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

ITP Aero begins construction of INR 453 crore manufacturing facility at Hyderabad’s Hardware Park

07 May 2026

ITP Aero has commenced construction of its India manufacturing facility with an investment of INR 453 crore at Shamshabad, Hyderabad. The project, spread across 10 acres in Hardware Park Phase III, will produce critical aeroengine components and is expected to become operational by 2027. The facility is projected to generate around 350 skilled jobs initially, with workforce expansion to approximately 600 over time. The development reflects growing investments in aerospace manufacturing and precision engineering infrastructure in Telangana.Read more

cover photo

India opens 600 km expressway in Uttar Pradesh with USD 4 billion investment

07 May 2026

India has opened a major 600 km expressway in Uttar Pradesh, developed with an investment of around USD 3.82 billion (INR 362.30 billion). The project connects 12 districts and is expected to improve travel time between Meerut and Prayagraj significantly. Built by Adani Enterprises and IRB Infrastructure Developers, the six-lane greenfield corridor is being positioned as a key route for future industrial activity. The development comes as the government continues to increase infrastructure spending, with a strong focus on connectivity, economic growth, and regional development after the pandemic period.Read more

cover photo

Chhattisgarh launches INR 119 crore lift irrigation project in Jashpur to cover 4,933 hectares across 13 villages

06 May 2026

The Chhattisgarh government has commenced construction of a pressurised lift irrigation project in Jashpur district with an estimated cost of INR 119 crore. The scheme, inaugurated in the past week, will irrigate over 4,933 hectares of land across 13 villages, benefiting predominantly rain-dependent farmers. Implemented under the Centre’s SAMRIDHI-M-CAD programme, the project involves a modern underground pipeline network replacing traditional canals. With partial central funding of INR 95.89 crore, the system will incorporate solar power, SCADA and IoT-based monitoring. Expected to be completed within six months, the project aims to improve water-use efficiency, support year-round irrigation, and strengthen agricultural productivity in the region.Read more

cover photo

Centre plans dedicated scheme to scale floating solar projects as installed capacity reaches 150 GW

06 May 2026

The Union government is preparing a dedicated scheme to promote floating solar projects, aiming to address land constraints in solar deployment and accelerate capacity addition. The proposal, discussed in the past week, seeks to encourage states to undertake larger-scale projects on water bodies, where installations offer higher efficiency due to natural cooling. India’s total solar capacity has reached 150.26 GW, up from 2.82 GW over the past decade, though floating solar accounts for only around 700 MW. The announcement was made alongside the launch of an expanded industry platform by the National Solar Energy Federation of India to support broader decarbonisation across sectors.Read more

cover photo

124 villagers hand over land for Vadhvan Port project in Palghar, enabling progress on key infrastructure corridor

06 May 2026

In Palghar district, Maharashtra, 124 villagers from Varor have voluntarily handed over around 2.5 hectares of land to the administration for the Vadhvan Port project after agreeing to government terms. The parcel, comprising 41 subdivisions, is considered strategically important for port infrastructure and had faced delays due to survey disputes. The land transfer follows direct consultations between officials and residents, with landowners opting to settle compensation matters without litigation or advance payment. The INR 76,220 crore greenfield port, being developed near Dahanu by a joint venture between JNPA and the Maharashtra Maritime Board, involves large-scale marine reclamation and is expected to rank among the world’s major container ports.Read more

cover photo

Maharashtra diverts 937 hectares of forest land in Gadchiroli for steel plant development

06 May 2026

The Maharashtra government has approved the diversion of 937 hectares of forest land in Gadchiroli for a proposed steel plant project, according to developments reported in the past week. The decision is linked to investments by Lloyds Metals and Energy Ltd, which has been expanding its mining and industrial footprint in the district. The land diversion forms part of a broader push to accelerate industrialisation in the region, supported by iron ore resources and planned infrastructure. The move has also drawn attention due to its environmental implications, given the scale of forest land involved.Read more

cover photo

Uttar Pradesh to keep Ganga Expressway toll-free for 15 days from opening to encourage initial public use

06 May 2026

The Uttar Pradesh government has announced that the Ganga Expressway will remain toll-free for 15 days from the start of its commercial operations, allowing public access without user charges during the initial phase. The directive, issued in the past week, instructs concessionaires IRB Infrastructure Developers Ltd and Adani Infrastructure to suspend toll collection temporarily. The expressway, developed under a public-private partnership model, spans from Meerut to Prayagraj and connects 12 districts. While toll rights extend for 27 years, the state will compensate operators for revenue loss during the free-use period. The move is intended to promote early adoption, enable users to assess infrastructure quality, and support regional connectivity.Read more

cover photo

Private airport operators seek UDF hike and regulatory relief after cut in landing charges impacts revenues

06 May 2026

Private airport operators have approached the civil aviation ministry seeking regulatory support and a temporary increase in user development fees (UDF) for international passengers to offset revenue losses following a 25% reduction in landing and parking charges for domestic flights. The cut, implemented for three months by the Airports Economic Regulatory Authority (AERA) to support airlines amid rising fuel costs linked to global tensions, is expected to affect airport cash flows and financial stability. The Association of Private Airport Operators (APAO), representing major airport developers, has also requested deferral of payments to the Airports Authority of India and suggested a revision of charges post-relief period. The appeal highlights financial pressures across the aviation ecosystem, with airlines also seeking government support due to rising operational costs.Read more

cover photo

MCD grants urban status to 48 villages in Delhi to enable civic infrastructure upgrades

06 May 2026

The Municipal Corporation of Delhi (MCD) has approved the grant of urban status to 48 villages in the national capital, paving the way for formal civic infrastructure development in these areas. The decision, taken in the past week, is expected to facilitate the provision of municipal services such as roads, drainage, water supply and sanitation. The move aims to integrate these villages into Delhi’s urban planning framework, allowing regulated development and improved service delivery. Officials indicated that the reclassification will support infrastructure investment and align these areas with statutory urban governance norms.Read more

cover photo

Tata Power arm to invest up to INR 6,500 crore in 10 GW solar ingot and wafer manufacturing facility

06 May 2026

Tata Power Renewable Energy Limited (TPREL), a subsidiary of Tata Power, has approved an investment of up to INR 6,500 crore to establish a photovoltaic (PV) ingot and wafer manufacturing facility with a planned capacity of up to 10 GW. The project, to be developed in two phases of 5 GW each, marks the company’s entry into upstream solar manufacturing. The initiative is aimed at strengthening backward integration, reducing reliance on imports, and supporting domestic solar supply chains. The move comes amid policy emphasis on localisation of solar manufacturing, including upcoming regulatory requirements under approved list mechanisms. The company expects the project to enhance supply security for its downstream operations while improving operational efficiencies and supporting long-term growth in renewable energy capacity.Read more

cover photo