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

Emmvee wins INR 1,500 crore solar module order from KPI Green Energy

26 Jun 2025

Bengaluru-based solar tech firm Emmvee has secured a INR 1,500 crore order from KPI Green Energy for high-efficiency TopCon bifacial solar modules to be deployed in a renewable energy project in Gujarat. The modules, manufactured at Emmvee's Dabaspet and Sulibele units in Karnataka, reinforce India's push for clean energy and self-reliant manufacturing. Emmvee, with a 7.8 GWp module and 2.94 GWp cell production capacity, serves markets across Asia, Europe, Africa, and North America. The ongoing partnership with KPI Green Energy, dating back to 2021, highlights Emmvee's consistent delivery and growing role in India's green energy transition and domestic manufacturing ecosystem.Read more

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MMRDA appointed nodal agency for Dharavi multi-modal transit hub

25 Jun 2025

The Maharashtra government has appointed MMRDA as the nodal agency for the Dharavi Multi-Modal Transit Hub (MMTH), aimed at transforming connectivity across Mumbai. The hub will integrate Mahim, Sion, and Chunabhatti railway stations with Metro Lines 2B, 3, 8, and 11, and connect to the BKC Bullet Train station, Mumbai airport, and the upcoming Navi Mumbai airport. It will also extend BKC's Personal Rapid Transit (PRT) system to Dharavi. The project includes amenities like offices, retail, hotels, and a convention centre. MMRDA will soon begin feasibility studies, with officials describing the hub as a key step in Dharavi's inclusive urban redevelopment.Read more

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Centre to upgrade nine roads to Nashik ahead of 2027 Kumbh Mela

25 Jun 2025

Maharashtra CM Shri Devendra Fadnavis has announced a INR 4,000 crore road upgrade plan for Nashik ahead of the 2027 Simhastha Kumbh Mela, with central government support. Nine key routes connecting Nashik, along with the Nashik Ring Road and Nashik-Trimbak road (to be widened to six lanes), have received in-principle approval from Union Minister Shri Nitin Gadkari. A Detailed Project Report is underway. Roads such as Ghoti-Trimbakeshwar, Dwarka-Sinnar, and Nashik-Dhule will be developed to handle the massive influx of devotees. These upgrades aim to ensure safe and efficient movement during the world-renowned religious event, enhancing regional connectivity and infrastructure resilience.Read more

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GAIL to invest INR 844 crore to expand DUPL-DPPL pipeline capacity over three years

25 Jun 2025

GAIL (India) Ltd has announced an investment of INR 844 crore to expand the capacity of its Dahej-Uran-Dabhol-Panvel (DUPL-DPPL) natural gas pipeline network from 19.9 to 22.5 million standard cubic metres per day (mmscmd) over the next three years. The company also disclosed revised completion dates for major projects, including the Mumbai-Nagpur-Jharsuguda (MNJPL) and Srikakulam-Angul pipelines, now scheduled for phased completion by the end of 2025. Delays have been attributed to permissions and land acquisition issues, necessitating an additional INR 411.12 crore investment for the MNJPL project.Read more

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West Bengal announces four new IT parks in Kurseong, Kalimpong, Jalpaiguri, and Chinsurah

24 Jun 2025

West Bengal has launched an ambitious expansion of its IT infrastructure with four new parks three in North Bengal and one in Chinsurah, Hooghly. Construction is already underway at Kurseong under the Gorkhaland Territorial Administration, while Kalimpong and Jalpaiguri parks are next in line. These developments follow the high occupancy of 22 existing state-run IT parks operated by WBEIDC. The initiative complements earlier government-backed tech expansions in New Town, Salt Lake, and Siliguri, including a 25-acre PPP tech-cultural hub and an AI-focused IT park.Read more

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Adani Airports secures USD 1 billion from global investors to revamp Mumbai airport

24 Jun 2025

Adani Airports Holdings Ltd (AAHL), a subsidiary of Adani Enterprises and India's largest private airport operator, has secured USD 1 billion in project financing for Mumbai International Airport Ltd (MIAL). The deal includes a USD 750 million bond issuance maturing in July 2029 for refinancing, with an option to raise an additional USD 250 million. The funds will support MIAL's capital expenditure programme for modernisation and expansion. Notably, this marks India's first investment-grade bond issuance in the airport sector, with participation from global institutional investors including Apollo-managed funds, BlackRock, and Standard Chartered.Read more

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NHAI launches 15-day nationwide monsoon preparedness drive to tackle highway waterlogging

24 Jun 2025

The National Highways Authority of India (NHAI) has initiated a 15-day intensive drive to combat monsoon-related challenges, particularly flooding and waterlogging, on national highways. As part of this effort, NHAI teams, including contractors and consultants, are inspecting vulnerable stretches across the country. Measures such as drain cleaning, pothole repair, desilting of culverts and rainwater harvesting systems, and placement of emergency equipment are being implemented to ensure safe and smooth traffic flow during the rainy season.Read more

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Lucknow gets new IT, residential, and commercial zones near Sultanpur Road

24 Jun 2025

The Lucknow Development Authority (LDA) is developing 10 high-tech sectors across 2,858 acres near Sultanpur Road and Kisan Path, with designated zones for IT parks, housing, commercial hubs, civic spaces, and institutions. An additional 188 acres are allocated for a Central Park and golf course. The layout features a grid-road system and eco-friendly planning, including rainwater harvesting and green-building standards. Public transport will be supported with dedicated bus, cycling, and pedestrian lanes. LDA's land-pooling scheme has secured 186 acres from 39 landowners, enabling plans for 5,000 residential plots and extensive industrial and commercial development, all aimed at job creation and regional growth.Read more

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Bondada Group wins 400 MWh battery storage contract from Tamil Nadu Green Energy Corp

24 Jun 2025

Bondada Group has secured a significant 400 MWh battery energy storage system (BESS) project from Tamil Nadu Green Energy Corporation Limited (TNGECL), marking a key development in Tamil Nadu's push towards grid stability and renewable energy integration. The standalone BESS facilities will be installed at Vellalaviduthi and Thennampatty, with the project set to operate under a build-own-operate model. Tamil Nadu Generation and Distribution Corporation Limited (TANGEDCO) has entered into a 12-year energy storage purchase agreement with the company, enabling two full charge-discharge cycles daily to manage peak demand and ensure uninterrupted power delivery.Read more

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Noida Airport deploys India's first homegrown runway cleaning machine for safer flights

24 Jun 2025

Noida International Airport has joined hands with Anlon Technology Solutions to introduce the Cleanjet RRM, India's first indigenously built runway rubber removal machine. Mounted on the Eicher Pro 6028 chassis and compliant with Bharat Stage-VI norms, the machine offers a 100% chemical-free, high-efficiency solution for cleaning rubber deposits, oil spills, and paint markings using ultra-high-pressure water jets. Capable of covering up to 1,100 sq. m per hour, it promises improved safety and sustainability in runway maintenance.Read more

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