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

Assam formalises INR 22,900 crore in MoUs, focusing on infrastructure and sustainability

21 May 2025

Assam has commenced the implementation of projects valued at over INR 60,000 crore, drawn from the INR 5.18 lakh crore investment proposals received during the Advantage Assam 2.0 summit held earlier this year. Chief Minister Shri Himanta Biswa Sarma, while addressing an MoU-signing ceremony for 20 projects worth INR 22,900 crore, emphasised that the state government expects investments totalling INR 1.50 lakh crore to be realised within the first year of the summit. Key projects in the infrastructure sector, including the Guwahati ring road, Narengi-Kuruwa bridge over the Brahmaputra, and the Guwahati-Silchar express highway, have already received approval. Additionally, MoUs have been signed for projects in waste management, solar power, ethanol production, and a new brownfield plant in Namrup worth INR 10,000 crore.Read more

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Mumbai Infrastructure: Central and Western Railway lines set for major expansion as MMR grows

21 May 2025

To meet the rising demand for urban transport, the Indian Railways has launched surveys to expand suburban railway networks in the Mumbai Metropolitan Region (MMR). The Central and Western Railway zones will see new lines, including one connecting Khandeshwar to the Navi Mumbai International Airport (NMIA) and another from Dahanu to Vadhavan Port. These projects aim to separate long-distance and local trains, reduce congestion, and improve access to new economic zones. The plan is part of a broader effort to support the region's rapid growth and integrate major infrastructure projects like NMIA and the upcoming Vadhavan Port in Palghar district.Read more

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Uttar Pradesh to cover extra costs of AMRUT 2.0 to boost infrastructure in smaller towns

21 May 2025

The Uttar Pradesh government made a significant move earlier this week by deciding to fully fund the AMRUT 2.0 scheme in the state's economically disadvantaged urban local bodies. Launched in late 2021 with a five-year horizon, the programme targets improved water supply, sewerage, and green spaces in 762 urban areas. While the central government has committed INR 8,161 crore towards the INR 24,000 crore project, the state will now bear a larger share of the remaining expenses. This decision aims to support newly formed and smaller councils lacking adequate revenue, ensuring equitable urban infrastructure development statewide.Read more

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Chemco Group to invest INR 450 crore in new manufacturing plants in Gujarat

20 May 2025

Chemco Group, a plastic packaging company, has announced plans to establish two new manufacturing plants in Gujarat in collaboration with Kandoi Group of Industries. The project, which involves an investment of INR 450 crore, will see the development of greenfield facilities in Vapi and Dahej. The units will focus on recycling PET bottles into high-performance industrial packaging, utilising a closed-loop system encompassing bottle collection, washing, tape extrusion, weaving, and bag fabrication. The initiative is set to operate on renewable energy, aiming to recycle over 10 million PET bottles daily, thereby promoting circularity and reducing the carbon footprint.Read more

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Andhra Pradesh's SIPB approves 19 investment projects worth INR 33,000 crore

20 May 2025

Andhra Pradesh's State Investment Promotion Board (SIPB) has approved 19 new projects worth over INR 33,000 crore across energy, IT, electronics, tourism, and textiles, expected to create 34,000 jobs. Chief Minister Chandrababu Naidu emphasized real-time tracking of project progress and proposed boosting tourism with 50,000 new hotel rooms and caravan tourism policies. He also pushed for sustainable industries that convert agri-waste into inputs. Major investments include Bondada Engineering (INR 9,000 crore) and Wingtech Mobile in Tirupati, which alone could generate 10,000 jobs. Over the past 11 months, SIPB has cleared INR 5 lakh crore in investments, reflecting the state's renewed focus on sustainable, inclusive industrial growth.Read more

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Kalpataru Projects secures INR 2,372 crore in new orders across power and infrastructure sectors

20 May 2025

Kalpataru Projects International Limited (KPIL), a major player in engineering and construction within the power and infrastructure sectors, recently secured new orders valued at approximately INR 2,372 crores. These awards span both its Power Transmission & Distribution (T&D) and Buildings & Factories (B&F) divisions, covering projects in India and international markets. The fresh contracts reflect KPIL's expanding presence in fast-growing EPC markets, including India, the Nordics, and the Middle East. The company's consistent delivery and quality have earned it repeat orders from reputed developers, underscoring its robust execution capabilities and promising growth outlook.Read more

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MMRDA's Deharji Medium Project on track to improve water supply in Vasai-Virar and Palghar

20 May 2025

The Deharji Medium Project in Palghar district, initiated under the guidance of Maharashtra's Chief Minister Shri Devendra Fadnavis and Deputy Shri Chief Minister Eknath Shinde, has achieved 80% completion, as confirmed by the Mumbai Metropolitan Region Development Authority (MMRDA). The project, executed by the Konkan Irrigation Development Corporation (KIDC) and funded by MMRDA with INR 25,991.5 crores, involves the construction of a substantial dam designed to store 95.60 million cubic meters (Mcum) of water. With the capacity to supply 255 million litres per day (MLD), the dam will benefit the Vasai-Virar Municipal Corporation (VVMC), CIDCO, and rural areas. The project, targeted for completion by the end of 2027, is expected to significantly bolster water security in the Konkan region.Read more

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Gaya's IMC project receives environmental clearance for industrial growth

19 May 2025

The Integrated Manufacturing Cluster (IMC) in Gaya is a major greenfield project under the Amritsar-Kolkata Industrial Corridor, aimed at boosting industrial growth in eastern India. Developed by a joint central and Bihar state government venture, and supported by NICDC and BIADA, the IMC spans 1,670 acres, with over 1,000 acres set aside for industrial use. It will feature road and rail connectivity, utility services, and smart infrastructure. Located near the Eastern Dedicated Freight Corridor, the IMC ensures efficient cargo movement. With recent environmental clearance granted, construction can begin. This marks a key step in Bihar's development, aiming to attract investment, create jobs, and build a model industrial township focused on sustainability.Read more

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Mumbai: Western Railway's 6th Line between Bandra Terminus and Borivli set for July completion after long delay

19 May 2025

The long-pending 6th rail line between Bandra Terminus and Borivli is expected to be completed by July 2025. The 15-km corridor will help segregate long-distance trains from suburban services, reducing delays and boosting punctuality across Western Railway (WR). Originally sanctioned in 2008 at INR 301 crore, the project faced delays due to encroachment issues and land acquisition. Work resumed in 2019 after the state committed support. Once operational, the new line will improve movement of express trains and help WR add new suburban services, easing daily travel for lakhs of commuters between Mumbai's north and south corridors.Read more

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Mumbai Infrastructure: Dadar's Tilak Bridge reconstruction delays worsen traffic congestion

19 May 2025

The ongoing redevelopment of Tilak Bridge in Mumbai's Dadar area has caused major traffic congestion, frustrating thousands of daily commuters. As the Brihanmumbai Municipal Corporation (BMC) carries out the phased construction of a new parallel bridge, the existing structure remains a bottleneck. Local residents and transport experts say the situation has worsened due to encroachments, narrow lanes, and poor planning. With Phase 1 now underway, the old bridge will be demolished only after the new one is operational. The complete project is expected to finish by 2026. Meanwhile, commuting through this busy area remains a daily challenge for many.Read more

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