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%

Infrastructure News

Chennai One app to add monthly passes as commuters seek MTC staff support

21 Oct 2025

The Chennai One mobility app, launched by the Chennai Unified Metropolitan Transport Authority (CUMTA), is preparing to include INR 1,000 and INR 2,000 monthly commuter passes to simplify travel across the city. Despite strong initial adoption, commuters have requested better training for MTC staff to assist with app usage. The app already consolidates buses, suburban trains, MRTS lines, and metro services, offering real-time tracking, UPI payments, and QR code validation. Future plans include student and senior citizen passes, women's free bus service, smart parking, and optimized routes for differently-abled passengers.Read more

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Delhi Metro seeks to expand renewable energy sourcing for its operations

21 Oct 2025

The Delhi Metro Rail Corporation (DMRC) has invited bids from solar developers to supply 500 million units of renewable energy every year. The selected bidder will be responsible for setting up a grid-connected captive solar power plant with battery storage and supplying electricity under a 25-year power purchase agreement. The initiative is intended to enhance DMRC's renewable energy share to more than 60 per cent, covering its operational and upcoming network expansions.Read more

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Maharashtra to add 118 power lines and substations to boost renewable energy

21 Oct 2025

Maharashtra plans to strengthen its electricity transmission network with 118 new power lines and an equal number of substations over five years. The first phase of seven lines has begun, designed to carry solar, wind, hydro, and battery-stored electricity across the state. MSETCL also intends to develop 1,000-MW battery storage projects at existing substations. With India aiming for 500 GW of non-fossil fuel-based capacity by 2030, Maharashtra's renewable energy regions like Marathwada and Solapur will play an important role. All projects will be implemented through tariff-based competitive bidding.Read more

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Bengaluru to reintroduce bus priority lanes on ORR under INR 400 crore B-Smile project

20 Oct 2025

Bengaluru's Outer Ring Road (ORR) will undergo a major mobility upgrade under the INR 400 crore B-Smile (Bengaluru Smart Mobility Integration for Last-Mile Efficiency) project. The initiative will reintroduce dedicated bus priority lanes, first launched in 2019, along with pedestrian-friendly infrastructure, cycle tracks, and service roads. Designed to improve last-mile connectivity, the project integrates buses, Metro, cycling, and walking. By encouraging public transport use over private vehicles, it aims to reduce congestion in the IT corridor. Completion is expected by the end of 2025.Read more

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Nagpur Smart City Board approves plan to expand and upgrade CCTV network

20 Oct 2025

The Nagpur Smart and Sustainable City Development Corporation Limited (NSSCDCL) has approved the preparation of a Detailed Project Report (DPR) to enhance the city's CCTV surveillance system. The plan aims to identify areas with limited coverage, repair defunct cameras, and integrate new high-resolution cameras in key intersections, public spaces, and sensitive zones. With 3,686 cameras already installed under the Smart City initiative, many have stopped working due to poor maintenance. Kerala State Electronics Development Corporation Limited (Keltron) has been tasked with a five-year maintenance plan costing INR 70 crore.Read more

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APM Terminals Pipavav launches dedicated block train to support solar energy project in Jaipur

20 Oct 2025

APM Terminals Pipavav has started a dedicated block train carrying 90 twenty-foot general-purpose containers from Pipavav Port to the Inland Container Depot at Kanakpura, Jaipur. This operation supports a major solar energy project in Rajasthan. The cargo, shipped from Malaysia on the vessel ONE MARVEL (V-0079W), was transported efficiently in a single train movement. The end-to-end logistics were coordinated with Ocean Network Express (India) Pvt Ltd, Fast Forward Logistics India Pvt Ltd, Seven Seas Lines SDN BHD, and CONCOR, highlighting the effectiveness of multimodal transport.Read more

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India's rooftop solar adoption grows, but subsidy release and implementation remain a challenge

20 Oct 2025

India has added nearly 4.9 GW of residential rooftop solar capacity under the Pradhan Mantri Surya Ghar Yojana (PMSGY), with over 57.9 lakh applications submitted so far. Despite a four-fold increase in applications over the past year, only 13 per cent of the target of 1 crore installations has been achieved, and less than 15 per cent of allocated subsidies worth INR 65,700 crore (USD 7.5 billion) have been released. Supply chain issues, limited consumer awareness, and financial constraints remain major hurdles, highlighting the need for state-level facilitation, standardized kits, and stronger support systems to boost adoption.Read more

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Indore Metro completes trial run to Radisson Square, aims for January launch

20 Oct 2025

The Indore Metro project marked a significant advancement by conducting a trial run on a newly extended route reaching Radisson Square, covering Vijay Nagar and Sukhlia for the first time. The technical team ran the train from Gandhi Nagar through Heera Nagar Square, culminating in the new stretch after roughly one hour. The Madhya Pradesh Metro Rail Corporation aims to begin commercial services on this extension by January, and the expansion is expected to boost ridership in the newly served localities.Read more

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Maharashtra government revises redevelopment plan for Taraporewala Aquarium

19 Oct 2025

The Maharashtra State Fisheries Department has decided to drop its earlier plan for redeveloping the Taraporewala Aquarium after realizing it lacked specialized aquarium design expertise. The April plan had proposed a six-storey building at an estimated cost of INR 296 crore. The new approach involves appointing a world-class consultant and architect to prepare a detailed project report and manage the project. The revised plan has a sanctioned budget of INR 350 crore and is expected to take 1.5 years. The over 75-year-old aquarium, closed during the COVID lockdown, previously housed more than 500 aquatic species.Read more

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PWD minister inspects major road and drainage projects across outer and rural Delhi

19 Oct 2025

PWD Minister Parvesh Verma conducted a thorough inspection of several ongoing road and drainage projects in Outer and Dehat Delhi, covering areas like Dhaula Kuan, Najafgarh, Nangloi, Mundka, Karala, and Mangolpur. The review focused on improving connectivity and drainage systems, addressing longstanding infrastructure gaps. Key projects include the transfer of Mundka Road to the National Highways Authority of India (NHAI) and the construction of new drainage corridors. The inspection also highlighted work on critical stretches such as Nangloi-Najafgarh Road, Rohtak Road, and Karala-Kanjhawala Road.Read more

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