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

Waaree Energies begins operations at 5.15 GWh battery storage manufacturing facility in Gujarat

17 Jul 2026

Waaree Energies Ltd has commenced operations at a battery energy storage system (BESS) container manufacturing facility in Gujarat through its subsidiary, Waaree Energy Storage Solutions Pvt Ltd. The facility has an annual manufacturing capacity of 5.15 GWh, an increase from the originally planned 3.5 GWh, following improvements in production throughput and battery cell energy density. The company also outlined plans to expand its BESS container manufacturing capacity to 20 GWh over time. The development forms part of Waaree's strategy to strengthen domestic energy storage manufacturing as demand for grid-scale storage solutions grows alongside India's renewable energy capacity additions.Read more

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Rampur Development Authority orders demolition of 38 out of 40 buildings at Azam Khan's Jauhar University

17 Jul 2026

The Rampur Development Authority (RDA) has ordered the demolition of 38 out of 40 buildings at Mohammad Ali Jauhar University in Rampur, Uttar Pradesh, after determining that the structures were constructed without approved building plans. The order, issued under Section 27(1) of the Uttar Pradesh Urban Planning and Development Act, 1973, follows a hearing in which the university's explanation was rejected. Authorities have given the university management 15 days to voluntarily remove the allegedly unauthorised buildings, failing which the RDA will carry out the demolition. Officials said only two buildings on the campus had sanctioned plans obtained from the erstwhile district panchayat. The action forms part of the state's ongoing enforcement against unauthorised constructions and follows the university campus coming under the jurisdiction of the Rampur Development Authority in 2024.Read more

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Lucknow Development Authority to prepare GIS-based Master Plan 2051 for State Capital Region

Lucknow News Desk

17 Jul 2026

• The Lucknow Development Authority (LDA) will prepare a GIS-based Master Plan 2051 for the Uttar Pradesh State Capital Region (SCR).
• The comprehensive plan will guide long-term urban growth, infrastructure expansion, land use and environmental conservation across the region.
• Advanced geospatial technology will be used to create a digital planning framework, improving decision-making and project implementation.
• The initiative is expected to support coordinated development across districts while accommodating future population and economic growth.
Read more

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Andhra Pradesh approves revised VMR Master Plan 2041 to guide Visakhapatnam's future growth

Visakhapatnam News Desk

17 Jul 2026

The Andhra Pradesh government has approved the revised Visakhapatnam Metropolitan Region (VMR) Master Plan 2041, providing a long-term framework for urban expansion, infrastructure development and land use across the region. The plan aims to transform Visakhapatnam into a globally competitive metropolitan hub through improved transport networks, planned urbanisation, industrial growth and sustainable development. It also integrates key infrastructure projects, including Bhogapuram International Airport and proposed metro corridors, to support future economic and population growth.Read more

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INR 10 lakh crore infrastructure pipeline to drive demand for construction equipment, says CII-BCG report

17 Jul 2026

India's planned infrastructure investment pipeline of nearly INR 10 lakh crore by 2030 is expected to significantly boost demand for mining and construction equipment (MCE), according to a joint report by the Confederation of Indian Industry (CII) and Boston Consulting Group (BCG). The report highlights that sustained investments across roads, railways, airports, ports, manufacturing, mining and renewable energy will require advanced earthmoving, material handling and specialised construction machinery. While the sector is poised for long-term growth, the report says India must strengthen domestic manufacturing, technology adoption, exports and skill development to emerge as a global hub for construction and mining equipment.Read more

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NHAI opens INR 1,024 crore Madurai Ring Road section to cut travel time and ease city congestion

17 Jul 2026

• NHAI has opened the 29.96-km Vadipatti–Thamaraipatti section of the Madurai Ring Road (NH-744A), developed at a cost of INR 1,024.66 crore, to improve regional connectivity and decongest Madurai city.
• The four-lane bypass connects NH-44 and NH-38, diverting heavy commercial traffic away from the city and significantly reducing travel time, fuel consumption and vehicle operating costs.
• The corridor features flyovers, major and minor bridges, underpasses, service roads, a wildlife overpass and an Advanced Traffic Management System (ATMS) to enhance road safety and ensure smooth traffic flow.
• The project is expected to strengthen connectivity to industrial hubs, logistics centres and tourism destinations across southern Tamil Nadu while improving freight efficiency and supporting regional economic growth.
Read more

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Uttar Pradesh opens INR 4,500 crore Lucknow-Kanpur Expressway to strengthen industrial connectivity

17 Jul 2026

The Uttar Pradesh government has opened the INR 4,500 crore Lucknow-Kanpur Expressway, significantly reducing travel time between the two cities to 35-45 minutes from nearly two hours. Developed as a high-speed greenfield corridor, the expressway is expected to improve passenger and freight movement, strengthen industrial connectivity and support economic growth across central Uttar Pradesh. The project is also expected to ease congestion on National Highway-27, enhance logistics efficiency and boost investments in manufacturing, warehousing and urban development along the Lucknow-Kanpur growth corridor.Read more

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Dholera International Airport nears completion with operations targeted by October

17 Jul 2026

Construction of Dholera International Airport in Gujarat is around 80% complete, with the facility expected to become operational by October this year, according to Union Civil Aviation Minister Kinjarapu Ram Mohan Naidu. During a review of the project, the minister said the runway, taxiway, Air Traffic Control (ATC) tower and ancillary infrastructure have been fully completed, while work on the passenger terminal has reached 75%. The airport, being developed as part of the Dholera Special Investment Region, will feature a 25,000 sq m passenger terminal capable of handling 2 million passengers annually and a dedicated cargo terminal. The project is integrated with planned industrial, semiconductor and transport infrastructure, including a high-speed rail corridor, and is intended to support manufacturing, logistics, aerospace and aviation-related investments in the region.Read more

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BMC to launch integrated portal for construction waste tracking and soil exchange

Mumbai News Desk

17 Jul 2026

The Brihanmumbai Municipal Corporation (BMC) is set to launch an integrated digital portal by the end of July to streamline the management of construction and demolition (C&D) waste and facilitate soil exchange across Mumbai. The platform will enable real-time tracking of waste movement, reduce illegal dumping, curb dust pollution and improve compliance with waste disposal norms. The initiative is expected to strengthen transparency in construction activities while supporting sustainable urban development and resource reuse.Read more

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Panki Dham railway station redeveloped with INR 25 crore investment under Amrit Bharat Station Scheme

17 Jul 2026

• Panki Dham railway station in Kanpur has been redeveloped at a cost of INR 25 crore under the Amrit Bharat Station Scheme (ABSS) to enhance passenger amenities and modernise railway infrastructure.
• The upgraded station features a modern station building, improved waiting halls, digital passenger information systems, enhanced security, better sanitation facilities and barrier-free accessibility for passengers.
• The redevelopment aims to improve commuter convenience, accommodate rising passenger traffic and strengthen connectivity for both daily travellers and devotees visiting the nearby Panki Dham temple.
• The project is part of the Indian Railways' nationwide Amrit Bharat Station Scheme, which seeks to transform over 1,300 railway stations into modern, accessible and integrated transport hubs across the country.
Read more

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