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

Cabinet approves INR 7,000 crore NLCIL investment to fast-track clean energy projects

19 Jul 2025

The Union Cabinet recently approved a significant exemption, allowing state-run NLC India Ltd (NLCIL) to invest INR 7,000 crore into its wholly-owned renewable energy subsidiary, NLC India Renewables Limited (NIRL). This special approval bypasses standard investment guidelines for Navratna Central Public Sector Enterprises, granting NLCIL enhanced financial and operational flexibility. The move is crucial for NLCIL's ambitious plans to substantially expand its green energy capacity, aiming for over 10 GW by 2030, thereby playing a vital role in India's national climate action goals and transition towards a low-carbon economy.Read more

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CEA proposes mandatory weather stations at 50 MW+ green energy plants for grid reliability

19 Jul 2025

The Central Electricity Authority (CEA) has proposed mandatory installation of automatic weather stations (AWS) at wind and solar plants of 50 MW or above. This move aims to enhance grid reliability and efficiency of green energy projects. The directive, issued on July 7, seeks to optimize renewable energy generation and improve predictability, addressing issues like inaccurate weather forecasts that lead to financial penalties. Guidelines specify AWS placement, parameters, and data transmission. All renewable energy implementing agencies are directed to include this requirement in bid documents.Read more

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SAEL Industries to invest INR 8,000 crore in solar cell and module plant in Greater Noida

19 Jul 2025

SAEL Industries has announced an investment of approximately INR 8,000 crore for establishing an integrated solar manufacturing facility in Greater Noida, Uttar Pradesh. The plant will feature a 5 GW solar cell unit and a 5 GW module manufacturing line, boosting SAEL's overall solar manufacturing capacity to 8.5 GW. The facility will produce advanced TOPCon solar cells and assemble them into modules in-house. Chief Minister Shri Yogi Adityanath has extended his support to the project, which aligns with the state's solar energy policy and vision for renewable energy leadership.Read more

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PM Modi launches INR 7,200 crore development push in Bihar with major rail and road projects

18 Jul 2025

Prime Minister Shri Narendra Modi is scheduled to visit Motihari, Bihar to inaugurate and lay the foundation stones of infrastructure and development projects worth over INR 7,200 crore. The announcements span across railways, roads, information technology, rural housing, fisheries, and self-help groups. Highlights include doubling and signalling upgrades of key rail lines, a 4-lane highway inauguration, new Software Technology Parks, fisheries facilities under PMMSY, and the launch of four Amrit Bharat trains. Additionally, financial aid will be released for rural housing and SHGs under flagship central schemes.Read more

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Ludhiana opens C&D waste plant to curb illegal dumping and promote green construction

18 Jul 2025

Ludhiana has launched a long-delayed construction and demolition (C&D) waste-processing plant in Dhandhari, with a capacity to handle 100 tonnes of debris daily. Originally budgeted at INR 2.69 crore, the cost swelled to INR 7.3 crore due to foundational work on a former dumpsite, with an additional INR 2.2 crore spent on machinery. This facility, funded under Swachh Bharat and Smart City missions, converts debris into tiles, bricks, and blocks. Despite past struggles with underutilised civic projects, officials hope the plant will curb illegal dumping and ease landfill pressure provided residents and contractors comply.Read more

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Agartala's Lake Chowmuhani Bazaar set for makeover under AMC's smart city plan

18 Jul 2025

Agartala Municipal Corporation (AMC) Mayor Dipak Majumder yesterday reviewed development work at the Lake Chowmuhani Bazaar, a long-standing and unique vegetable market in Agartala. The Mayor promised modern facilities and technological integrations as part of a broader urban upgrade initiative. This project aims to transform the historic market into a well-planned space, ensuring dignity and ease of business for its small-scale vendors. The modernization is part of a larger city master plan to enhance urban living and address past challenges like encroachments, aiming for sustainable market development and economic empowerment for local traders.Read more

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Andhra Pradesh seeks central funds to boost sports infrastructure and host key games

18 Jul 2025

Andhra Pradesh Chief Minister Shri N Chandrababu Naidu today met with Union Minister for Youth Affairs and Sports Mansukh Mandaviya, seeking substantial central funding to bolster sports infrastructure across the state. The Chief Minister requested over INR 538 crore for stadium development and an additional INR 25 crore to organize the Khelo India Martial Arts Games this year. Emphasizing the state's ambitious new sports policy, Naidu outlined plans for world-class training centers and sought expedited completion of existing projects, underscoring Andhra Pradesh's vision to emerge as a national sports hub.Read more

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Reliance Infrastructure to raise up to INR 9,000 crore via equity and debt routes

18 Jul 2025

Reliance Infrastructure's board has given its nod to raise up to INR 9,000 crore through a mix of equity and debt instruments. This includes a proposed INR 6,000 crore via equity shares or equity-linked instruments through Qualified Institutional Placement (QIP), follow-on public offer, or a combination of both. Additionally, the board approved the issuance of redeemable non-convertible debentures of up to INR 3,000 crore through private placement or other methods. These plans remain subject to statutory and regulatory approvals.Read more

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Indian Railways to install CCTV cameras in all passenger coaches and locomotives for enhanced safety

18 Jul 2025

Indian Railways plans to install CCTV cameras in over 7,400 passenger coaches and 15,000 locomotives to enhance safety. The high-end cameras will provide clear footage at 100 kmph and in low light. Each coach will have four cameras, and locomotives will have six CCTVs and two microphones. Tenders were floated on July 11, with installation by Northern Railway workshops. This initiative, following a successful trial run, aims to deter miscreants, protect passenger privacy, and explore future AI integration for security.Read more

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CM Naidu seeks INR 10,000 crore under SASCI, urges grant for Amaravati capital project

17 Jul 2025

Andhra Pradesh Chief Minister Shri N Chandrababu Naidu urged Union Finance Minister Smt Nirmala Sitharaman to sanction an additional INR 10,000 crore for the state in the upcoming fiscal year, specifically under the Special Assistance to States on Capital Investment (SASCI) scheme. Highlighting persistent financial constraints due to state bifurcation, Naidu also sought funds for the ambitious Amaravati capital project. Separately, the Chief Minister participated in a crucial meeting yesterday with Union Jal Shakti Minister CR Patil and his Telangana counterpart, addressing long-standing inter-state water management issues, signaling a multi-faceted push for state development and resource resolution.Read more

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