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

85 national highway projects delayed over three years due to land and clearance issues, government informs Parliament

19 Mar 2026

A total of 85 under-construction national highway projects in India have been delayed by more than three years, primarily due to land acquisition challenges, statutory clearances, and implementation constraints, the government informed Parliament. The delays also stem from contractor performance issues, financial constraints, and external factors such as the Covid-19 pandemic. In response, the Ministry of Road Transport and Highways has initiated measures to streamline project execution, including digital land acquisition systems, faster environmental clearances, and online approvals for infrastructure designs. These developments highlight ongoing execution challenges in large-scale infrastructure projects, which have implications for logistics networks, industrial growth, and real estate development linked to highway connectivity corridors.Read more

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PM announces INR 18,680 crore infrastructure push to enhance connectivity in West Bengal

19 Mar 2026

Prime Minister Narendra Modi inaugurated and laid the foundation for infrastructure projects worth INR 18,680 crore in West Bengal earlier this week. The initiatives cover highways, railways, and ports to improve connectivity across the state and eastern India. Key projects include the Kharagpur Moregram economic corridor, bypasses, bridges, redeveloped railway stations, mechanised port facilities at Haldia and Khidderpore, and new express train services. These upgrades aim to reduce travel time, boost trade and tourism, and provide better facilities for residents, entrepreneurs, and students, while preparing the state for upcoming elections.Read more

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Dilip Buildcon secures INR 160 crore road project in Odisha

19 Mar 2026

Dilip Buildcon has emerged as the lowest bidder for a road project worth INR 160.20 crore in Odisha, awarded by Odisha Bridge & Construction Corporation. The project involves constructing a six-lane diversion road with service lanes in Sundargarh district under the EPC model. The execution timeline is 18 months. This contract adds to the company's order book of over INR 29,000 crore and follows recent project wins in power transmission and flood protection. The development reflects steady infrastructure activity in Odisha and continued order inflow for the company.Read more

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BMC to renegotiate Gargai dam contract to reduce rising project cost

Mumbai News Desk

19 Mar 2026

The Brihanmumbai Municipal Corporation (BMC) plans to renegotiate the Gargai dam contract after the project cost rose to around INR 5,396 crore, about 11% higher than the original estimate. The standing committee has asked officials to revise the proposal and reduce the financial burden before approval. The project, located in Palghar, is expected to add 440 MLD to Mumbai's water supply and is targeted for completion by 2029. Cost escalation due to land acquisition, rehabilitation, and environmental requirements remains a key concern.Read more

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Delhi plans structural reset of water network to improve supply and reduce losses

Delhi News Desk

19 Mar 2026

Delhi is preparing a detailed Water Master Plan to fix long-standing issues in its water supply system. The plan focuses on reducing leakages, contamination and uneven distribution by restructuring the network into smaller operational zones linked to treatment plants. It also considers private participation for better monitoring and faster response to issues. With rising population and demand, the plan aims to create a more reliable and efficient system. It builds on past infrastructure gaps and looks to address them through coordinated upgrades and long-term planning.Read more

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Haldia bulk terminal launched to improve cargo handling efficiency in eastern India

19 Mar 2026

Prime Minister Narendra Modi recently inaugurated the fully mechanised Haldia Bulk Terminal developed by Adani Ports and Special Economic Zone in West Bengal. The terminal, with a capacity of around 4 million tonnes per annum, is India's first fully automated dry bulk facility. It is expected to improve cargo handling speed, reduce turnaround time and support key industries such as steel, cement and power. The project strengthens logistics infrastructure at the Haldia Dock Complex and improves connectivity for eastern and northeastern regions.Read more

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VA Tech Wabag wins INR 1,000 crore Chennai water transmission project

Chennai News Desk

19 Mar 2026

VA Tech Wabag Ltd has secured a contract worth over INR 1,000 crore from Chennai Metropolitan Water Supply and Sewerage Board to strengthen water infrastructure in Chennai. The project includes development of a large transmission network, along with the revival and long-term operation of a 45 MLD tertiary treatment plant at Kodungaiyur. It aims to improve water distribution, support industrial demand, and expand reuse of treated wastewater. The project is part of the city's broader push to build a more reliable and sustainable water supply system.Read more

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Centre begins identifying new hydropower sites in Jammu and Kashmir

19 Mar 2026

The Centre has started identifying new locations in Jammu and Kashmir for hydropower projects to boost electricity generation and meet rising demand. Alongside this, it is reviewing proposals to divert water to northern states through canal and tunnel networks. Work has resumed on previously stalled projects, while desilting efforts are being carried out to improve reservoir efficiency. The move is part of a broader strategy to expand renewable energy capacity, supported by thermal and nuclear power to ensure stable supply and long-term energy security.Read more

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BMC to prepare local area plans around Metro 3 stations for better urban planning

Mumbai News Desk

19 Mar 2026

The Brihanmumbai Municipal Corporation has proposed preparing Local Area Plans (LAPs) for neighbourhoods around all 27 stations of Mumbai Metro Line 3 to improve land use, traffic management, and infrastructure planning. The first phase will cover four stations at a cost of about INR 1.37 crore. The study will include surveys, satellite mapping, and infrastructure assessments. The plans aim to guide development, improve last-mile connectivity, and ensure better integration of transport and urban growth. The full exercise is expected to be completed by 2028.Read more

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Titagarh Rail Systems expands shipbuilding with INR 550 crore investment supported by government subsidy

19 Mar 2026

Titagarh Rail Systems Ltd's subsidiary, Titagarh Naval Systems Ltd, is set to expand its shipyard in West Bengal with an investment of INR 550 crore, partly funded by a 25 % capital subsidy under the government's Shipbuilding Development Scheme. The expansion includes a new dry dock and slipway to construct Medium Range tankers. Since entering shipbuilding in 2016, the company has delivered over 35 vessels to clients including the Indian Navy and NIOT. The subsidiary's upgraded capacity will support 15-18 vessels annually, strengthening India's domestic shipbuilding industry and leveraging strategic partnerships for growth.Read more

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Cargo Matters to invest INR 66 crore in smart EV charging network across South India

19 Mar 2026

Cargo Matters has announced a major investment of INR 66 crore to establish over 550 smart, solar-integrated EV charging stations across Andhra Pradesh, Telangana, Karnataka, Tamil Nadu, and Kerala. Partnering with TRYK Charge Services LLP, the network will feature 360 kW DC fast chargers and standard AC options, aiming to address infrastructure gaps in commercial logistics and passenger transport. The stations will be managed via a unified Charge Point Operator platform, integrating existing third-party chargers and introducing an RFID-based charging card to simplify access, enhancing both operational efficiency and user experience.Read more

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GLADA issues notices to 43 Ludhiana property owners for unauthorised construction

Ludhiana News Desk

18 Mar 2026

The Greater Ludhiana Area Development Authority (GLADA) has intensified its efforts against unauthorised construction in the Shaheed Sukhdev Singh Nagar colony and nearby residential areas. Notices have been issued to 43 property owners for converting residential plots into commercial structures like shops and medical facilities without proper approvals. The authority has begun cancelling sanctioned building plans and is considering stricter actions, including property sealing and demolition. Residents and buyers are urged to verify approvals on the official website before purchasing property to avoid violations and legal issues.Read more

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Schneider Electric partners with Tata Power to digitise Western Odisha's power distribution

18 Mar 2026

Schneider Electric and Tata Power Western Odisha Distribution Limited are collaborating to digitise and modernise power infrastructure in Western Odisha. Seventy-five substations have been upgraded, serving more than 2.1 million customers across nine districts. The project improves grid efficiency, supports renewable energy integration, and reduces technical losses, contributing to a lower carbon footprint. TPWODL, a joint venture between Tata Power and the Odisha government, continues to provide safe and reliable electricity, demonstrating how digitalisation is enhancing sustainable energy systems in the region.Read more

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WeWork India signs lease for new workspace capacity in Bengaluru

18 Mar 2026

WeWork India Management Ltd has taken a step to expand its presence in Bengaluru by entering into a new lease agreement for additional workspace capacity. The company plans to add around 2,327 desks under this development, with an estimated investment of about INR 320 million. This move reflects steady demand for flexible office spaces in key commercial markets, especially in Bengaluru, which remains one of India's largest office hubs. The expansion also aligns with the company's ongoing strategy to strengthen its footprint in high-demand micro-markets.Read more

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HD Hyundai plans USD 4 billion shipyard project in Tamil Nadu

18 Mar 2026

HD Hyundai is moving ahead with a large greenfield shipyard project in Tamil Nadu with an estimated investment of around USD 4 billion, doubling its earlier plan. The facility is expected to come up in the Thoothukudi region and will focus on building commercial and cargo vessels. The project is part of the company's long-term strategy to expand in India and aligns with the country's push to strengthen its shipbuilding industry. It also reflects increasing global interest in India as a manufacturing and maritime hub.Read more

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Solstice Data to invest INR 52,600 crore in Kerala data centre project

18 Mar 2026

Solstice Data has committed an investment of INR 52,600 crore to develop a large data centre project in Kerala, marking a major boost to the state's digital infrastructure sector. The project will come up at KINFRA Industrial Park in Kannur across nearly 100 acres and will be executed in multiple phases over the next few years. Focused on artificial intelligence and high-performance computing, the development is expected to create jobs and support Kerala's plans to attract global technology investments and strengthen its position in the data centre ecosystem.Read more

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Union Bank of India plans INR 20,000 crore bond issue to fund infrastructure and housing projects

18 Mar 2026

Union Bank of India has received board approval to raise INR 20,000 crore through the issuance of long-term infrastructure bonds. The fund-raising initiative aims to support infrastructure development and affordable housing projects. Of this, the bank may target INR 7,500 crore through bonds with a 10-year tenor before the end of the current financial year. Additionally, the board approved the launch of green or sustainable bonds up to INR 5,000 crore. This move reflects the bank's focus on sustainable growth and development funding in key sectors.Read more

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Gadkari calls for greater use of municipal waste in road construction to conserve natural resources

18 Mar 2026

Nitin Gadkari has advocated increased utilisation of municipal and legacy waste in road construction to reduce dependence on natural resources. Speaking at an event in New Delhi, he indicated that the government has already processed around 80 lakh tonnes of waste, including material from landfill sites such as Ghazipur landfill. The processed waste has been deployed in infrastructure projects including the Delhi-Mumbai Expressway and Delhi-Dehradun Expressway. The initiative is positioned as a step towards sustainable construction practices while addressing urban waste management challenges.Read more

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Tripura presents tax-free deficit budget focusing on infrastructure, digital growth, and rural employment

18 Mar 2026

Tripura's Finance Minister, Pranajit Singha Roy, presented a tax-free budget of INR 34,212.31 crore for FY 2026-27, marking a 5.52% increase over last year. The budget anticipates a deficit of INR 240.72 crore while prioritising capital expenditure, projected at INR 8,945.92 crore, to boost infrastructure and employment. Key initiatives include digital transformation, rural development, and the establishment of a technical university, medical university, and women's university. Around INR 15,000 crore has been earmarked for tribal welfare, reflecting an inclusive approach despite resource constraints.Read more

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MHADA to accelerate redevelopment of ageing housing layouts in Mumbai, Pune and Nashik

18 Mar 2026

The Maharashtra Housing and Area Development Authority (MHADA) is planning to push redevelopment of several ageing housing layouts across Mumbai, Pune and Nashik to improve housing conditions and create additional supply in established urban areas. Many of these layouts are over four decades old and require redevelopment to upgrade infrastructure and living standards. At the same time, MHADA is working on a rental housing policy aimed at improving access to accommodation in cities. Strong response to housing lotteries and higher redevelopment premiums have improved the authority's financial position, enabling it to expand redevelopment and housing initiatives across Maharashtra.Read more

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