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

PVV Infra eyes 13 NHAI wayside amenities projects on major highway corridors

28 May 2026

PVV Infra is expanding its presence in India’s highway infrastructure sector with plans to pursue 13 National Highways Authority of India (NHAI) wayside amenities projects across key road corridors. The company has already bid for projects on the Gwalior-Jhansi stretch and near Ujjain, while more bids are being prepared for the Delhi-Dehradun corridor. The proposed developments will include fuel stations, EV charging points, food courts, truck terminals, retail spaces and rest facilities. The move comes as NHAI continues to push organised highway infrastructure to support rising traffic movement, logistics demand and long-distance travel across the country.Read more

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DMRC strengthens last-mile connectivity across Delhi-NCR with integrated mobility solutions

28 May 2026

• Delhi Metro Rail Corporation (DMRC) is expanding last-mile connectivity services across Delhi-NCR through integrated mobility solutions linked with metro stations.
• The initiative includes bike taxis, auto-rickshaws and cab services integrated with metro travel through digital platforms and mobile applications.
• DMRC has partnered with Sahkar Taxi Cooperative Ltd. to improve first- and last-mile transport access for daily commuters.
• Additional metro train trips and station connectivity upgrades are also being introduced to improve commuter movement and reduce dependence on private vehicles.
• The move is part of DMRC’s broader focus on sustainable urban transport, multimodal connectivity and improved public transport usage in Delhi-NCR.
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Daman civil airport expected to commence operations in June with Delhi route planned

28 May 2026

Daman’s new civil airport is expected to become operational in June as authorities prepare to introduce commercial flight connectivity from the Union Territory. Developed at an estimated cost of INR 97 crore, the airport project is aimed at improving regional air connectivity, tourism access and economic activity in Dadra and Nagar Haveli and Daman and Diu. The first phase is expected to include flight services to Delhi, while additional connectivity to Mumbai and Ahmedabad is planned in subsequent stages as part of broader regional infrastructure development efforts.Read more

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Andhra Pradesh to prepare coastline development plan to boost blue economy and marine trade

28 May 2026

• Andhra Pradesh Chief Minister N. Chandrababu Naidu has directed officials to prepare a comprehensive coastline development plan for the state’s 1,000-km coastal belt.
• The proposed roadmap will focus on coastal infrastructure, investments, employment generation, fisheries and commercial activities linked to the blue economy.
• The government plans to strengthen aquaculture and improve value addition in shrimp and fish exports, where Andhra Pradesh already holds a leading position in India.
• Officials have also been asked to study marine biodiversity protection and explore the potential of rare earth minerals available along the coastline.
• The initiative is expected to support port-led development, industrial growth and economic activity across coastal districts of Andhra Pradesh.
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MahaRail completes installation of all 40 stay cables for under-construction Byculla bridge

28 May 2026

• Maharashtra Rail Infrastructure Development Corporation has completed the installation of all 40 stay cables for the under-construction Byculla Cable-Stayed Road Over Bridge in Mumbai.
• The four-lane bridge spans 916 metres and includes a 50-metre-high pylon designed to improve east-west connectivity across Byculla.
• The project is being developed at an estimated cost of around INR 287 crore and is expected to improve traffic movement between South Mumbai, Dadar and the Eastern Express Highway.
• Officials stated that the bridge is in its final phase of construction and is expected to provide weather-resilient connectivity for commuters.
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IRFC signs INR 13,527 crore refinancing deal for Hyderabad Metro project

28 May 2026

State-owned Indian Railway Finance Corporation (IRFC) has signed an agreement with L&T Metro Rail (Hyderabad) Ltd to refinance the debt obligations of the Hyderabad Metro Rail project through a term loan of INR 13,527 crore. The company plans to disburse INR 13,500 crore by June 2026. This marks IRFC’s first financing deal in the metro rail segment and signals its entry into urban infrastructure funding beyond the railway sector. To support the transaction, IRFC has raised USD 1.1 billion through external commercial borrowings in Japanese Yen and is targeting overall fundraising of INR 70,000 crore during the current financial year.Read more

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ACME Solar signs 25-year agreement with SECI for 300 MW peak power project

28 May 2026

ACME Solar Holdings has signed a 25-year power purchase agreement with Solar Energy Corporation of India for a 300 MW/1,200 MWh ISTS-connected assured peak power project. The project was awarded under SECI’s FDRE Tranche-VII tender and will supply four hours of guaranteed electricity during non-solar hours. The company said the project will use its existing night-time grid connectivity in high irradiation zones. Following this agreement, ACME Solar’s PPA-signed portfolio has increased to 6,570 MW out of its total contracted capacity of 8,070 MW, strengthening its presence in the renewable energy and storage segment.Read more

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Hitachi Construction Machinery to rebrand as Landcros Corp from April 2027

27 May 2026

• Hitachi Construction Machinery Co Ltd plans to change its corporate name to Landcros Corp from April 1, 2027.
• The rebranding marks a major identity shift for the global construction and mining equipment manufacturer.
• The company has not announced any operational or management changes linked to the new name.
• Hitachi Construction Machinery has a strong international presence, including in infrastructure and mining markets across Asia and India.
• The move comes as global industrial companies increasingly focus on independent branding, technology upgrades and long-term business repositioning.
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MCGM issues tender for comprehensive maintenance and conservation of heritage monuments in Mumbai Fort precinct

27 May 2026

MCGM has floated a tender for appointment of a triennial contractor to undertake conservation, cleaning, security and operational maintenance of monuments and heritage structures across Mumbai’s Fort Heritage Precinct. The scope covers restoration of fountains, statues, pyaavs, landscaping, electrical systems and round-the-clock security arrangements for key heritage assets including Flora Fountain and Fitzgerald Fountain. The civic body has also laid down detailed financial, technical and contractual conditions related to deposits, performance guarantees, maintenance obligations and defect liability responsibilities for contractors participating in the project.Read more

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Maharashtra plans Samruddhi Expressway extension to improve connectivity and economic growth

27 May 2026

• Maharashtra Chief Minister Devendra Fadnavis said the proposed Samruddhi Expressway extension is expected to improve economic activity and connectivity in eastern Maharashtra.
• The expansion is likely to connect districts such as Gadchiroli, Chandrapur and Gondia with the state’s larger road and logistics network.
• The Samruddhi Mahamarg has already reduced travel time between Mumbai and Nagpur from nearly 16 hours to around eight hours.
• The state government is positioning the expressway corridor as a major infrastructure and industrial development route with logistics parks, warehousing hubs and manufacturing clusters planned along the network.
• The project forms part of Maharashtra’s larger infrastructure push involving highways, ports, industrial corridors and freight connectivity projects.
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