Advertisement
10 Feb 2026
The expansion of Raxaul Airport in Bihar has moved forward after the state government released INR 207.70 crore for land acquisition and compensation. The project focuses on extending the runway to 2,360 metres, allowing operations of larger commercial aircraft and defence jets. Located close to the India-Nepal border, the airport holds strategic and economic importance. Once upgraded, the facility is expected to support future passenger services and strengthen regional connectivity, while also enhancing emergency and defence readiness in the border belt.Read more
10 Feb 2026
The Maharashtra government has taken a further step on the proposed Purandar airport near Pune by initiating a review of its funding structure ahead of a cabinet discussion. The focus is on finalising land acquisition costs, financial arrangements, and the roles of key state agencies. The project, planned over around 3,000 acres in Purandar taluka, has already received consent from most affected landowners. Authorities are now working to align funding approvals, land transfer timelines, and institutional responsibilities to ensure smoother execution of the long-pending airport project.Read more
10 Feb 2026
Aditya Birla Housing Finance Ltd has strengthened its participation in the Government of India's Pradhan Mantri Awas Yojana Urban (PMAY-U) 2.0, focusing on improving access to housing finance for eligible first-time homebuyers across urban India. The company is offering PMAY-linked home loans with longer repayment tenures, higher loan-to-value ratios and simplified documentation aimed at economically weaker, low-income and middle-income households. The initiative aligns with the government's Housing for All objective and comes amid a broader push to expand formal housing finance penetration. With affordability remaining a key constraint for urban homeownership, the lender's approach highlights the role of housing finance companies in enabling demand-led growth within the affordable housing segment under the revised PMAY-U framework.Read more
10 Feb 2026
The National Highways Authority of India has accepted an offer of INR 9,500 crore from Raajmarg Infra Investment Trust for the monetisation of five operational highway sections spanning 260 km across four states. The transaction forms part of NHAI's ongoing asset monetisation programme under the National Monetisation Pipeline. The highways are located in Jharkhand, Andhra Pradesh, Tamil Nadu and Karnataka and include key freight and urban corridors. NHAI has indicated that the Public InvIT structure allows retail investors to participate in revenue-generating infrastructure assets while enabling the authority to recycle capital into new projects. Further asset transfers to the InvIT are planned over the medium term.Read more
10 Feb 2026
Delhi's Public Works Department has begun a pilot initiative to ease traffic congestion at the Rajghat and Shanti Van intersections on Ring Road by removing traffic signals and introducing a structured U-turn system. The trial aims to reduce stoppages and improve vehicle flow on this high-traffic corridor connecting central, north and east Delhi. Road safety elements such as reflective lane markers, flexible medians and advance signage have been added to support the change. Officials will study traffic movement during the trial before considering similar interventions at other congested junctions in the city.Read more
10 Feb 2026
The Delhi government is planning to construct a new bridge over the Yamuna River to address rising traffic congestion and improve connectivity between east and west Delhi, officials said. The proposed structure will link key thoroughfares and is expected to reduce travel times for commuters, decongest existing crossings and support economic activity in growing urban corridors. A preliminary alignment study has been completed, and authorities are moving towards detailed project preparation, including environmental and feasibility assessments. The bridge is intended to integrate with the city's broader urban transport network, complementing metro, road and ring road connectivity. Funding and implementation timelines are being finalised, with the government indicating that the project will be pursued in consultation with central agencies and relevant municipal bodies.Read more
10 Feb 2026
Surat Airport is preparing to expand its domestic connectivity with three new flight services under the upcoming summer schedule. The airport is set to receive a daily flight to Noida's Jewar airport, a five-day-a-week service to Navi Mumbai, and an early morning flight to Mumbai that is currently under final review. The return of the Mumbai route after a four-year gap is expected to improve travel convenience. Aviation officials believe these additions will strengthen Surat's role as a regional air hub.Read more
10 Feb 2026
The National Highways Authority of India has confirmed significant subsidence at one of the piers of the Moothakunnam Kottappuram bridge on NH-66 in Kerala. An inspection by an independent engineer recorded a settlement of around 500 mm. The project is being executed under a hybrid annuity model, making the concessionaire responsible for design and safety. NHAI has ordered a detailed technical investigation and corrective measures at the concessionaire's cost, while also approving INR 11.59 crore for maintenance of the adjoining highway stretch.Read more
10 Feb 2026
The Maharashtra government has decided to move ahead with the comprehensive development of Baramati airport to address safety gaps and infrastructure limitations. The plan includes strengthening the runway, installing modern navigation systems and improving air traffic monitoring, following concerns raised after a recent aircraft accident near the airstrip. The Maharashtra Airport Development Company Limited will lead the upgrade process. Baramati airport currently operates with limited facilities and no full-time air traffic control, relying mainly on visual conditions. The redevelopment aims to improve safety and support regional connectivity, with the state also reviewing whether existing plans need revision to meet current aviation standards.Read more
10 Feb 2026
Swan Defence and Heavy Industries Limited has secured a defence export order from the Government of the Sultanate of Oman to build a naval training ship for the Royal Navy of Oman. The 104-metre-long vessel will be delivered within 18 months and is designed to support advanced naval training at sea. It will accommodate up to 70 officer cadets and feature classrooms, training offices, an auditorium and modern navigation and communication systems. The ship will also be capable of helicopter operations. The order highlights India's growing capabilities in defence shipbuilding and exports, while strengthening maritime cooperation between India and Oman and reinforcing India's position in the global naval manufacturing landscape.Read more
Advertisement
10 Feb 2026
Work is progressing on a major rail infrastructure upgrade along Mumbai's Western Railway corridor with the replacement of the Vaitarna River railway bridge under the Virar& Dahanu Road quadrupling project. Led by the Mumbai Railway Vikas Corporation, the project will expand the existing two-track section into a four-track corridor, allowing suburban and long-distance trains to run on separate lines. Two new bridges are being built to replace the ageing structure, improving capacity and reliability. One bridge is nearing completion, while the second is scheduled for commissioning by March 2027. The project is expected to ease congestion, improve punctuality and strengthen rail connectivity in the northern Mumbai Metropolitan Region.Read more
10 Feb 2026
Bharat Taxi, India's first co-operative ride-hailing platform, has been launched by Union Cooperation Minister Shri Amit Shah in Delhi-NCR and Gujarat, with plans for pan-India expansion over three years. Developed by eight major co-operative organisations, including Amul, it gives drivers ownership, fair profit sharing, and social security coverage. Operating on a zero-commission, surge-free model, the platform allows bookings for cars, three-wheelers, and two-wheelers. Over 2.5 lakh drivers and 8.5 lakh passengers have joined. The platform prioritises driver welfare, women's safety, and cooperative governance through direct profit distribution and representation on its board.Read more
10 Feb 2026
Kerala has approved a Regional Rapid Transit System connecting Thiruvananthapuram and Kasaragod over 583 km, aiming to enhance mobility and regional development. The project will mostly use elevated tracks to reduce land acquisition and environmental disruption and will integrate with existing and proposed metro networks. Estimated at INR 1.92 lakh crore, the project will be implemented in four phases over around 12 years, with funding shared between the state, central government, and international loans. Experts note speed and long-distance travel limitations, but the plan is considered practical and socially feasible.Read more
09 Feb 2026
The Brihanmumbai Municipal Corporation received only two bids for developing a helipad at the Worli jetty on a public private partnership (PPP) basis, showing limited private sector interest. The proposals came from JSW and Raymonds, both with experience in helicopter operations. The helipad will support medium-class helicopters for emergency medical evacuations, coastal surveillance, and VIP movement. The revenue-sharing PPP model requires the selected firm to pay BMC a fixed monthly sum of INR 1 lakh and a share of operational revenue, while also enhancing the site's aesthetics and ensuring aviation compliance.Read more
09 Feb 2026
The Union government has earmarked INR 3,244 crore in the Union Budget for the much-anticipated Kolhapur Vaibhavwadi railway project, a key route aimed at strengthening connectivity between western Maharashtra and the Konkan region. The allocation represents half of the estimated overall project cost and will support land acquisition and early works once procedural formalities, including the conclusion of local elections, are complete. The new line is expected to stretch around 106 kilometres with multiple stations, requiring significant tunnelling and elevated structures to traverse the Sahyadri mountain ranges. Once completed, it will link Kolhapur on the Pune Kolhapur section with Vaibhavwadi on the Konkan Railway, enhancing freight and passenger movement between the hinterland and coastal corridors. The state government and rail authorities are expected to contribute the remaining funding share and expedite implementation.Read more
09 Feb 2026
The City and Industrial Development Corporation (CIDCO) of Maharashtra is driving an infrastructure-led approach to guide and stabilise urban growth across the state. Built on the vision of creating self-sufficient, well-planned cities, CIDCO focuses on integrating housing, transport, utilities and social infrastructure within unified master plans. Its flagship development, Navi Mumbai, continues to reflect this philosophy as the state faces rapid urban expansion. Current initiatives include coordinated transport networks, improved water supply systems and connectivity projects linked to major infrastructure such as the Navi Mumbai International Airport. Through planned growth across nodes like Panvel and Ulwe, CIDCO aims to balance urban scale with liveability, sustainability and long-term resilience.Read more
09 Feb 2026
IRB Infrastructure recorded a 15 per cent year-on-year increase in toll revenue in January 2026, with collections rising to INR 750 crore compared to INR 650 crore in the same month last year. The reported figures include toll earnings from both IRB InvIT Fund (Public InvIT) and IRB Infrastructure Trust (Private InvIT). Key assets across Maharashtra, Gujarat and Telangana continued to drive revenue growth, reflecting steady traffic momentum across the portfolio. The IRB MP Expressway emerged as the largest contributor, followed by the Ahmedabad-Vadodara Super Express Tollway and the Golconda Expressway on Hyderabad's Outer Ring Road. Management indicated that traffic growth trends remain encouraging and are expected to strengthen further with the commencement of tolling on the TOT-17 project during the month.Read more
09 Feb 2026
LeafyBus Electric Mobility and Eicher Trucks & Buses have formed a strategic partnership to deploy 100 electric intercity sleeper buses across India, aiming to expand zero-emission travel on medium- and long-distance routes. Under the agreement, LeafyBus will supply electric powertrain systems, while Eicher will handle bus body manufacturing and market rollout. The electric sleeper buses are designed for overnight travel, offering improved comfort, lower noise and reduced operating costs for operators. The rollout will focus on major intercity corridors, supported by growing government incentives for electric mobility. The partnership reflects rising interest in sustainable commercial transport as battery technology and charging infrastructure continue to improve nationwide.Read more
09 Feb 2026
Railway Minister Ashwini Vaishnaw has flagged land acquisition as a major constraint affecting the progress of railway projects in Kerala, noting that only about 14 per cent of the required land has been acquired so far. Speaking in the Rajya Sabha, the minister said the Centre has allocated INR 3,795 crore for railway development in the state this year, a tenfold increase compared to earlier years. He underlined that several capacity expansion projects are underway, which could nearly double rail line capacity in Kerala, but stressed that progress depends heavily on support from the state government. Vaishnaw also indicated that the Centre remains open to reconsidering a high-speed rail corridor, provided environmental concerns are addressed and land acquisition moves forward.Read more
09 Feb 2026
The robotic parking tower near Mumbai's Mumbadevi temple, planned at INR 122 crore for 600 vehicles, remains stalled due to heritage and aesthetics concerns raised in mid 2024. The contractor, M/s SMS Limited, has issued a legal notice to the BMC seeking INR 55 crore in damages, citing unjustified suspension and mounting costs. BMC officials maintain that the project had no irregularities and warned of rising expenses, while local traders stress the need for the facility. The dispute highlights tensions between urban development and cultural preservation.Read more
Advertisement
