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

Punjab gets industrial boost as Tynor opens Ortech Textiles for in-house production

23 Jun 2025

Orthopaedic aids manufacturer Tynor Orthotics has launched a state-of-the-art textile manufacturing unit Ortech Textiles in Mohali, Punjab. Developed with an investment of INR 300 crore, the facility spans six acres and is designed to cater entirely to Tynor's raw material requirements, significantly reducing reliance on Chinese imports. The new unit is expected to generate 1,000 jobs as part of the company's broader expansion plan to grow its workforce from 2,500 to 5,000. The plant was inaugurated by Punjab Industries, IT and Labour Minister Tarunpreet Singh Sond, who also highlighted recent reforms to accelerate industrial approvals in the state.Read more

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Hyderabad airport begins expansion to handle rising passenger and cargo traffic

23 Jun 2025

GMR Hyderabad International Airport Ltd (GHIAL) has launched a INR 5,843 crore expansion at Rajiv Gandhi International Airport to meet rising traffic. The plan includes a new 225,000 sq. m terminal primarily for domestic use, a 3,800-meter runway for low-visibility operations, and a 650-meter cross taxiway for wide-body aircraft. Aircraft stands will increase to 163 and parking bays to 5,590. A second cargo terminal (50,000 MT capacity) costing INR 160 crore is set to open by July. The existing terminal is also being expanded at INR 427 crore. A 31-km metro line from Mindspace to the airport is planned to boost access, with GHIAL supporting the initiative. AERA will determine revised tariffs.Read more

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Gorakhpur expressway launch marks next phase in UP's highway expansion drive

23 Jun 2025

Uttar Pradesh has operationalised the Gorakhpur Link Expressway, its seventh expressway, developed at an investment of INR 7,283 crore. This 91.35 km stretch links Gorakhpur to districts including Azamgarh and significantly strengthens the state's share in India�s expressway network, raising it from 38% to 42%. With over 1,200 km of access-controlled expressways now within its borders, UP leads nationally. The expressway was built partly on land acquired from 22,000 farmers and is projected to transform the socio-economic fabric of the Purvanchal region.Read more

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MMRDA to fine metro contractors for labour shortages to speed up project delivery

23 Jun 2025

The Mumbai Metropolitan Region Development Authority (MMRDA) has introduced a strict penalty policy to address labour shortages and fast-track metro construction. Effective immediately, contractors will face fines of INR 1 lakh per day for workforce shortfalls between 25-50%, and INR 2 lakh per day if the deficit exceeds 50%, with no exceptions or prior notice. These penalties are in addition to existing fines for project delays and will be enforced across key metro corridors set to be commissioned by year-end, including Lines 2B, 4, 4A, and 9. MMRDA officials will conduct regular site audits and review consultant reports to monitor compliance, as the authority aims to curb persistent manpower issues that have historically hampered metro progress.Read more

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Mumbai concretes nearly half of planned roads, full project on track for 2027 completion

20 Jun 2025

Mumbai's ambitious road concreting project, launched in January 2023, has achieved 49% completion across 2,121 roads, with 36% fully finished end-to-end. The Brihanmumbai Municipal Corporation (BMC) reports that the initiative is progressing on schedule and aims for total completion by May 2027. Phase 1 covered 700 roads, of which 343 (102 km) are complete, with another 239 roads partially done. In Phase 2, 428 roads (84 km) are fully ready, while 375 have been partially completed. Quality control is being overseen by IIT Bombay, ensuring robust standards through surprise checks and detailed testing. Post-monsoon, remaining works will resume, with strict no-dig policies now in place on completed roads.Read more

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Juniper Green commissions 59 MW solar plant in Wardha 17 months ahead of schedule

20 Jun 2025

Juniper Green Energy has successfully commissioned the 59 MWp solar component of its 75 MW hybrid power project located in Wardha, Maharashtra, significantly ahead of schedule. The solar facility, which forms a part of the Juniper Green Power Five Project, was brought online 17 months before the planned date. The project, backed by a Power Purchase Agreement (PPA) with the Maharashtra State Electricity Distribution Company Ltd (MSEDCL), also includes 26.4 MW of wind capacity. The Scheduled Commercial Operation Date (SCOD) for the entire hybrid project remains set for late 2026, marking this milestone as a key step towards full-scale operations.Read more

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Siemens to install ETCS Level 2 signalling for Mumbai-Ahmedabad bullet train corridor

19 Jun 2025

A consortium of Siemens Limited, Siemens Mobility GmbH, and Dineshchandra R Agrawal Infracon Pvt Ltd has secured a INR 4,100 crore contract from the National High Speed Rail Corporation Limited (NHSRCL) for India's first bullet train project. Siemens Limited's share, worth INR 1,230 crore, includes designing, installing, and maintaining advanced signalling and telecom systems using the globally adopted ETCS Level 2 standard. The project will be executed over 4.5 years, with Siemens handling maintenance for 15 years. This move aligns with the 'Make in India' mission and marks a major step toward integrating world-class rail tech into India's transport landscape.Read more

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L&T to develop green hydrogen and ammonia plants in Gujarat

19 Jun 2025

Larsen & Toubro (L&T) has acquired land in Kandla, Gujarat, to develop green hydrogen and ammonia facilities-advancing its clean energy ambitions in sync with India's National Green Hydrogen Mission. Chairman S N Subrahmanyan confirmed electrolyser manufacturing is already underway, giving L&T a first-mover edge. The company also received U.S. Department of Energy approval to transfer Small Modular Reactor (SMR) technology to India, becoming one of only three Indian firms eligible. L&T plans to localise manufacturing and build proprietary tech for developing markets. Through its new subsidiary, L&T Green Energy Kandla Pvt Ltd, the company is gearing up to deliver global-scale EPC solutions in green fuels.Read more

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DRA to spend INR 1 crore to beautify Chennai's Lloyds Road under Namakku Naame scheme

19 Jun 2025

Chennai-based real estate firm DRA has partnered with the Greater Chennai Corporation to launch a INR 1 crore beautification project on Sir V.P. Raman Road (Lloyds Road) under Tamil Nadu's "Namakku Naame" initiative. The four-month Public-Private Partnership aims to transform the bustling stretch into a sustainable, walkable, and aesthetically vibrant urban space. Planned upgrades include LED streetlights, landscaped walkways, public seating, and smart signage. DRA Managing Director Ranjeeth Rathod highlighted the initiative as a reflection of civic pride and community-focused progress. The project was inaugurated in the presence of senior civic officials, showcasing a strong model of public-private collaboration in urban renewal.Read more

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Kinfra to lead 358-acre land deal for Global City, part of Kochi-Bengaluru Corridor

19 Jun 2025

The Kerala government has approved a negotiated land purchase approach to acquire 358 acres in Ayyampuzha for the much-delayed Global City project, part of the Kochi-Bengaluru Industrial Corridor (KBIC). Implemented by state agency Kinfra, this move aims to bypass delays tied to traditional acquisition methods. Of the total land, 215 acres will be dedicated to industrial use. The project, crucial for regional economic integration, had earlier faced setbacks due to Union government concerns over non-industrial components. In contrast, KBIC's Palakkad-based Industrial Manufacturing Cluster has already secured approvals. The new approach may also ensure faster delivery and better compensation for landowners.Read more

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