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

SECI floats tender for 2,000 MW solar projects with co-located energy storage

17 Jun 2025

The Solar Energy Corporation of India (SECI) has issued a tender to set up 2,000 MW of solar power with co-located energy storage systems (ESS), marking a big step in boosting India's renewable power reliability. Developers will be chosen via tariff-based bidding, and must link projects to the Inter-State Transmission System. Each 1 MW solar unit needs at least 0.5 MW/2 MWh of ESS, charged solely by solar. Projects may span multiple sites but must include co-located storage. This aligns with India's growing push for hybrid energy systems to meet round-the-clock power demand, aiming for 73.93 GW of storage by 2032.Read more

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ACME Solar powers ahead with 75 MW boost at Sikar, edging closer to 300 MW target

16 Jun 2025

ACME Solar Holdings Ltd has made further progress on its ambitious 300 MW solar project in Sikar, Rajasthan, by commissioning an additional 75 MW of capacity. This recent development pushes the total operational capacity at the site to 240 MW, following the earlier activation of 165 MW. With this milestone, the company's overall operational renewable energy capacity has reached approximately 2,806.4 MW. The expansion reflects ACME's ongoing commitment to strengthening India's clean energy infrastructure and supporting national sustainability goals through scalable, high-output solar installations.Read more

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L&T secures major transmission orders worth INR 5,000-10,000 crore across India and the Middle East

16 Jun 2025

Infrastructure giant Larsen & Toubro (L&T) has secured significant transmission infrastructure contracts valued between INR 5,000 crore and INR 10,000 crore from both domestic and international clients. The orders, awarded by key transmission asset owners and operators, include a major project in Andhra Pradesh to integrate a renewable energy zone and a series of gas-insulated substation assignments in the Middle East. This development further strengthens L&T's global standing in the power transmission and distribution sector.Read more

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TEMBO Defence secures 100-acres in Amravati to establish manufacturing facilities for arms and ammunition

16 Jun 2025

TEMBO Defence, a subsidiary of TEMBO Global Industries Ltd, has received assurance from the Maharashtra government for a 100-acre land allocation in Amravati to establish a new arms and ammunition manufacturing facility. The Maharashtra Industrial Development Corporation (MIDC) issued a comfort letter confirming the proposed allotment. This move aligns with India's defence localisation efforts under the 'Make in India' and 'Atmanirbhar Bharat' initiatives and is expected to significantly expand domestic capabilities and regional employment.Read more

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Hindustan Copper to invest INR 2,000 crore to triple ore output by FY31

16 Jun 2025

State-owned Hindustan Copper Ltd (HCL) is set to invest approximately INR 2,000 crore over the next five to six years to scale up its mining capacity, primarily at the Malanjkhand Copper Project in Madhya Pradesh. The move is part of a broader strategy to increase ore production from 4 MTPA to 12.2 MTPA by FY31. While the investment excludes the Rakha and Chapri mines in Jharkhand, a JSW Group firm is leading development there under a PPP model with an additional INR 2,600 crore investment. HCL also recorded its highest-ever revenue and profit in FY25.Read more

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SEPC wins INR 650 crore EPC contract for 133 MW solar projects in Maharashtra

16 Jun 2025

Engineering solutions firm SEPC recently announced it has secured an INR 650 crore contract from Parmeshi Urja Ltd to implement a 133 MW solar power project across 26 sites in four districts of Maharashtra. This project, part of the central government's PM-KUSUM Yojana, involves complete EPC services including design, supply, installation, and commissioning. The initiative spans Sambhaji Nagar, Dhule, Solapur, and Nanded, with execution expected to take between 12 to 18 months. SEPC continues to deepen its footprint in India's renewable energy sector by delivering turnkey infrastructure solutions.Read more

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Uttar Pradesh to build Noida-like city in Bundelkhand to boost industrial growth

13 Jun 2025

Uttar Pradesh is fast emerging as a preferred destination for commercial offices and industrial units, thanks to competitive incentives, policy clarity, and a robust business ecosystem. During a recent seminar hosted by Invest UP, top government officials highlighted the state's proactive investment policies and infrastructure readiness. Key announcements included the proposal for a Noida-like city in Bundelkhand and plans for future Global Capability Centre (GCC) events to attract domestic and global investors. The seminar witnessed participation from tech leaders, policymakers, and multinational investors, reinforcing UP's position on the global investment map.Read more

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Howrah Bridge to glow with solar-powered brilliance under Coal India-SMPK pact

13 Jun 2025

Coal India Ltd has partnered with Syama Prasad Mookerjee Port, Kolkata, to transform the iconic Howrah Bridge through a solar-powered dynamic illumination initiative. The project, aimed at showcasing the structural grandeur of the 80-year-old bridge, will feature volumetric and skeleton lighting synchronised with music. Officials confirmed that the upgraded lighting would vastly improve the existing setup and enrich the nightly experience for lakhs of commuters and visitors. The tendering process is currently underway, with the project expected to be completed within a year.Read more

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Reliance Defence and Diehl join forces to boost India's guided munition manufacturing

13 Jun 2025

Reliance Defence Ltd has entered into a strategic cooperation agreement with German defence firm Diehl Defence to manufacture the Vulcano 155mm Precision Guided Munition system locally. This partnership, part of the 'Make in India' and 'Atmanirbhar Bharat' initiatives, aims to supply cutting-edge artillery shells equipped with advanced targeting technologies to the Indian Armed Forces. The collaboration, which builds upon an earlier pact signed in 2019, reflects Reliance Defence's intent to emerge among the top three private defence exporters in India. The deal includes the setup of a high-tech manufacturing facility in Maharashtra.Read more

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Adani Group eyes cement boom as USD 2.2 trillion infrastructure push fuels sector growth

13 Jun 2025

ACC Cement, part of the Adani Group's rapidly expanding cement vertical, is poised to benefit significantly from India's anticipated infrastructure investment of around USD 2.2 trillion by 2030. The company, which surpassed the 100 MTPA production milestone recently, has set its sights on reaching 140 MTPA by FY 2027-28. With strong backing from Adani Group's integrated logistics and energy infrastructure, ACC is enhancing cost efficiency, supply chain speed, and sustainability while playing a pivotal role in India's construction and economic development journey.Read more

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