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

Lucknow Development Authority enables digital building map NOCs via WhatsApp

23 Sep 2025

Lucknow Development Authority (LDA) has introduced a digital system so that applicants seeking Building Map No Objection Certificates can receive them through WhatsApp. The new arrangement uses the authority's Enterprise Resource Planning system to coordinate approvals and communicate with multiple departments, reducing traditional delays. Alongside this, the LDA has digitised land use verification, enabling prospective land buyers in Lucknow to check land status online by submitting relevant documents and location data.Read more

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Inox Clean Energy begins production at Bavla solar module plant in Gujarat

23 Sep 2025

Inox Clean Energy has launched production at its Bavla solar module facility in Gujarat, starting with a 1.2 GW capacity that will eventually expand to 3 GW. The plant produces advanced N-type TOPCon bifacial modules, offering higher efficiency and dual-sided power generation. Alongside this, Inox Solar is setting up a 4.8 GW integrated solar cell-plus-module facility in Odisha. These initiatives are expected to strengthen India's domestic solar manufacturing, reduce import dependence, and position the country prominently in global renewable energy supply chains.Read more

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Goa cabinet clears INR 2,500 crore projects under PPP model

23 Sep 2025

The Goa cabinet has approved seven development projects worth INR 2,500 crore to be executed under the Public-Private Partnership (PPP) model. Chief Minister Pramod Sawant said this approach will speed up the work without putting financial pressure on the state. The projects cover the redevelopment of Junta House and Circuit House in Panaji, a new Prashasan Stambh, reconstruction of government quarters and a government garage, along with a new Kadamba Transport Corporation bus stand in Vasco. NBCC will execute the projects, which are expected to begin shortly.Read more

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ACME Solar secures INR 1,100 crore funding from SBI for Rajasthan project

23 Sep 2025

ACME Solar Holdings has secured INR 1,100 crore in financing from the State Bank of India for its 300 MW Rajasthan renewable energy project. The funds will refinance existing debt, cutting financing costs by approximately 100 basis points, and come with a 17-year tenure. Operational for six months, the project has maintained strong capacity utilization. This refinancing supports ACME Solar's strategy to optimize financing across its portfolio and improve its credit profile. The company, which has a diversified renewable energy portfolio and an operational capacity of 2,890 MW, is positioned for significant growth in the coming years.Read more

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BMC plans 4.2 km flyover on LBS Marg to ease Kurla-Ghatkopar traffic

23 Sep 2025

The Brihanmumbai Municipal Corporation (BMC) is planning to construct a 4.2 km flyover along LBS Marg, extending from Kalpana Talkies in Kurla West to Pankhe Shah Baba Dargah in Ghatkopar West. This initiative aims to alleviate persistent traffic congestion at major junctions such as Andheri-Ghatkopar Link Road, Ghatkopar Station Road, and Sant Narsi Mehta Road. The Veermata Jijabai Technological Institute (VJTI) is tasked with designing the flyover, considering existing infrastructure like the MRIDC bridge and the Metro line. The project is currently in the planning phase.Read more

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MMRDA fines contractor INR 1 crore, orders urgent repairs on Atal Setu

23 Sep 2025

The Mumbai Metropolitan Region Development Authority (MMRDA), under the supervision of Metropolitan Commissioner Dr Sanjay Mukherjee, carried out a detailed inspection of the Atal Setu earlier this week. Officials observed minor surface distress along a two-kilometre stretch on the Navi Mumbai-bound carriageway, attributed to heavy monsoon conditions and continuous traffic load. The contractor has been instructed to repair the patchwork within five days, alongside strict enforcement actions including financial penalties and an extended defect liability period.Read more

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Over 600 trucks stranded on Mizoram's NH-306 due to poor road conditions

23 Sep 2025

More than 600 trucks were stranded on Mizoram's National Highway 306 (NH-306), also called NH-6, due to the deteriorating condition of the Sairang-Kawnpui stretch. Around 339 trucks carrying essential commodities to Aizawl were halted at Kawnpui, while 264 empty trucks bound for Assam were stuck at Khamrang. Repairs made between July and August failed to hold. Mizoram Merchant Association (MIMA) and the Northeast Transporters' Union have warned that transportation of essential goods could be stopped during the next rainy season if the highway is not improved.Read more

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Mumbai-Ahmedabad bullet train completes key 4.88 km tunnel in Maharashtra

23 Sep 2025

India's first bullet train project has reached a major milestone with the completion of the 4.88 km Shilphata-Ghansoli tunnel, part of a 21 km underground section on the Mumbai-Ahmedabad route. Railway Minister Ashwini Vaishnaw highlighted the train's affordability and speed, cutting travel time from nine hours to just over two. The first phase on the Surat-Bilimora section is set for December 2027, with extensions to Thane and BKC by 2029. The tunnel connects to the viaduct portion, and the NHSRCL continues work on remaining sections with strict safety measures.Read more

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Global nuclear power hits record in 2024 but faces tough road ahead

23 Sep 2025

Global nuclear energy reached a record output of 2,677 terawatt-hours in 2024, largely driven by expansion in China. A new report highlights that maintaining this level will be difficult due to underinvestment, ageing plants, and construction setbacks. Renewables are advancing faster, with investment 21 times higher than nuclear last year and new capacity additions more than 100 times greater. Falling battery costs add further pressure. Most new nuclear construction since 2020 has been led by Chinese and Russian state firms, while Western small modular reactor projects remain stalled. Without major improvements, nuclear's share of electricity, about 9% in 2024, is expected to decline.Read more

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Belagavi-Dharwad rail line moves forward with fresh funding support

23 Sep 2025

Union Minister of State for Railways, V. Somanna, recently inaugurated two major railway projects in Belagavi, Karnataka, including Road Under Bridges at Anagol and Khanapur. The initiatives are part of around 300 ROB and RUB projects across Karnataka funded by the central government. Under the Amrit Bharat Scheme, the state has modernized six additional stations with INR 2,000 crore funding. Somanna also shared updates on the Belagavi-Dharwad railway line and hinted at a potential sleeper coach Vande Bharat train between Belagavi and Bengaluru to address public demand.Read more

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Hong Kong Airport to remain closed for 36 hours as typhoon Ragasa approaches

22 Sep 2025

Hong Kong is preparing for the arrival of Super Typhoon Ragasa, with a 36-hour suspension of passenger flights at Hong Kong International Airport beginning Tuesday evening. The observatory has raised warning signals and forecast gale to hurricane-force winds, along with heavy rain and storm surges. Residents have rushed to stock up on food and household items, leading to shortages and higher prices in some areas. Airlines including Qantas and Cathay Pacific are adjusting operations, while in the Philippines, authorities have already halted work and classes as the typhoon nears northern Luzon.Read more

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Indore metro completes second phase trial run on 5 km stretch

22 Sep 2025

Indore's metro expansion achieved a significant step with a successful trial run of the second phase, covering a 5-kilometer stretch between Super Corridor No. 3 and MR-10 stations. This phase is part of the 17.5-kilometer priority corridor connecting Gandhi Nagar to Radisson Square. The Madhya Pradesh Metro Rail Corporation Limited (MPMRCL) aims to commence commercial operations by the end of October, pending necessary safety approvals. The broader 31.32-kilometer metro project, estimated at INR 7,500.80 crore, is designed to enhance connectivity and reduce traffic congestion in the city.Read more

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Noida International Airport to be inaugurated on October 30, flights to begin by mid-December

22 Sep 2025

The Noida International Airport at Jewar, Uttar Pradesh, will be inaugurated on October 30, with passenger flights expected to start around mid-December. In the first phase, airlines are likely to connect the airport to at least ten cities including Bengaluru, Hyderabad, Mumbai, and Kolkata. Developed by Yamuna International Airport Private Limited, a Zurich Airport subsidiary, the new facility is expected to handle 12 million passengers annually and provide cargo connectivity. The airport will complement Delhi's IGI Airport and serve passengers from western Uttar Pradesh, Noida, and Greater Noida.Read more

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Two new flyover ramps at Silk Board to ease traffic by December

22 Sep 2025

Bengaluru's Central Silk Board junction, one of the city's most crowded intersections, is set to see better traffic flow with two new flyover ramps opening by December. These ramps will help reduce congestion and tackle flooding problems caused by stormwater drains. The project is part of a larger effort that includes metro station upgrades and road widening, aiming to improve connectivity between areas like HSR Layout, BTM Layout, and Electronic City. Commuters can expect smoother travel and shorter wait times once the ramps are operational.Read more

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Kandla Port to expand operations beyond Gujarat into new states

22 Sep 2025

Kandla Port, under the Deendayal Port Authority (DPA), is set to extend its operations outside Gujarat for the first time, with plans to manage terminals in Maharashtra and Karnataka. This move aims to replicate Kandla's operational efficiency, reduce congestion at other ports, and increase cargo throughput. The expansion will begin with terminal management and could grow into full port operations, involving both government and private ports. Kandla Port handled more than 150 million metric tonnes (MMT) of cargo last year, primarily petroleum, oil, and lubricants. To support rising volumes, DPA is constructing a deep-draft multi-cargo berth and a new container terminal, expected to be operational by September 2027.Read more

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Vedanta to continue using coal as primary energy source while increasing renewable share

21 Sep 2025

Vedanta Ltd will keep coal as the main energy source for its mining operations, accounting for nearly 70% of its energy mix, while gradually boosting renewables such as solar and wind to reduce coal dependence to around 50-60% over the next three to four years. The company is also exploring hybrid power solutions for overseas operations, including a 300-megawatt coal-renewable project in Zambia to support mining expansion. Copper production at its Zambian unit has returned to levels last seen in 2018, with plans to increase output over the next three years.Read more

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China's solar industry faces overcapacity and falling product quality

21 Sep 2025

Longi Green Energy has urged tougher checks to control declining standards in China's solar sector, saying that excess competition and too many players have weakened product quality in the past two to three years. Chairman Zhong Baoshen raised this concern at a major industry forum in Beijing, soon after President Xi Jinping pressed for the removal of outdated capacity and a reduction in harmful price competition. Longi itself reported a revenue fall of 36 percent and a net loss last year, and is now betting on newer BC and HPBC products to restore competitiveness.Read more

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Foxconn to build first EV charger factory in Saudi Arabia by 2026

21 Sep 2025

Foxconn Interconnect Technology will begin building its first Middle East manufacturing facility in Saudi Arabia this December through its joint venture Smart Mobility, formed with Saleh Suleiman Alrajhi & Sons. The plant will produce EV chargers, with commercial production set for 2026. The venture supports Saudi Arabia's plan to have 30 percent of its cars electrified by 2030. FIT has expanded in EV connectivity by acquiring Germany';s Prettl SWH group in 2023 and Auto-Kabel Group in 2024. Its auto mobility division is projected to generate USD 700 million in revenue this year.Read more

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NHAI's road asset monetisation projected to reach INR 40,000 crore in FY26, says ICRA

21 Sep 2025

The National Highways Authority of India (NHAI) is expected to generate between INR 35,000 crore and INR 40,000 crore in the fiscal year 2025-26 through the monetisation of road assets, according to ICRA. This projection surpasses the INR 30,000 crore target set for the year. The funds are anticipated to come from Toll-Operate-Transfer (TOT) and Infrastructure Investment Trust (InvIT) mechanisms, contributing to a cumulative total of approximately INR 1.3 lakh crore since FY2019.Read more

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Kolkata Metro Green Line experiences technical disruption shortly after full operation

21 Sep 2025

Kolkata Metro's Green Line, connecting Howrah Maidan to Salt Lake Sector V, faced a service disruption less than a month after its full operation. A technical glitch in the power supply lines caused temporary suspension of services, affecting major stations including Howrah, Sealdah, and Esplanade. Maintenance teams restored partial service within an hour and full operations by early afternoon. The incident highlights the operational challenges faced by newly launched metro lines, particularly during busy periods with limited alternative transport options, such as festivals or public holidays.Read more

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