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%

Asset class : Infrastructure

BMC serves pollution compliance notice to Metro Line 2B contractor

19 Dec 2025

Mumbai's civic body has issued a show-cause notice to the contractor handling the ready-mix concrete operations at the Metro Line 2B project site in Bandra East for repeatedly failing to follow air pollution mitigation norms laid out in earlier guidelines. Earlier inspections had shown non-compliance despite prior directives to fix the issues. The contractor has been given a short deadline to respond, with the possibility of work being stopped if compliance is not demonstrated. The action reflects broader concerns over construction-related pollution across major infrastructure projects in the city, where enforcement has recently intensified.Read more

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RVNL secures INR 165 crore contract for Gandak River railway bridge in Uttar Pradesh

19 Dec 2025

Rail Vikas Nigam Limited (RVNL) has won a INR 165.04 crore contract from North Eastern Railway to construct the substructure of Bridge No. 50 over the Gandak River, located between Paniyahwa and Valmikinagar stations on the Gorakhpur Cantt Valmikinagar section. The project, part of railway doubling works, includes a 14-span bridge on Double D-type well foundations, designed for double-line operations with 25-tonne axle load capacity. Scheduled for completion in 24 months, the project aims to enhance rail connectivity and operational efficiency in the region. RVNL continues expanding its infrastructure footprint despite a recent dip in net profits.Read more

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ARC recoveries for stressed road assets expected to double by FY27

19 Dec 2025

Asset reconstruction companies (ARCs) in India are set to nearly double recoveries from stressed highway projects by fiscal 2027, potentially exceeding 120 per cent of the security receipts issued. Projects that were stressed between FY17 and FY19 are now becoming viable due to debt haircuts, higher traffic growth, improved toll collections, and timely annuity payments from NHAI. Legal mechanisms such as arbitration and conciliation are aiding faster dispute resolution, especially for terminated projects. These developments reflect a strengthening recovery environment for highway assets under the build-operate-transfer model.Read more

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How satellite tolling will change highway travel in India by 2026

19 Dec 2025

The government has confirmed plans to introduce a satellite-based toll collection system across national highways by the end of 2026. The new model will allow vehicles to move without stopping at toll plazas by using satellite tracking, AI tools, and Automatic Number Plate Recognition, integrated with FastTag. The system is expected to reduce congestion, cut fuel consumption, and improve toll efficiency. Officials estimate fuel savings of about INR 1,500 crore and a revenue increase of nearly INR 6,000 crore once the system is fully operational nationwide.Read more

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Can India hit 60 km a day in highway building What Gadkari's plan means

18 Dec 2025

The Central Government is aiming to accelerate highway construction to 60 km per day, even as new project awards have slowed with the Bharatmala Pariyojana nearing completion. Union Road Transport Minister Nitin Gadkari said the focus has shifted to faster execution, timely clearances and completing ongoing projects. For FY26, the ministry has set a National Highways construction target of 10,000 km, in line with recent years performance. Bharatmala, covering nearly 34,800 km, has been a key driver of road expansion so far. Gadkari also reiterated India's ambition to become the world's largest automobile market in the next decade, underlining the role of infrastructure and agriculture in driving long-term economic growth.Read more

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Andhra Pradesh moves ahead with aviation, aerospace and defence EduCity near Bhogapuram

18 Dec 2025

The Andhra Pradesh government has signed an MoU to develop an integrated Aviation, Aerospace and Defence Education City near Bhogapuram International Airport in Vizianagaram district. The GMR-MANSAS Aviation EduCity will be built on around 136 acres of land provided by the MANSAS Trust, in partnership with the GMR Group. The project aims to address the growing need for skilled professionals across aviation, aerospace and defence sectors. Planned as a comprehensive education and training hub, the campus will offer courses in pilot training, aircraft maintenance, airport operations, aerospace engineering and emerging aviation technologies. The state will develop core infrastructure within a year, with institutions and industry partners joining in phases.Read more

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What Telangana’s takeover of Hyderabad Metro means for commuters

18 Dec 2025

The Telangana government has moved ahead with plans to take over the Hyderabad Metro Rail from Larsen & Toubro, with the process targeted for completion by March 2026. The state will acquire L&T’s equity for INR 2,000 crore and assume outstanding debt of around INR 13,000 crore. Officials have been directed to complete the transition in a structured manner within the next 100 days, ensuring continuity of operations. Post-takeover, the government will frame new operations and maintenance plans for the metro network.Read more

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Road experts push for sustainable materials and safer practices in highway construction

18 Dec 2025

Experts from the road infrastructure sector have called for urgent adoption of sustainable materials and safer construction practices as India's rapid infrastructure expansion puts pressure on natural resources. Officials from CRRI highlighted the growing waste crisis caused by materials such as plastic, steel slag, and construction debris, and outlined new technologies that reuse industrial waste in road building. Industry leaders also stressed the need to balance growth with safety and sustainability, noting that road construction currently contributes significantly to environmental pollution.Read more

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Delhi government floats tenders for two new city forests in Kharkhari Jatmal and Mukhmelpur

18 Dec 2025

The Delhi government has invited tenders to develop two new city forests at Kharkhari Jatmal and Mukhmelpur as part of its wider green cover expansion plan. The Irrigation and Flood Control Department has issued tenders worth a combined INR 2.76 crore, with INR 1.47 crore allocated for Kharkhari Jatmal and INR 1.29 crore for Mukhmelpur. The projects include infrastructure development, land protection, and long-term maintenance and form part of the government's plan to develop 17 city forests across nearly 195 acres.Read more

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Over 570 national highway projects face delays as construction targets set for coming year

18 Dec 2025

More than 570 under-construction national highway projects, with a combined value of around INR 3.60 lakh crore, have overshot their completion timelines, Parliament was informed earlier this week. Delays range from under a year to over three years, while land acquisition and statutory clearances continue to stall several awarded projects.Read more

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Cyclone Ditwah causes INR 75 billion road damage in Sri Lanka: RDA

18 Dec 2025

Sri Lanka's Road Development Authority has reported infrastructure losses of nearly INR 75 billion due to damage caused by Cyclone Ditwah, with total rehabilitation needs estimated at around INR 190 billion. The cyclone damaged 316 roads and 40 bridges, severely disrupting regional connectivity. To fund restoration, the RDA is seeking financial support, including a proposed INR 2 billion loan from the World Bank, along with assistance from other lenders. Other public utilities were also hit, with significant losses reported by electricity and water supply agencies. While essential services have largely been restored, large-scale reconstruction remains a priority, highlighting the significant fiscal and infrastructure challenges facing Sri Lanka's recovery efforts.Read more

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Nagpur sees INR 2,980 crore civic infrastructure rollout ahead of municipal elections

18 Dec 2025

Nagpur has received a major infrastructure push with projects worth INR 2,980 crore being inaugurated and launched across the city and nearby Vidarbha areas. The works cover roads, drainage, sewage, water supply, footpaths and civic facilities, involving agencies such as the Nagpur Municipal Corporation, Nagpur Improvement Trust, Public Works Department, MahaMetro and MahaRail. The programme took place shortly before the State Election Commission announced municipal election dates, bringing attention to the scale of ongoing urban development and the focus on improving basic city infrastructure.Read more

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Binghatti and Mercedes Benz plan first branded city in Dubai with AED 30 billion investment

18 Dec 2025

Dubai's Binghatti Developers and German luxury brand Mercedes Benz have announced a joint real estate project valued at AED 30 billion to build the world's first Mercedes Benz branded city in the Meydan area. The development, known as Mercedes Benz Places Binghatti City, will span over 10 million square feet and include branded residential towers, retail areas, cultural and leisure districts, parks, mobility hubs, wellness zones, and community spaces. This marks the second collaboration between the two companies following a previously successful residential project and represents Binghatti's first fully master planned community. The official launch is planned for early next year.Read more

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Detailed plan for Doxa’s Brunnshogstorget project in Lund gets legal approval

18 Dec 2025

Real estate developer Doxa AB has won approval of the detailed plan for its project near Brunnsh gstorget in Lund from the Land and Environment Court of Appeal, lifting a prior suspension and allowing the project to proceed. The plan covers about 50,000 square meters in the Torgkvarteren area and is mainly for residential development. Archus will now assist Doxa with investment strategy and preparations for building permits. This decision supports ongoing urban growth in Brunnshg, a district designed with strong sustainability goals and mixed uses.Read more

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New Mangalore Port Authority to develop satellite port at Pavinakurve in Karnataka

18 Dec 2025

The New Mangalore Port Authority (NMPA) has decided to develop a satellite port at Pavinakurve on Karnataka's Uttara Kannada coast, after previous attempts by the Karnataka Maritime Board to attract private investment failed. The port, located near the Sharavathi and Badagani rivers, is planned to handle 14 million tonnes of cargo initially, with future expansion potential to 37.4 million tonnes by 2050. The authority will conduct feasibility studies before moving forward. The project aims to improve regional maritime trade and strengthen Karnataka's port infrastructure.Read more

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Gadkari inaugurates eight rail road projects in Vidarbha to improve connectivity and reduce congestion

18 Dec 2025

Union Minister Nitin Gadkari inaugurated eight major rail road projects in Vidarbha as part of a wider set of 12 works costing INR 609 crore. These include four Road Over Bridges (RoBs), three Road Under Bridges (RuBs), and the long-awaited 1,372 metre Lakadganj flyover in Nagpur. The projects aim to eliminate level crossings, reduce traffic congestion, enhance commuter safety, and ensure smoother travel. Built jointly by the Ministry of Railways and Maharashtra government under a 50:50 cost sharing model, the works are expected to support regional mobility and economic growth.Read more

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Centre proposes new law to replace MGNREGA with revised funding and infrastructure focus

17 Dec 2025

The Centre has proposed a comprehensive revamp of the rural employment guarantee programme by replacing MGNREGA with a new law titled the Viksit Bharat Guarantee for Rozgar and Ajeevika Mission (Gramin). The proposed framework raises the annual employment guarantee to 125 days per household and shifts the scheme from an open-ended demand model to a centrally sponsored structure with a defined Centre state funding pattern. The redesign places stronger emphasis on durable rural infrastructure, improved planning, and tighter digital controls to address long-standing concerns over leakages and weak asset creation.Read more

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Centre clears rail survey for Jirania–Bodhjungnagar industrial line in Tripura

17 Dec 2025

Tripura has taken a key step toward strengthening its industrial rail infrastructure after the Centre approved the final location survey for a proposed railway line connecting Jirania with the Bodhjungnagar industrial estate in West Tripura. The 14-km project, with the survey estimated at INR 42 lakh, is expected to improve freight movement and industrial connectivity. State officials believe the rail link will support logistics efficiency for existing industries and encourage future investments in the region while improving overall rail connectivity within the state.Read more

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Vande Bharat Express extended from Vijayawada to Narsapur

17 Dec 2025

Indian Railways has extended the MGR Chennai Central Vijayawada Vande Bharat Express to Narsapur in Andhra Pradesh's West Godavari district, improving high-speed rail access to coastal towns. The service now runs on a branch line for the first time, with stops at Gudivada Junction and Bhimavaram Town. The extension shortens travel time between Narsapur and Chennai to about nine hours, offering a faster option than existing trains. Flagged off by Union Minister B. Srinivasa Varma, the move responds to long-standing passenger demand and supports students, professionals and medical travellers. The extension also complements station upgrades planned under the Amrit Bharat Station Scheme, strengthening regional rail connectivity.Read more

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MPs raise concerns over rail bridge safety and slow project execution

17 Dec 2025

Members of the Rajya Sabha recently raised serious concerns over rail safety, connectivity gaps and delays in project execution across several states. Lawmakers highlighted structural defects in a rail overbridge on the Narmadapuram Itarsi section, calling for strict action and proper reconstruction. They also pressed for extending premium train services, completing long-pending rail lines, and improving station infrastructure. Delays in operationalising a regional rapid transit corridor were questioned as well. The discussion reflected growing concern over safety standards and the slow pace of rail infrastructure delivery.Read more

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