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

BMC gets green nod for INR 2,395 crore Versova-Madh Bridge

26 Oct 2025

The Brihanmumbai Municipal Corporation (BMC) has received environmental clearance from the Union Ministry of Environment, Forest and Climate Change for a INR 2,395 crore cable-stayed bridge connecting Versova to Madh Island. The project, which was initially envisioned in the 1967 Development Plan, is expected to reduce current commute times from 45-60 minutes to under 10 minutes. The bridge will pass over Marve Creek and mangrove areas, requiring additional approvals from the Bombay High Court. Construction is planned to start by year-end, with a three-year timeline for completion.Read more

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DGCA approves AVPL International's Hisar drone training centre

26 Oct 2025

The Directorate General of Civil Aviation (DGCA) has approved AVPL International's Drone Remote Pilot Training Organisation (RPTO) in Sisai, Hisar, marking a key step in drone skill development in North India. The facility now has ten DGCA-approved flying zones providing hands-on training in drone operation and maintenance. Aimed at equipping youth, especially in rural areas, the RPTO prepares students for careers across sectors like agriculture, logistics, infrastructure, and environmental monitoring, strengthening regional employment opportunities in emerging drone technology.Read more

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JERA Nex BP pauses US Beacon offshore wind project as costs rise

26 Oct 2025

JERA Nex BP has decided to pause the U.S. Beacon offshore wind project and lay off its American staff, citing rising costs, supply chain challenges, inflation, and regulatory hurdles. While the company will retain lease rights off Massachusetts, it sees no immediate path to further investment. Formed in August after a December agreement between JERA and BP, the joint venture manages assets and development projects with 13 gigawatts potential. The decision underscores ongoing difficulties in the U.S. offshore wind sector, including cost pressures and policy uncertainties.Read more

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Karnataka plans 1,500 high-capacity EV charging stations under PM E-Drive

26 Oct 2025

The Karnataka government plans to set up 1,500 high-capacity EV charging stations under the PM E-Drive scheme, focusing on fast-charging heavy vehicles like buses and trucks with 60-240 kW outputs. With over 6,000 existing public chargers, the state aims to strengthen infrastructure for e-buses and e-trucks along highways, logistics hubs, and depots. Central subsidies will cover 80-100% of project costs, minimizing state expenses. Karnataka already leads India in charging station count and has sought 4,500 e-buses under PM E-Drive. Collaborations with major oil companies and upgrades to fast chargers further boost accessibility, positioning Karnataka as a frontrunner in large-scale EV infrastructure and fleet electrification.Read more

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Manipur: Chandel village chiefs oppose border fencing, seek Kuki-Zo autonomy

26 Oct 2025

Village chiefs from Chandel district in Manipur have united to oppose the ongoing Indo-Myanmar border fencing, calling for construction to stop until the Kuki-Zo people receive a separate administrative setup. The Border Roads Task Force (BRTF) has begun fencing work near Moreh in Tengnoupal district as part of Project Sewak, while only 10 km of the 398 km Manipur-Myanmar border has been fenced so far. The 1,643 km India-Myanmar border spans four states and previously operated under a Free Movement Regime, which was revoked last year, now limiting movement to 43 designated points with Assam Rifles-issued border passes.Read more

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Kuwait signs USD 489 million deal with Turkey's Kuzu for wastewater treatment plant

25 Oct 2025

Kuwait has signed a USD 488.9 million contract with Turkish company Kuzu to construct and operate a wastewater treatment plant for South Al-Mutlaa city. The plant will use a hybrid system of conventional and renewable energy and produce around 400,000 cubic metres of tertiary-treated water daily for agriculture and other uses. The deal coincided with Turkish President Erdogan's visit to Kuwait, where agreements on defence, energy, investment, and trade were also signed. Al-Mutlaa city will feature over 28,000 housing units, highlighting the scale and significance of the project.Read more

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Bombay High Court orders transfer of 10,000 hectares of mangrove land to forest department

25 Oct 2025

The Bombay High Court has directed district collectors in six Konkan region districts to hand over 10,000 hectares of identified mangrove land to the Maharashtra forest department within two months. The order follows a contempt petition by Mumbai-based NGO Vanshakti, highlighting failure to implement a 2018 directive. The court has also set a detailed timeline for identifying, measuring, and transferring the remaining mangrove land. Previously, around 4,000 hectares had been transferred, but over 10,000 hectares remained pending, with some lands yet to be restored for mangrove cultivation.Read more

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Europe's logistics firms face profit pressure as freight rates hit 2024 lows

25 Oct 2025

European shipping and logistics players are facing mounting headwinds as freight rates plunge to their lowest since early 2024 and demand remains weak. Ocean-container rates have collapsed largely due to oversupply and softer demand following U.S. tariff measures. Although container volumes grew about 4% in the January-to-August window, analysts say that spike reflected advance shipments ahead of tariffs and won't sustain rates. Firms such as DSV and Kuehne + Nagel are expected to report weaker quarterly results, while Maersk appears better insulated thanks to long-term contracts.Read more

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GCDA begins land pooling for Infopark Phase III to build AI-integrated township in Kochi

25 Oct 2025

The Greater Cochin Development Authority (GCDA) has launched the land pooling process for Infopark Phase III, covering around 500 acres in Kunnathunad, Kochi. The project aims to create an AI-integrated township with digital management of all basic services and a focus on deep-tech startups. Additionally, the state government approved the transfer of 33.5 acres from Traco Cable Company to Infopark for its Phase IV expansion at a valuation of INR 200 crore. The development is expected to boost IT infrastructure and employment in the region.Read more

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Crown Castle raises full-year revenue forecast on strong 5G demand

25 Oct 2025

Crown Castle Inc., a U.S.-based wireless tower operator, has raised its annual site rental revenue forecast for the second time this year, reflecting steady leasing demand from major carriers upgrading their networks to 5G. With around 40,000 towers across the U.S. and long-term agreements with AT&T, T-Mobile, and Verizon, the company now expects site rental revenue between USD 4.01 billion and USD 4.05 billion. In the latest quarter, it reported revenue of USD 1.01 billion and adjusted funds from operations of USD 1.12 per share, highlighting continued growth in its tower business.Read more

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Delhi government to carry out night-time construction to reduce traffic congestion

25 Oct 2025

The Delhi government has announced that major infrastructure projects will now be executed at night to reduce daytime traffic disruptions. Key projects include the second Ring Road, a new secretariat complex, and a proposed INR 7,000-8,000 crore elevated corridor extending 80 km above the existing Ring Road. To ensure timely completion, the government plans a fast-track approach, awarding contracts even during demolition work, and offering financial incentives for early project completion. Challenges such as labor availability, noise pollution, and worker safety are being addressed with a detailed SOP, while environmental concerns like dust control are also being managed.Read more

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Megha Engineering wins USD 225.5 million contract in Kuwait for gas facility

25 Oct 2025

Hyderabad-based Megha Engineering & Infrastructures (MEIL) has secured a USD 225.5 million contract from Kuwait Oil Company (KOC) to build, operate, and manage a gas sweetening and sulphur recovery facility in Kuwait. The project will handle sour gas at around 120 million standard cubic feet per day, with completion in 790 days and a subsequent five-year operation and maintenance period. KOC also holds an option to buy back the facility. The order reflects MEIL's ongoing efforts to expand its footprint in the Middle East, complementing its past international projects.Read more

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Kerala plans mixed-use township for Infopark's Irumpanam campus

25 Oct 2025

Kerala Chief Minister Shri Pinarayi Vijayan announced that Infopark's Phase IV campus in Irumpanam will follow a mixed-use township model, offering five million square feet of IT space. The development is expected to generate 50,000 direct IT jobs and attract investments of INR 3,000 crore. The state government has transferred 33.5 acres from Traco Cable Company for INR 200 crore. Strategically located next to the existing campus, the site benefits from Kakkanad Water Metro, Kochi Metro, and the Seaport-Airport four-lane road, enhancing Kochi's IT and industrial ecosystem.Read more

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MMRDA to cut 320 trees, transplant 386, and plant 4,175 new trees for Mumbai project

25 Oct 2025

The Mumbai Metropolitan Region Development Authority (MMRDA) has obtained approval to cut 320 trees and transplant 386 for a new infrastructure project along the Vikhroli-Ghatkopar stretch. As compensation, 4,175 new trees will be planted in the area, focusing on native and pollution-resistant species. The project also aims to retain 949 existing trees and preserve 127 Pink Trumpet trees. While MMRDA highlights careful planning and scientific transplantation methods, local residents and environmental groups remain concerned about the ecological impact of cutting mature trees and whether compensatory planting can match their environmental benefits.Read more

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Vietnam-Malaysia-Singapore offshore wind project to deliver first phase by 2034

24 Oct 2025

Malaysia's Energy Minister confirmed that the 2,000-MW offshore wind project connecting Vietnam, Malaysia, and Singapore aims to finish its first phase by 2034. The first phase will provide 700 MW for Malaysia's domestic use and export 1,300 MW to Singapore. The second phase will extend transmission lines from Vietnam to Peninsular Malaysia through Cambodia, Laos, and Thailand, but will be considered after evaluating energy needs and economic feasibility. The project reflects regional cooperation to expand renewable energy, strengthen cross-border electricity trade, and support Southeast Asia's growing power demand.Read more

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Tambaram-Chengalpattu to get fourth railway line under INR 757 crore project

24 Oct 2025

The Ministry of Railways has approved a INR 757.18 crore project to construct a fourth railway line between Tambaram and Chengalpattu in Tamil Nadu. The existing three-line stretch, part of the Chennai Beach-Villupuram-Tiruchirappalli-Kanyakumari corridor, operates at 87% capacity, expected to rise to 136%. The new line will improve suburban train services, support growing freight traffic of 1.344 million tonnes annually, and generate additional revenue of INR 157 crore. The project aligns with the PM-Gati Shakti 'Energy, Mineral and Cement Corridor' to enhance connectivity and operational efficiency.Read more

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NHAI opens crossover traffic at Ranenagar underpass; ramps expected by month-end

24 Oct 2025

The National Highways Authority of India (NHAI) has opened crossover traffic at the Ranenagar underpass in Nashik to ease congestion. The underpass, linking Ambad and Ranenagar, had been closed since July for expansion, which includes two additional lanes on each side. Commuters had to take a detour of 1.5-2 km during closure. The construction of connecting ramps is in progress, expected to be completed by the end of November. Upon completion, the underpass will improve traffic flow for both commercial and residential areas.Read more

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POWERGRID acquires INR 3,375 crore projects to boost inter-regional connectivity

24 Oct 2025

Power Grid Corporation of India (POWERGRID), a government-owned transmission utility, has acquired two major projects worth INR 3,375 crore to expand and strengthen the country's power transmission network. The new projects Vindhyachal Varanasi Transmission Limited and SR WR Power Transmission Limited were secured through tariff-based competitive bidding. These projects aim to ease congestion in existing transmission corridors, enhance grid reliability, and improve renewable energy transfer across regions while also supporting power evacuation from future pumped storage projects across India.Read more

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Sikkim government urges NHIDCL to prevent sudden closures of NH-10

24 Oct 2025

The Sikkim government has raised concerns over frequent, unannounced closures of National Highway 10 (NH-10), the main route connecting the state to the rest of India. Authorities say even minor maintenance works often result in full-day closures without prior intimation, disrupting tourism and local transport. The state has urged NHIDCL for better coordination, advance notifications, and improved communication. Officials also suggested real-time updates via a digital platform, clearly marked diversion routes, and proper signage to ensure smoother movement for tourists and residents.Read more

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Konkan Railway to expand car Ro-Ro service to three more stations

24 Oct 2025

Konkan Railway Corporation Ltd (KRCL) is set to extend its car Roll-on Roll-off (Ro-Ro) service along the Mumbai-Konkan route by introducing dedicated ramps and infrastructure at Sawantwadi Road, Ratnagiri, and Sangameshwar stations. The service, first launched this year, has been well-received by motorists seeking a faster alternative to the congested Mumbai-Goa highway. KRCL plans to enhance operational efficiency through infrastructure upgrades and aims to make the service a regular option during festivals and peak travel periods, while also managing its debt and strengthening finances.Read more

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