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

Concord subsidiary secures INR 19.17 crore order for wireless locomotive control system

23 Nov 2025

A wholly-owned subsidiary of Concord Control Systems Limited, Advanced Rail Controls Private Limited, has received an INR 19.17 crore contract from Indian Railways to supply, install and commission a wireless control system for locomotives. The order will be completed in seven months and does not involve any related-party transactions. Concord has been expanding its presence in railway technology, supported by earlier orders for its Kavach 4.0 safety system and a higher stake in Progota India to strengthen research and development. The company has also reported stronger financial performance in FY25.Read more

cover photo

Greenfield NH-130CD work triggers large-scale tree felling in Odisha districts

23 Nov 2025

The construction of a six-lane greenfield highway under Bharatmala Pariyojana has led to the felling of nearly 47,000 trees in Odisha's Nabarangpur district. The corridor, part of NH-130CD linking Raipur and Visakhapatnam, cuts through 116 km of Nabarangpur and 124 km of Koraput. Many of the removed trees were decades old, raising ecological concerns. Authorities say compensatory afforestation is underway, with over two lakh saplings already planted, though Odisha's past plantation track record has drawn criticism. The district also saw major land acquisition for the project, valued at around INR 3,159 crore. Rising tree loss across Odisha underscores pressure on long-term restoration efforts.Read more

cover photo

DDA launches major restoration to revive 43-acre Yamuna flood-plain wetland

22 Nov 2025

The Delhi Development Authority has started an INR 1.9 crore restoration project at the 43-acre Yamuna Vanasthali wetland as part of the Yamuna Riverfront Development plan. The project covers vegetation removal, soil preparation, flooding cycles and plantation of 1,000 native trees and around 50,000 river-grass tufts to strengthen the wetland ecosystem. A contractor has been assigned the work for six months, followed by maintenance for up to three years. This activity builds on earlier land-reclamation measures undertaken by DDA to improve degraded flood-plain stretches.Read more

cover photo

Panaji Smart City to begin INR 97 lakh study on core infrastructure and heritage zone

22 Nov 2025

Imagine Panaji Smart City Development Ltd (IPSCDL) is preparing to hire a consultant for an INR 97 lakh study that will examine the city's central business district and key heritage areas. The assessment will cover roads, drains, water systems, structural conditions, heritage buildings, and traffic patterns. It will also include drone mapping, 3D modelling, engineering designs, and cost estimates for future works. The study is funded under the Special Assistance to States for Capital Investment (2025-26) scheme and is expected to guide upcoming revitalisation efforts in Panaji's core zone.Read more

cover photo

Maharashtra plans INR 14,260-crore upgrade to widen Mumbai-Pune Expressway to 10 lanes

22 Nov 2025

The Maharashtra State Road Development Corporation (MSRDC) has prepared a proposal to widen the 95-km Mumbai-Pune Expressway by adding four more lanes to the existing six-lane corridor. The plan, estimated at INR 14,260 crore, aims to address growing congestion, especially on the stretch between the Adoshi tunnel and the Khandala exit. The proposal will be sent to the state government for approval, and officials expect the expansion to be completed by 2030 if the process moves without delay. Traffic is likely to rise further once the upcoming 13.3-km missing link opens in 2026.Read more

cover photo

IFLA-APR 2025 highlights need to balance development with ecological resilience

22 Nov 2025

The IFLA-APR Regional Congress 2025 in Mumbai brought together landscape architects, urban planners, policymakers, students, and industry professionals to address sustainable and inclusive urban growth. With the theme 'Growth Paradox - Reimagining Landscapes,' the event highlighted the intersection of cultural heritage, ecological responsibility, and urban development. Supported by prominent organizations and a diverse exhibitor ecosystem, the congress featured discussions, exhibitions, and student-led projects, emphasizing collaboration, innovation, and a holistic approach to urban planning. It reinforced the importance of balancing economic growth with environmental and social well-being.Read more

cover photo

Texmaco Rail wins INR 15.06 crore DMRC contract for ballastless track installation

22 Nov 2025

Texmaco Rail & Engineering has received a contract worth INR 15.06 crore from the Delhi Metro Rail Corporation to install, test, and commission ballastless track systems and buffer stops across 5.8 track-km on three metro locations. The work is planned to begin on December 1 and is expected to finish within a year. The company noted that the order supports its focus on Make in India and Aatmanirbhar Bharat. Texmaco is also carrying out a larger 58-track-km metro project, where a significant portion of work has already been delivered.Read more

cover photo

BMC floats INR 9.64 crore tender to finish missing Worli coastal promenade stretch

22 Nov 2025

The Brihanmumbai Municipal Corporation (BMC) has issued a tender of about INR 9.64 crore to construct the 325-metre promenade stretch between Lotus Jetty and Baroda Palace. This portion could not be built earlier due to pending CRZ permission, which was granted around five months ago. The project includes an 8-metre-wide walkway, a 2-metre cycle track, landscape elements, tetrapod installation, and access for police and fire services. Once work begins, the construction is expected to take around six months, though administrative delays remain possible.Read more

cover photo

Thiruvananthapuram Airport redevelopment gathers pace with INR 600 crore works

21 Nov 2025

The first phase of Thiruvananthapuram International Airport's redevelopment under Project Anantha is moving forward on schedule, backed by about INR 600 crore. The work focuses on airside upgrades such as drainage improvements, apron redevelopment, and new support buildings. Terminal 1 has already received its canopy and additional parking space. A separate INR 136.31 crore plan for a city-side commercial and hospitality hub is close to securing environmental clearance. Meanwhile, the expansion plan for Terminal 2 is being revised after regulatory delays and is currently under review.Read more

cover photo

Over 4,000 innovators on Railways' portal as zones list issues for fresh ideas

21 Nov 2025

Indian Railways has asked all its zones to upload operational problems on the Innovation Portal so that startups, MSMEs, R&D institutes and individual innovators can work on practical solutions. The platform, created under the Startups for Railways programme launched in 2022, already has more than 4,043 registered participants. Several ideas submitted earlier such as smart track inspection systems, solar-powered coach rooftops, fire detection tools, broken-rail monitoring and safer shunting solutions have shown early progress. The new push aims to bring more clarity to problem statements and encourage wider participation across zones.Read more

cover photo

Odisha set to get Rameshwar-Paradip Coastal Highway with INR 8,300 crore approval

21 Nov 2025

The Union Finance Ministry has approved INR 8,300 crore for Odisha's Rameshwar-Paradip coastal highway, with significant progress already made in land acquisition. The highway, stretching 346 km from Digha in West Bengal to Rameshwar in Khorda, will have a four-lane section up to Konark and two lanes beyond. Delays occurred due to previous alignment changes, while political concerns have been raised over lane reductions. Once Cabinet clearance is received, NHAI will issue construction tenders. The project is expected to boost regional connectivity and infrastructure development.Read more

cover photo

GE Aerospace announces fresh investment to expand capacity at its Pune facility

21 Nov 2025

GE Aerospace has announced a new USD 14 million investment to increase capacity at its 10-year-old manufacturing facility in Pune. The fresh funding adds to the USD 30 million committed last year, taking the total investment for the site to USD 44 million within a short period. The company will focus on upgrading manufacturing processes, increasing automation, and strengthening capabilities for advanced engine components. The Pune unit supports engines such as GE90, GEnx, GE9X and LEAP, and is backed by more than 300 suppliers locally and over 2,200 across India. The facility has also built a strong talent base over the past decade.Read more

cover photo

SW Infrastructure to build USD 419 million deep-water mineral port in Oman

21 Nov 2025

JSW Infrastructure has partnered with Minerals Development Oman (MDO) to develop a new 27 million tonne per annum greenfield port in Oman with an investment of USD 419 million (about INR 3,730 crore). The project will be executed through a new special purpose vehicle where JSW Overseas FZE will hold 51% and MDO will hold 49%. The port will be developed in the Dhofar Governorate and is planned to begin commercial operations in the first half of 2029. It is intended to support bulk exports of limestone, gypsum and dolomite from MDO's mineral concessions.Read more

cover photo

Tata Projects partners with ASI Global to build aircraft MRO and hangar facilities

21 Nov 2025

Tata Projects Ltd has entered into a memorandum of understanding with Aircraft Support Industries (ASI Global) to jointly design and build aircraft maintenance-repair-overhaul and hangar facilities across India. The partnership brings together Tata Projects' EPC expertise and ASI Global's structural design and modular construction capabilities to offer turnkey aviation infrastructure solutions. The companies expect this collaboration to support India's growing aviation needs by delivering safe, efficient, and faster-to-deploy facilities. The move comes at a time when the country's expanding airline fleet is creating steady demand for modern MRO infrastructure.Read more

cover photo

Kolkata Metro Purple Line gains momentum after RVNL-Nepal consulate land swap

21 Nov 2025

A key obstacle for Kolkata Metro's Purple Line has been resolved after Rail Vikas Nigam Limited (RVNL) and the Consulate General of Nepal signed a land-swap MoU. Around 410?sq m of consulate land will be exchanged for 526 sq m of Metro Railway land, enabling construction of a 450 metre ramp between Mominpur and Kidderpore. The agreement follows multiple discussions over three years involving both countries' ministries, Metro Railway, and RVNL. This deal allows vital underground works to progress smoothly while resolving legal and logistical issues linked to the consulate's previous property.Read more

cover photo

Solaria signs 15-year PPA to power Merlin's data centres with 445 MWp of solar energy

21 Nov 2025

Solaria Energia y Medio Ambiente has signed a 15-year PPA with Merlin Properties to supply 445 MWp of solar power to Merlin's expanding data-centre portfolio in Spain. The deal supports Merlin's low-carbon energy goals while strengthening Solaria's position in the data-centre market. Solaria's extensive infrastructure-spanning solar plants, substations and distribution lines-allows it to offer fast grid access, a key advantage for energy-intensive data-centre operations. Recent grid-connection approvals have pushed Solaria's committed data-centre demand to over 1 GW. Merlin operates facilities in Spain and Portugal, and the agreement ensures long-term clean energy. The partnership aligns with Solaria's plan to scale its renewables pipeline to 14.3 GW by 2028, including wind and battery storage.Read more

cover photo

Railways to introduce premium food chains at stations through new catering category

21 Nov 2025

Indian Railways has added a new category under its 2017 catering policy to allow premium single-brand food outlets such as McDonald's, KFC, Pizza Hut, Baskin-Robbins, Haldiram's, and Bikanerwala at railway stations. The decision aims to improve food options and strengthen non-fare revenue, which has remained around 3 percent of total income. Licences will be allotted through e-auctions for five years, with financial terms aligned with the current policy. The move comes as more than 1,200 stations are undergoing redevelopment, creating space for modern commercial facilities.Read more

cover photo

Servotech wins INR 74 crore rooftop solar project under PM Surya Ghar scheme

21 Nov 2025

Servotech Renewable Power System has been awarded a rooftop solar project worth INR 74 crore under the PM Surya Ghar: Muft Bijli Yojana by NREDCAP. The project involves designing, supplying, installing, and maintaining rooftop solar systems for 5,886 SC and ST households through a utility-led aggregation model, including five years of O&M. The scheme is the world's largest domestic rooftop solar initiative and aims to provide solar power to one crore households by March 2027, marking a significant step in promoting inclusive clean energy across India.Read more

cover photo

HICL and Renewables Infrastructure to form UK's largest listed infrastructure firm

20 Nov 2025

HICL Infrastructure and The Renewables Infrastructure Group are merging to form the UK's largest listed infrastructure company, valued at about 3.98 billion pounds (USD 5.2 billion). The merger combines HICL's broad infrastructure holdings with TRIG's 2.3-gigawatt renewable assets, creating a company with net assets exceeding 5.3 billion pounds. The deal includes a 350 million pound liquidity package, partial cash options, and share allocations of 56% to HICL and 44% to TRIG shareholders. Analysts view the merger positively, citing potential for higher returns, with completion expected in early 2026.Read more

cover photo

Delhi Metro to offer branding at 141 stations with 10-year licence terms

20 Nov 2025

The Delhi Metro Rail Corporation (DMRC) is extending its co-branding programme to 141 stations across multiple metro lines, aiming to increase brand visibility and engagement with commuters. Companies winning the licence will need to submit detailed advertising plans, covering design, materials, and safety standards. The licences will run for 10 years with a minimum two-year lock-in and an optional five-year extension. Licensees will bear all maintenance, property charges, and applicable taxes. Currently, over 60 stations are co-branded, leaving around 150 still available for partnerships, including the upcoming Phase-IV corridors.Read more

cover photo