23 Jan 2026

State-owned National Highways Authority of India (NHAI) and Konkan Railway Corporation Ltd (KRCL) have signed an umbrella memorandum of understanding to strengthen integrated infrastructure development across the country. The agreement focuses on closer coordination between road and rail planning, particularly in difficult and challenging terrains where joint solutions can improve efficiency, safety and economic outcomes. Key areas of collaboration include rail-cum-road bridges, tunnels, multi-modal logistics parks, inter-modal hubs and grade separators at locations where highways intersect or run alongside railway lines. The partnership will also allow NHAI to leverage KRCL's experience in complex bridge and tunnel projects, safety audits and slope stabilisation, while jointly adopting advanced technologies and digital tools to enhance project monitoring, asset management and overall infrastructure delivery.Read more

23 Jan 2026

Resident Welfare Associations (RWAs) in Gurugram have urged the government to take responsibility for constructing stalled 24-metre internal sector roads in newly developed sectors adjoining the Dwarka Expressway, citing long-standing gaps in land acquisition that have left key link roads incomplete and homes dependent on narrow village routes for access. At a press conference under the Dwarka Expressway Gurgaon Development Association (DXP GDA) banner, residents highlighted bottlenecks in Sectors 112, 99A and 109, where stretches of planned arterial roads remain unfinished because small parcels of land have not been acquired. RWAs argue these missing internal links undermine connectivity, affect daily commuting, and reduce safety for thousands of residents. Government planning officials clarified that internal roads fall under developers obligations, but said the issue could be examined at the policy level.Read more

23 Jan 2026

The Delhi government is accelerating the expansion of the Delhi Metro network under Phase IV to reduce road congestion, cut pollution and improve urban mobility. Funding has been cleared for three new corridors spanning about 47.2 km, with a total project cost of INR 14,630.80 crore, including the Delhi government's share of INR 3,386.18 crore. The corridors will connect Lajpat Nagar Saket G-Block, Inderlok Indraprastha, and Rithala Kundli, strengthening access across south, north and central Delhi and extending into neighbouring regions. The expansion aims to encourage a shift to public transport, ease traffic pressure and support cleaner travel. Construction and tendering are underway, with completion targeted within four years.Read more

23 Jan 2026

Skanska AB has secured the contract for the second phase of a hospital project in Turku, Finland, with a project value of around EUR 50 million or nearly SEK 540 million. The development is part of a broader effort to upgrade healthcare infrastructure in the city. Skanska will handle core construction works, adhering to Finland's strict healthcare building standards. The project adds to the company's Nordic portfolio, where healthcare developments continue to see steady public investment.Read more

22 Jan 2026

Madinet Masr for Housing and Development has signed a memorandum of understanding with Aboelwafa for Contracting and Real Estate Investment to execute construction works worth about EGP 3.3 billion at its Taj City project. The agreement covers the construction of around 40 residential buildings along with supporting infrastructure. The works are planned to be completed by the end of 2027. The move reflects Madinet Masr's ongoing focus on advancing phased development at Taj City through strategic contractor partnerships.Read more

22 Jan 2026

Rays Power Infra Limited has been awarded a 300 MW renewable energy project by a Maharatna PSU, adding INR 1,912 crore to its order book of over INR 8,000 crore. The project, to be built in Karnataka under the Co-Development Business Model, will cover land acquisition, ISTS connectivity, and complete EPC execution. Modules will be sourced from the company's upcoming solar cell facility in Madhya Pradesh. With a diversified portfolio of 11,665 MWp and ongoing expansion, Rays Power continues to strengthen its position in India's renewable energy sector.Read more

22 Jan 2026

The Delhi Metro Rail Corporation (DMRC) has completed the relocation and reconstruction of the Park Street Electric Receiving Sub Station (RSS), strengthening power supply for Delhi's expanding metro network. Originally built in 2010, the substation was dismantled to enable the Central Vista redevelopment and rebuilt on alternate land provided by CPWD. The upgraded RSS will support existing corridors and the upcoming Central Vista Metro line between Indraprastha and R K Ashram Marg. Designed for future demand, it features modern transformers, GIS panels, automation systems and energy-efficient infrastructure. Enhanced safety and fire protection systems have also been installed, ensuring reliable and uninterrupted power for current and future metro operations.Read more

22 Jan 2026

L&T Vyoma has started construction of a 40 MW green, AI-ready data centre in Mahape, Navi Mumbai, the first phase of a 100 MW campus. The facility will support enterprise, build-to-suit, and NeoCloud workloads with high-density computing for AI and critical applications. It will feature liquid cooling for thermal efficiency and integrate renewable energy for low-carbon operations. The project strengthens L&T Vyoma's colocation portfolio and aligns with its three-pillar strategy. It also forms part of a national expansion plan to achieve over 200 MW across major digital hubs.Read more

22 Jan 2026

Bank of Baroda and IIFCL have signed an agreement to jointly finance and syndicate loans for a wide range of infrastructure projects in India. The partnership aims to accelerate key infrastructure developments, with a focus on sectors like transportation, energy, and urban development. IIFCL emphasizes long-term and sustainable funding, targeting green finance, MSMEs, and rural projects to promote inclusive growth. With Bank of Baroda's extensive network, the collaboration seeks to offer innovative financing solutions that support India's growing infrastructure needs.Read more

22 Jan 2026

The Adani Group has announced an investment plan of over INR 6 lakh crore spanning aviation, clean energy, urban infrastructure, digital platforms and advanced manufacturing. Presented at the World Economic Forum in Davos, the roadmap covers projects across Maharashtra, Assam and Jharkhand. Key initiatives include aviation and renewable energy projects in Assam, major urban and airport-linked developments in Maharashtra, and investments in data centres, hydropower, manufacturing and energy transition. The strategy reflects a move towards integrated, technology-led infrastructure platforms aligned with national growth priorities.Read more

22 Jan 2026

Maharashtra has signed five MoUs at the World Economic Forum in Davos, including four with Singapore-based firms, to advance the Raigad Pen Smart City project under the Mumbai 3.0 mission. The project, located near the Navi Mumbai International Airport, will be developed through a joint venture model involving private land acquisition and public development. Planned as a major business district focused on fintech and Global Capability Centres, the project is expected to expand up to 1,000 acres and support wider economic growth across Maharashtra.Read more

22 Jan 2026

The Punjab government has approved plans to modernise bus terminals in Ludhiana, Jalandhar, Sangrur, Patiala and Bathinda to improve public transport facilities and commuter experience. The upgrades will be carried out through Public-Private Partnership (PPP) models under the leadership of Chief Minister Bhagwant Singh Mann. With terminals in Ludhiana and Jalandhar handling up to 1 lakh passengers daily, the initiative focuses on easing congestion and improving efficiency. Planned improvements include better waiting areas, upgraded sanitation, organised boarding, improved safety, lighting and parking facilities, along with barrier-free access. The revamped terminals are also expected to function as integrated urban hubs with commercial amenities, supporting smoother, safer and more convenient travel across key districts in Punjab.Read more

22 Jan 2026

KPI Green Energy recorded strong financial performance in the quarter ended December 31, 2025, with consolidated net profit rising nearly 48 per cent to INR 125.80 crore. The growth was driven by a sharp increase in total income, which climbed to INR 676.05 crore from INR 466.09 crore a year earlier. Expenses also moved up during the quarter due to higher operational activity. Alongside the results, the company announced a third interim dividend of INR 0.20 per share for FY26.Read more

22 Jan 2026

New Zealand-based Fletcher Building has agreed to divest its construction division to France's VINCI Construction for NZD 315.6 million, with the consideration potentially rising to NZD 334.1 million subject to the finalisation of certain contracts. The sale forms part of Fletcher Building's broader strategic reset after recent earnings pressure and operational challenges within its construction business. The division includes Higgins, Brian Perry Civil and Fletcher Construction Major Projects. The transaction remains subject to regulatory approvals and is expected to close by the end of calendar 2026.Read more

22 Jan 2026

Uttar Pradesh has announced plans to develop a 250-acre fintech park in Sector-11 of the YEIDA area along the Yamuna Expressway. Designed as a full-fledged fintech ecosystem rather than a traditional IT park, the project will host companies across banking technology, digital payments, insurtech, fintech SaaS, and blockchain. Its proximity to the upcoming Noida International Airport and Delhi-NCR is seen as a major advantage. The Detailed Project Report is being prepared by an international consultancy, with the project expected to create large-scale employment opportunities.Read more

22 Jan 2026

The Uttar Pradesh government has signed an MOU with AM Green Group to set up a 1 gigawatt data centre in Greater Noida with an investment of USD 25 billion. The project, announced at the World Economic Forum in Davos, will be developed in phases, with the first phase starting in 2028 and full capacity targeted by 2030. The carbon-free facility will house around 5 lakh chipsets and support AI, high-performance computing, global hyperscalers, and Indian developers.Read more

21 Jan 2026

Chandigarh's Deputy Commissioner and Estate Officer has set a firm March deadline to complete the digitisation of the city's property records. The project, which began last September, has already scanned around 16 lakh estate office papers and 17 lakh sub-registrar office records, but more work remains to meet the deadline. The digitisation process includes scanning, proofreading, verification, and quality checks. Officials are closely monitoring progress to ensure accuracy and timely completion. Once done, this digital repository will improve transparency, simplify access, and speed up property record retrieval for citizens and departments.Read more

21 Jan 2026

Central Railway has proposed shifting select long-distance trains from Chhatrapati Shivaji Maharaj Terminus (CSMT) and Dadar to Lokmanya Tilak Terminus (LTT) and Panvel to ease pressure on Mumbai's suburban network. The move is expected to free up train paths on the Main line, allowing around 15 additional local services, including during peak hours. The plan includes rerouting five train pairs and rescheduling six others, along with increasing train lengths to carry more passengers. Railways estimate this could benefit 40,000 to 50,000 commuters daily. The proposal is awaiting Railway Board approval and is aimed at improving efficiency while balancing suburban and long-distance travel needs.Read more

21 Jan 2026

KP Green Engineering has secured fresh confirmed orders worth INR 248.2 crore across renewable energy, transmission, industrial, and infrastructure segments. The new contracts include solar module mounting structures, transmission towers, railway crash barriers, and pre-engineered building components. With these additions, the company's total confirmed orders declared during the month have reached around INR 1,067.2 crore, including a large order disclosed earlier. The company expects to complete execution of these orders by March 31, 2026, supporting diversified revenues and higher manufacturing utilisation.Read more

21 Jan 2026

The Indian government is set to reintroduce the build-operate-transfer (BoT) toll model for nearly half of its national highway projects in the upcoming fiscal year, covering around 5,000km with an estimated investment of INR 75,000 crore. Officials said a revised master concession agreement (MCA) will make the model more investor-friendly by improving revenue predictability and providing better exit and compensation options. Key projects, including the Nashik-Solapur-Akkalkot corridor, will lead this initiative. The government expects this move to attract private funding and accelerate highway expansion across multiple states.Read more