12 May 2026

The Telangana government has approached the Centre for approval of the proposed Hyderabad Metro Rail Phase-II project, estimated at INR 38,595 crore. The expansion plan covers 122.9 km across seven corridors and aims to improve connectivity in fast-growing residential and commercial areas of Hyderabad. Chief Minister A. Revanth Reddy recently met Union Housing and Urban Affairs Minister Manohar Lal Khattar in New Delhi and requested faster clearance for both Metro Phase-II and the proposed airport connectivity corridor under Phase-III. The state government has also submitted detailed project reports and is pushing for quicker implementation of the expansion plan.Read more

12 May 2026

Uttar Pradesh Chief Minister Yogi Adityanath inaugurated a newly built two-lane bridge in Gorakhpur’s Taramandal area at a cost of about INR 14.3 crore. The bridge has been constructed over a water body to improve local connectivity and support growing residential and commercial movement in the region. During the inauguration, he highlighted the need for citizens to take responsibility for maintaining public infrastructure and cleanliness. He also noted the transformation of Taramandal from a flood-prone locality into a fast-developing urban zone driven by continuous infrastructure expansion.Read more

12 May 2026

Simhastha Kumbh Mela in Nashik will be organised as a technology-driven and environmentally conscious religious gathering, according to Maharashtra Chief Minister Devendra Fadnavis. Speaking during an industry and investment-related event linked to Kumbh preparations earlier this week, the chief minister said the state government intends to deploy digital systems extensively for crowd management, coordination and public services while maintaining the spiritual character of the event. The administration is also planning river-cleaning measures, sewage treatment infrastructure and sustainability-focused interventions ahead of the large-scale gathering scheduled to begin later this year. The event is expected to support economic activity and infrastructure development across Nashik district, including projects such as the Nashik Ring Road.Read more

12 May 2026

Kolkata’s metro network has received fresh government approval for infrastructure strengthening focused mainly on the North-South Metro corridor. The plan includes allocation of nearly INR 895.3 crore for system upgrades, with a major share directed towards improving power supply, traction substations, and signalling systems. These upgrades are expected to support higher train frequency and improve reliability for daily commuters. The initiative also aims to address operational stress caused by rising passenger demand and ageing infrastructure, while improving coordination across agencies handling metro execution and maintenance.Read more

11 May 2026

KEC International, part of the RPG Group, has secured new orders worth INR 1,002 crore across its transmission and distribution, renewable energy, transportation, and cables businesses. The contracts include a 500 kV HVDC transmission line project in western India, cabling works in eastern India, and equipment supply in the Americas. The company has also won a wind energy project exceeding 100 MW in southern India and signalling contracts in the railways segment. These additions strengthen its domestic and international order book, particularly in high-voltage transmission and renewable energy. The company operates across more than 110 countries, covering EPC and infrastructure supply segments.Read more

11 May 2026

UltraTech Cement has identified rising plastic packaging costs, fuel-linked expenses and freight pressures as key operational challenges amid ongoing geopolitical disruptions in West Asia. The company stated that sharp increases in polymer and plastic raw material prices significantly raised cement bag costs during the March quarter, resulting in an additional expenditure of around INR 90 crore. Despite near-term cost pressures and currency-related losses linked to rupee depreciation, the company said it remains on track for double-digit volume growth in FY27 and continues to pursue aggressive capacity expansion plans. UltraTech has also outlined annual capital expenditure investments of INR 8,000–10,000 crore as it targets cement production capacity of 240 MTPA by FY28.Read more

11 May 2026

Adani Ports is planning to invest up to INR 13,000 crore to scale up its marine fleet and strengthen maritime operations following strong FY26 financial and operational growth. The company reported a 25% rise in revenue to INR 38,736 crore and became the first Indian integrated transport operator to handle more than 500 million metric tonnes (MMT) of cargo in a single financial year. APSEZ’s marine business also recorded significant expansion during the year, supported by fleet additions and higher operational activity. The proposed investment forms part of the company’s broader logistics and shipping strategy amid changing global trade patterns, geopolitical disruptions in shipping corridors and increasing focus on integrated port-led infrastructure networks.Read more

11 May 2026

The Maharashtra government has moved ahead with the Mumbai Water Metro project aimed at reducing congestion across Mumbai and the wider metropolitan region through an expanded urban water transport network. The Maharashtra Maritime Board has signed an MoU with Norway-based maritime technology firm Hyke AS to support vessel deployment and explore shipbuilding opportunities in the state. The project’s detailed plan includes upgrading 24 existing terminals and developing 21 new terminals across multiple coastal and creek routes within the Mumbai Metropolitan Region.Read more

11 May 2026

The Station Area Traffic Improvement Scheme (SATIS) flyover project in Kalyan has achieved a major construction milestone with the successful launch of the final girder of its longest flyover. Built using Malaysian concrete technology, the 1,125-metre structure is expected to improve traffic flow around the heavily congested Kalyan railway station area. The larger SATIS project includes multiple interconnected flyovers aimed at reducing traffic bottlenecks and improving connectivity for daily commuters. Delays linked to land acquisition, legal matters and technical clearances had increased project costs over the years, but authorities are now accelerating the remaining work.Read more

11 May 2026

Reliance Industries Ltd is set to undertake a scheduled maintenance shutdown at part of its Jamnagar refinery complex in Gujarat later this month, with the exercise expected to continue for three to four weeks. The shutdown will involve a crude distillation unit and certain secondary processing units at the company’s 660,000 barrels-per-day refinery catering primarily to the domestic fuel market. The maintenance programme is being staggered alongside refinery operations at Nayara Energy to avoid disruption in domestic fuel availability amid geopolitical uncertainty in West Asia and pressure on global shipping routes. Government officials stated that refinery shutdowns across India are being coordinated to ensure uninterrupted supplies of petrol, diesel and LPG while maintaining operational safety and equipment reliability.Read more