI levels.Read more

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India's road deaths rise to 1.77 lakh in 2024, highlighting urgent safety gaps

08 Dec 2025

India recorded more than 1.77 lakh road accident deaths in 2024, reflecting a 2.3% increase from the previous year, according to information shared with Parliament. The data showed that an average of 485 people lost their lives every day. The government highlighted global targets under the Stockholm Declaration, which aims to reduce road deaths and injuries by 50% by 2030. Police records from 2023 had already indicated a high accident burden, with over 4.80 lakh accidents, 1.72 lakh deaths, and nearly 4.63 lakh injuries. India's fatality rate also remained higher than China but lower than the United States.Read more

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Tata Power-DDL marks IDPWD with assistive device distribution for persons with disabilities

08 Dec 2025

Tata Power Delhi Distribution Limited (Tata Power-DDL) marked the International Day for Persons with Disabilities by hosting an Aids & Appliances Distribution Ceremony on 2 December 2025 at its Hudson Lane headquarters. Organised with Viklang Sahara Samiti Delhi, the event supported the IDPWD theme of fostering disability-inclusive societies by providing motorised and manual tricycles, walkers, crutches, hearing aids, white canes and wheelchairs. These aids aim to enhance mobility, independence and daily comfort for beneficiaries. Senior leadership, including CEO Dwijadas Basak, attended the ceremony. Basak noted that true inclusion begins with empowering individuals through tools that support equal participation in society.Read more

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BEML enters strategic tie-ups to strengthen India's maritime manufacturing ecosystem

08 Dec 2025

BEML Ltd has announced two key agreements aimed at improving financial access and technological capabilities in India's maritime manufacturing sector. The first pact, signed with Sagarmala Finance Corporation Limited (SMFCL), focuses on enabling dedicated funding support for domestic maritime production, in line with the Centre's push for greater self-reliance. In another agreement, BEML partnered with HD Korea Shipbuilding & Offshore Engineering and HD Hyundai Samho Heavy Industries to jointly design, develop, and manufacture next-generation conventional and autonomous port cranes. The collaboration also covers after-sales services, spare parts, and training support.Read more

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Patna starts four-lane road over covered drain to boost connectivity and cut congestion

08 Dec 2025

Work has begun on a 4.26 km, four-lane road over the Rajiv Nagar-Kurji drain in Patna, aimed at easing traffic for over 2 lakh residents. The project includes converting the open drain into a covered box drain and constructing a wide road with footpaths, street lighting, and drainage infrastructure. Contracted at INR 149.5?crore, it will connect key localities including Rajiv Nagar, Mahesh Nagar, Indrapuri, and Patel Nagar, addressing congestion, waterlogging, and sanitation challenges. Completion is expected within two years.Read more

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