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

REC and Sagarmala Finance Corporation join hands to boost maritime infrastructure growth

01 Nov 2025

State-run REC Ltd has entered into an initial partnership with Sagarmala Finance Corporation Ltd (SMFCL) to jointly explore financing opportunities within India's maritime and allied infrastructure sectors. The collaboration, formalised through a Memorandum of Understanding (MoU) signed earlier this week, aims to strengthen financial cooperation to accelerate port-led development and support the country's blue economy ambitions. Senior officials from both organisations attended the signing ceremony, underscoring their commitment to advancing critical maritime infrastructure.Read more

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NGT tells Mizoram government to submit fresh data on waste and sewage management

01 Nov 2025

The National Green Tribunal (NGT) directed the Mizoram government to lodge a new, detailed report on solid and liquid waste management after finding serious deficiencies in an earlier submission. The previous report did not carry certification by a senior state official, and lacked timelines, fund allocations, executing-agency details and clear data on door-to-door segregated collection. It found that Mizoram generates about 398.15 tonnes of solid waste per day, of which 67.65 tonnes remain unprocessed, and produces 51.81 million litres per day of sewage while treatment capacity is much lower. The NGT asked for a revised Action Taken Report (ATR) that covers generation, collection, processing gaps, fund allocation and timelines, with a filing due ahead of the next hearing.Read more

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Poland's Naftoport plans new jetty to boost seaborne supply to Germany

01 Nov 2025

Poland's oil-terminal operator Naftoport, majority-owned by state pipeline firm PERN, plans to build a new jetty at its Gdansk terminal beginning this year. When it comes online in the latter half of 2028, the facility's annual capacity will rise to about 49 million metric tons. The expansion aims to relieve pressure on existing infrastructure, as the terminal has been near full capacity since 2023, and will enable Germany's refineries such as PCK Schwedt and Leuna to shift fully to seaborne crude. Throughput this year is projected to exceed 39 million metric tons and remain steady into 2026.Read more

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Ramco Systems and ePlane partner to accelerate India's electric air-taxi ecosystem

01 Nov 2025

Ramco Systems has entered a memorandum of understanding with The ePlane Company to provide its aviation software for managing ePlane's electric air taxi, air ambulance, and air cargo fleets. The partnership aims to support the development and certification of ePlane's e200X aircraft, India's first flying electric taxi. ePlane, incubated at IIT Madras, has received DGCA's Design Organisation Approval and holds patents in eight countries. The agreement will help streamline maintenance, supply chain, safety, compliance, and operational management as ePlane moves towards commercial rollout.Read more

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Uttarakhand CM reviews INR 500 crore Banbasa Land Port to boost India-Nepal trade

01 Nov 2025

Uttarakhand Chief Minister Pushkar Singh Dhami reviewed the Banbasa modern land port project, calling it a key initiative to strengthen India-Nepal trade and regional development. The project, led by the Land Ports Authority of India (LPAI), has received over INR 500 crore for its first phase, with all environmental and land clearances completed. Construction began after approval for diverting 84 acres of forest land. The land port will integrate customs, security, and trade agencies in one complex, improving efficiency and transparency. Strategically located to boost formal trade and local employment, the project marks a major step toward enhanced connectivity, infrastructure, and cross-border cooperation in Uttarakhand.Read more

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NOVA and Tata Elxsi collaborate to co-develop Kavach 4.0 for safer Indian railways

01 Nov 2025

NOVA Control Tecnologix (NOVA), a deep-tech subsidiary of e2E Transportation Infrastructure Limited, has announced its launch as India's full-stack rail Original Equipment Manufacturer (OEM) along with a strategic partnership with Tata Elxsi to co-develop Kavach 4.0, the next-generation indigenous automatic train protection (ATP) system. Under the partnership, NOVA will manage manufacturing, testing and integration, while Tata Elxsi will lead hardware and software design, prototyping, RDSO/SIL4 safety certification and cybersecurity. The initiative aims to strengthen India's self-reliance in railway safety and accelerate nationwide adoption of Kavach 4.0.Read more

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NMMC removes 8,000+ illegal hawkers, 1,000 hoardings in citywide drive

31 Oct 2025

The Navi Mumbai Municipal Corporation (NMMC) has intensified its anti-encroachment drive across all eight regional offices following complaints of increased unauthorised hawking and traffic disruptions during the festive season. Acting under the directives of Municipal Commissioner Dr Kailas Shinde, the campaign was carried out under the supervision of Additional Commissioner (2) Dr Rahul Gethe and Deputy Commissioner (Encroachment) Dr Kailas Gaikwad. The operation targeted illegal hawkers, unauthorised vehicles, and hoardings, resulting in penalties amounting to INR 7.45 lakh being collected over the past week.Read more

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Gujarat Pipavav Port partners with Gujarat Maritime Board for major infrastructure expansion initiative

31 Oct 2025

Gujarat Pipavav Port Ltd (GPPL) recently announced that it had entered into a non-binding memorandum of understanding with the Gujarat Maritime Board (GMB) to explore an investment of around INR 17,000 crore aimed at expanding and modernising port infrastructure. The proposed investment is subject to the extension of the existing concession agreement, which is currently due to expire in September 2028. The initiative seeks to enhance capacity for container, liquid cargo, and roll-on/roll-off operations, while also upgrading storage, rail connectivity, and multimodal logistics infrastructure linking the port with northern and western India.Read more

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Kolkata Port secures INR 48,000 crore investments at India Maritime Week 2025

31 Oct 2025

The Syama Prasad Mookerjee Port (SMP) in Kolkata has secured more than INR 48,000 crore in strategic investment commitments through multiple partnerships signed during India Maritime Week 2025 in Mumbai. The agreements cover a range of projects, including new container terminals, riverfront development, dredging operations, and industrial infrastructure expansion. Major companies such as Haldia Petrochemicals, Adani Ports, JSW Infrastructure, Dredging Corporation of India, and UltraTech Cement have committed significant investments aimed at enhancing port capacity, connectivity, and economic growth in eastern India.Read more

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DMRC to develop automated cargo evacuation system at Kandla Port

31 Oct 2025

Delhi Metro Rail Corporation (DMRC) signed a memorandum of understanding with Deendayal Port Authority, Umeandus Technology Private Limited, and BEML Limited to develop a real-time automated cargo evacuation system (e-FTS) at Kandla Port in Gujarat. As part of the agreement, DMRC will manage operations and maintenance of the pilot project for 25 years. The system will integrate blockchain, artificial intelligence, machine learning, and Internet of Things (IoT) technologies to enhance cargo-handling efficiency, lower operational costs, and promote sustainability. The concept also holds potential for replication at other major ports in the future.Read more

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Gauhati High Court seeks progress report on Mizoram highway repairs

31 Oct 2025

The Aizawl bench of the Gauhati High Court has asked the contractor handling the repair of the National Highway 306/06 Sairang-Kawnpui stretch in Mizoram to submit an affidavit on current progress and completion schedule, following a public interest petition by the Mizoram Truck Driver Association raising concerns over the road's dilapidated state. The court set a deadline for the report and warned that officials from the National Highways and Infrastructure Development Corporation Limited (NHIDCL) may need to appear in person if the contractor fails to respond. The highway is considered vital for Mizoram's supplies and transport.Read more

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BCPL wins INR 32.58 crore railway electrification contract from RVNL

31 Oct 2025

BCPL Railway Infrastructure Ltd (BCPL) has received a contract worth INR 32.58 crore from Rail Vikas Nigam Ltd (RVNL) for overhead electrification (OHE) modification in parts of the Dhanbad Division under East Coast Railway. The project involves 25 kV works, including design, supply (excluding certain steel structures and conductors), erection, testing, and commissioning of a 2×25 kV feeder line system. The project is targeted to support a 3,000-tonne loading capacity and is expected to be completed within 16 months. BCPL's management expressed optimism about sustained project inflows in the rail electrification sector.Read more

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Vadodara to achieve sewage treatment capacity for 2050 population by next year

31 Oct 2025

The Vadodara Municipal Corporation (VMC) is working to expand its sewage treatment infrastructure to match the city's projected needs up to 2050. With 11 sewage treatment plants (STPs) currently operational and four more nearing completion, Vadodara's total treatment capacity is expected to reach 963 MLD by next year, surpassing the current requirement of 512 MLD. The civic body is also improving its pumping stations, expanding the drainage network, and implementing measures to stop untreated sewage from entering the Vishwamitri River, aiming for sustainable and cleaner wastewater management.Read more

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Telangana to build 5,555 km of roads under INR 10,547 crore HAM project

31 Oct 2025

The Telangana government has announced plans to construct approximately 5,555 kilometres of roads under a hybrid annuity model (HAM) project valued at around INR 10,547 crore. Work will cover 400 roads across 32 packages and is expected to commence by the end of the year. The ministry clarified that the HAM model carries no first-year expenditure from the government, and annual maintenance costs over 15 years will remain modest. Allegations of an INR 8,000 crore scam related to HAM projects were dismissed as uninformed and baseless by the responsible minister.Read more

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Delhi Fire Services halt Sarojini Nagar GPRA plans over safety lapses

31 Oct 2025

The Sarojini Nagar GPRA redevelopment project, a key government housing initiative in South Delhi led by NBCC Ltd, has hit a regulatory hurdle after the Delhi Fire Services (DFS) rejected its building plans for non-compliance with fire-safety norms. The DFS review found inadequate space for fire-tender movement, insufficient open areas, substandard exit widths and refuge zones, and poorly placed hydrants. The basement parking design also failed to meet safety circulation requirements. The DFS has directed the developer to revise access roads, stair dimensions, hydrant layouts, and emergency routes before resubmitting plans. The decision highlights stricter enforcement of fire-safety standards in large-scale government redevelopment projects.Read more

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Trinasolar presents new Elementa 2 Pro and Elementa 3 energy storage systems in India

31 Oct 2025

Trinasolar is introducing its new Elementa 2 Pro and Elementa 3 battery energy storage systems at the Energy Storage Summit India 2025 in Greater Noida. With India already surpassing its COP26 renewable capacity target ahead of schedule, these systems aim to strengthen grid reliability, improve renewable integration, and address growing power demand from sectors such as utilities, healthcare, and data centres. Having shipped over 12 GWh of storage systems globally and targeting 8-10 GWh in annual shipments, Trinasolar continues to expand its energy technology portfolio.Read more

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Karnataka to privatise four berths and develop seven island resorts under PPP mode

31 Oct 2025

The Karnataka Maritime Board (KMB) has announced plans to tender four berths at non-major ports for privatisation and to develop seven islands into resort destinations under the public-private-partnership (PPP) model in the state. The move comes as part of a broader effort to attract investment into the maritime sector, with memoranda and definitive agreements worth INR 5,000 crore expected to be signed during the India Maritime Week (IMW) 2025. The state is also working on greenfield port proposals and inland-waterway projects, underlining its ambition to expand maritime infrastructure and tourism simultaneously.Read more

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Railway Board approves new station near Cochin International Airport

30 Oct 2025

The Railway Board has given approval for a new railway station near Cochin International Airport at Nedumbassery, marking a key development in Kerala's transport infrastructure. The project aims to ease travel for passengers using the airport and improve last-mile rail connectivity. The plan, first proposed in 2010, had stalled for years but was revived after Union Minister George Kurian's meeting with Railway Minister Ashwini Vaishnaw. The new station will be located between Angamaly and Chowara and is expected to cost around INR 12 crore.Read more

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Mumbai expands sustainable public transport with 157 new electric buses for BEST

30 Oct 2025

Mumbai's Brihanmumbai Electric Supply and Transport (BEST) has expanded its fleet by adding 157 air-conditioned electric buses as part of its plan to introduce 5,000 such vehicles in phases. Maharashtra Chief Minister Shri Devendra Fadnavis announced the addition at the Colaba depot, emphasizing the need for financial self-sufficiency through non-fare revenue. The initiative is aimed at reducing emissions, improving commuter comfort, and strengthening the city's transport network while aligning with Maharashtra's broader electric vehicle policy goals.Read more

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Indian Railways to launch direct train service connecting Kashmir to India

30 Oct 2025

Railway officials have stated that a direct train service linking the Kashmir Valley with the rest of India is expected to materialise soon. This development follows the earlier inauguration of the twin Katra-Srinagar Vande Bharat Express trains on the recently completed Udhampur-Srinagar-Baramulla rail link. In a new move this week, the train will halt for two minutes at Reasi railway station (after train numbers 26401/26402). The stop is experimental and aims to serve pilgrims heading to the Mata Vaishno Devi shrine and tourists visiting local bridges. Local demand led to the addition, with future service decisions dependent on viability.Read more

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