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%

Asset class : Infrastructure

Ashoka Buildcon suspended from NHAI bids after girder collapse on Kerala highway

01 Dec 2025

Ashoka Buildcon has confirmed that it has been placed under temporary suspension from taking part in any ongoing or upcoming NHAI tenders following a recent incident linked to its Kerala project. The development stems from a show-cause notice issued after two precast PSC girders collapsed during construction on the elevated NH-66 corridor between Aroor and Thuravoor Thekku, resulting in the death of a commercial vehicle driver. The company stated in its regulatory update that the suspension will continue for a month or until an expert committee concludes its investigation, whichever occurs later.Read more

cover photo

DMRC completes complex Pulbangash tunnel work under Red Line without affecting services

01 Dec 2025

DMRC recently completed tunnelling work beneath the operational Red Line at Pulbangash as part of the Magenta Line extension between Janakpuri West and RK Ashram Marg. The team carried out the activity below an elevated viaduct with open foundations, which required detailed planning and ground-strengthening. Engineers used the TAM grouting method with around 180 boreholes to stabilise the pier area, supported by continuous monitoring systems. Train operations on the Red Line continued normally throughout the work. The downline tunnel is finished, and the up-line tunnel is still being constructed.Read more

cover photo

Sterling and Wilson secures major solar order from Adani Green in Gujarat

01 Dec 2025

Sterling and Wilson Renewable Energy has secured a BOS order worth around INR 1,400 crore from Adani Green Energy for three solar projects at Gujarat's Khavda Renewable Energy Park. This is SWREL's first order from AGEL and includes the supply of goods and onsite services. Currently handling 6 GW in the Khavda region, SWREL aims to complete 5 GW this fiscal. The 1 GW project reinforces its leadership in Gujarat. The company now reports order inflows exceeding INR 6,450 crore this fiscal, with a total portfolio of over 24.4 GWp.Read more

cover photo

NMMC launches strict dust checks at construction sites amid rising winter smog

01 Dec 2025

Navi Mumbai Municipal Corporation (NMMC) stepped up its scrutiny of construction sites earlier this week after the civic chief directed officials to enforce anti-pollution measures more stringently amid rising winter smog. The town planning department was instructed to personally verify dust-control systems at active project sites and shut down any location failing to comply for a week. Acting on these orders, engineering teams have begun field inspections across construction zones, quarries, RMC plants and coal-based bakeries, ensuring adherence to air and noise pollution norms mandated under the SOP issued last year.Read more

cover photo

Patna Metro set for next launch phase with 6.5 km stretch close to commissioning

01 Dec 2025

Work on Patna Metro's priority corridor, part of Corridor II, has reached its final stage. Three stations are operational, while Malahi Pakri and Khemnichak are being completed on a high-priority schedule. Critical systems like track laying, signalling, and electrification are under round-the-clock monitoring. The 6.5?km elevated section, once operational, will connect five key stations, easing traffic in the city. Simultaneously, preparatory work continues for Corridor I and Corridor II, which together will form a 31?km network with 24 stations, combining elevated and underground stretches across Patna.Read more

cover photo

RITES receives CEAI award for innovation and sustainability in the USBRL rail project

01 Dec 2025

RITES has received the CEAI National Award for Engineering Innovation and Sustainability for its work on the Udhampur-Srinagar-Baramulla Railway Line (USBRL). The company managed alignment design, surveys and bridge design for 20 bridges along the 272-km route. It also completed technical audits for 25 bridges, including the Chenab Bridge and Anji Khad Bridge, and installed structural health monitoring systems on two major bridges. The award was presented to the company's senior leadership during the CEAI Annual Conference and Awards 2025 held in New Delhi.Read more

cover photo

Delhi government introduces PM-Pragati style tracking system and expands waste-to-energy plan

01 Dec 2025

Delhi has cleared a PM-Pragati-ike project-monitoring mechanism to speed up major public works, especially those above INR 5 crore. The system, expected to be known as CM-Pragati, will allow the Chief Minister to review progress through a digital dashboard and hold departments accountable for delays. Alongside this, the city has announced a detailed waste-management and pollution-control plan. The approach includes expanding waste-to-energy capacity, upgrading existing plants, adding a new WTE plant in Bawana by mid-2027, and targeting the removal of legacy waste by December 2028.Read more

cover photo

Delhi increases focus on 9-metre e-buses to improve movement on congested roads

30 Nov 2025

The Delhi government is expanding its use of nine-metre electric buses to address congestion and narrow road conditions across the city. Officials have already ordered 2,800 e-buses, with half of them being nine-metre units, and the next purchase plan includes 1,200 more buses, of which 800 will be the compact ones. These smaller buses cost around INR 1 crore each, compared with INR 1.5 crore for a 12-metre bus, and offer better manoeuvrability. The decision aligns with Delhi's wider plan to upgrade its fleet, enhance last-mile reach, and shift steadily toward electric mobility.Read more

cover photo

Centre clears INR 2,781 crore rail upgrade to strengthen routes in Gujarat and Maharashtra

30 Nov 2025

The Centre has approved two rail infrastructure projects worth INR 2,781 crore aimed at improving connectivity in Gujarat and Maharashtra. The plan includes doubling the 141-km Okha-Kanalus line and adding the 3rd and 4th tracks along the 32-km Badlapur-Karjat stretch. Together, the works will add around 224 km to the rail network and support nearly 585 villages with a population of about 3.2 million. The projects are expected to ease freight movement, meet rising suburban demand and contribute to reduced emissions through improved network efficiency.Read more

cover photo

Maple Infrastructure Trust expands portfolio with five new toll road acquisitions

30 Nov 2025

Maple Infrastructure Trust has acquired five toll road assets from Ashoka Concessions Limited and associated entities, adding over 2,100 lane kilometres to its existing portfolio. This expands the trust's holdings from two assets covering 1,212 lane kilometres to seven assets totaling 3,328 lane kilometres, marking a 1.7-fold growth. The acquired roads span West Bengal, Karnataka, Maharashtra, Chhattisgarh, and Odisha, including the strategically important Dhankuni-Kharagpur toll road in West Bengal. These projects lie along key economic corridors such as the Golden Quadrilateral and the East-West Corridor, enhancing connectivity and supporting trade.Read more

cover photo

UK approves Heathrow's GBP 49-billion expansion plan for third runway by 2035

30 Nov 2025

The UK government has approved Heathrow Airport's 49 billion pound (USD 64 billion) expansion plan, prioritizing it over Arora Group's smaller proposal. The plan, including a new runway, motorway rerouting, and terminal construction, is expected to be operational by 2035, with planning consent by 2029. Recent government support for other UK airport projects demonstrates a continued focus on aviation growth. Heathrow's owners welcomed the decision but seek regulatory clarity, while airlines express concerns about potential higher charges to fund expansion. The project also faces scrutiny regarding environmental and air quality regulations.Read more

cover photo

L&T rebrands data-centre arm as Vyoma to strengthen digital infrastructure push

30 Nov 2025

L&T has renamed its data-centre arm from L&T Cloudfiniti to Larsen & Toubro-Vyoma, reflecting a strategic focus on digital infrastructure. Vyoma aims to leverage L&T's engineering expertise to offer scalable, sustainable, and AI-ready data-centre solutions. The company plans to establish hyperscale facilities in cities including Mumbai, Chennai, and Bengaluru to meet growing demand for high-performance computing and data storage. The move aligns with the rapid growth of India's digital economy, cloud adoption, AI workload expansion, and data?localisation requirements.Read more

cover photo

Chennai Metro to roll out six-car trains by 2028 to ease peak-hour congestion

30 Nov 2025

CMRL is planning to introduce 28 six-car trains by 2028 to increase capacity on its main corridors. These trains will carry up to 1,800 passengers, reducing waiting times and easing peak-hour congestion. Current monthly ridership exceeds one crore, with further growth expected due to Phase I extensions and Phase II development. Stations are prepared for longer trains, with upgrades like platform screen doors planned. The trains will be built domestically and equipped with technology for future driverless operation, addressing both immediate and long-term commuter needs.Read more

cover photo

Sustainability and tech to define the next decade of India's retail real estate

30 Nov 2025

Indian retail real estate is moving into a transformation phase, driven by rapid urbanisation, surging retail space demand and a clear shift towards sustainability and smart technology. With India's green building footprint now exceeding 13 billion sq. ft., developers are increasingly viewing energy-efficient design as a direct contributor to profitability and long-term asset value. Simultaneously, the emergence of IoT-based systems, advanced analytics and intelligent retail infrastructure is redefining operational models across malls and retail parks. Industry leaders believe the future will rely on low-impact, high-experience environments where sustainability and technology work hand in hand.Read more

cover photo

Gorakhpur-Pilibhit Express extended to Bareilly to improve rail access in Uttar Pradesh

29 Nov 2025

The Gorakhpur-Pilibhit Express has now been extended to Izzatnagar in Bareilly, strengthening rail connectivity across eastern and northern Uttar Pradesh. The extension was launched virtually by Railway Minister Ashwini Vaishnaw along with Minister of State Jitin Prasada. Officials said the new link will support commuters, farmers, students, and traders across the Terai region. The service, which earlier operated only up to Pilibhit, will now run on a longer route but will discontinue its earlier stretch between Daliganj Junction and Lucknow Junction. The move aligns with ongoing railway upgrades across the state.Read more

cover photo

Kolkata Metro boosts Purple Line frequency, improving links with Majherhat Station

29 Nov 2025

Kolkata Metro has announced extended weekday operations on the Purple Line, increasing services from 80 to 84 and expanding operating hours from 6.40 am to 9.26 pm. The first train will depart Joka at 6.40 am and Majherhat at 7.03 am, with the last trains leaving at 9.05 pm and 9.26 pm respectively. Officials said the earlier start and later close will benefit commuters using Eastern Railway's Majherhat station by improving interchange options. Weekend timings remain unchanged, with services running only on Saturdays. The 7.75-km Joka-Majherhat stretch will eventually connect to Esplanade, where the Purple Line will integrate with the Blue and Green lines to enhance central Kolkata's connectivity.Read more

cover photo

Delhi Metro strengthens dust-control measures with deployment of 82 anti-smog guns

29 Nov 2025

The Delhi Metro Rail Corporation has deployed 82 anti-smog guns across its construction sites as part of its dust-control measures. The agency has also made these machines mandatory in all civil contractor agreements. This development came in the same period when the Municipal Corporation of Delhi issued fines worth INR 3.8 lakh over alleged violations on a stretch near Mehrauli-Badarpur Road, which DMRC contested, stating that only a small section of that road falls under its work. The initiative aligns with Delhi's updated rules for anti-smog systems at large commercial buildings.Read more

cover photo

Patna's major road and bridge works reviewed by CM to ensure timely completion

29 Nov 2025

Bihar Chief Shri Minister Nitish Kumar reviewed the Danapur-Bihta elevated corridor and the Sherpur-Dighwara Ganga bridge this week and asked officials to speed up the remaining work. Authorities briefed him that construction on both projects is progressing without major hurdles. The Danapur-Bihta corridor is planned to improve access between Patna, NH-922, Koilwar bridge and the upcoming Bihta International Airport. The Sherpur-Dighwara bridge will link with JP Ganga Path, offering a smoother route towards Chhapra, Siwan, Gopalganj and Hajipur, helping reduce traffic inside Patna.Read more

cover photo

MoRTH plans new contractor rating system to boost accountability in highway projects

29 Nov 2025

The Ministry of Road Transport and Highways (MoRTH) is developing a new rating mechanism to evaluate contractor performance across National Highways projects. A concept note proposes classifying contracts into three value tiers-from INR 100-300 crore, INR 300-1,000 crore, and above INR 1,000 crore-with ratings conducted annually. EPC and HAM projects will be assessed together, while BOT projects will be rated separately due to differing risk structures. Joint venture partners with over 26% stake will share the project's rating, and contractors involved in multiple projects will receive consolidated scores. MoRTH has invited feedback within 21 days, continuing its push for greater transparency, digital oversight and accountability in highway development.Read more

cover photo

Mumbai plans 3 km underground pedestrian tunnel network to strengthen Metro 3 access

29 Nov 2025

Mumbai Metro Rail Corporation has drawn up a proposal for a 3 km network of underground pedestrian tunnels to improve connectivity at the Science Centre (Worli) and BKC stations of Metro Line 3. The plan includes a 1.4 km tunnel linking BKC station with the upcoming bullet train terminal, and two tunnels at Worli measuring 1.1 km and 500 m. Each tunnel will be around 5 metres wide and will include escalators and elevators. The INR 250 crore project will be funded by MMRC and BMC, supported by TOD incentives, and is targeted for completion by 2029-30.Read more

cover photo