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

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

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Anna Salai flyover set for March completion as work quickens on key stretches

29 Nov 2025

Work on the 3.2-km, four-lane elevated corridor between Teynampet and Saidapet is visibly picking up pace. With 40 of 91 piers in place, the highways department has started installing steel spans (ranging from 11 m to 30 m) brought in from Mumbai and Gujarat. Of the 91 pillars, 69 are being built over the underground metro corridor, which helps speed up the foundation work. However, delays persist near Nandanam and Teynampet due to high-voltage power-line relocation and soil-stabilisation issues. Earlier optimism for a public opening before Pongal has given way to a revised target of end-March.Read more

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Madras High Court seeks government response on plea for revised DPR of stalled Madurai Metro

28 Nov 2025

The Madras High Court has issued notices to the Union Government, the Tamil Nadu Government and Chennai Metro Rail Limited after a petition sought a revised detailed project report (DPR) for the long-pending Madurai Metro project. The petitioner, a first-year law student, argued that the earlier DPR no longer reflects Madurai's expanded urban footprint, rising population and growing institutional hubs such as the High Court Bench, AIIMS Madurai and major healthcare centres. He said the city now meets the population criteria under the Metro Rail Policy, 2017, and that outdated 2011 census data should not determine eligibility. The plea seeks preparation of an updated DPR, with the court asking authorities to respond soon.Read more

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Delhi-Mumbai Expressway advances, aims to cut travel time to 12 hours

28 Nov 2025

Union Road Transport Minister Shri Nitin Gadkari reviewed progress on the 1,350-km Delhi-Mumbai Expressway during a visit to Surat, stressing efforts to expedite completion of the country's largest highway project. The expressway will cut travel time between Delhi and Mumbai to about 12 hours from the current 24. Major stretches in Haryana, Rajasthan and Madhya Pradesh are already operational, with work in Gujarat and Maharashtra advancing steadily. Gadkari said minor technical issues were being resolved and quality checks, green cover development and engineering upgrades were ongoing. He highlighted future plans for electric trucks and buses on the corridor, which is expected to boost exports, tourism and connectivity across five states.Read more

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NGT orders Wadgaon Budruk RMC plant to pay INR 29.68 lakh for pollution violations

28 Nov 2025

The National Green Tribunal in Pune has imposed a penalty of INR 29.68 lakh on Wadgaon Budruk RMC plant for continuing operations despite a closure order issued by MPCB in June 2024. Complaints by a local resident highlighted health risks to nearby residents, a school, and a bakery. The plant violated siting norms and operated without valid consent, even after electricity disconnection. The penalty will fund environmental restoration, and the plant is now shut. The order underscores the importance of regulatory compliance and citizen vigilance.Read more

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Stronger air and road links speed up last-mile logistics across Maharashtra and Gujarat

28 Nov 2025

Western India is emerging as a major hub for last-mile logistics, supported by upgraded air and road connectivity, expanding airports in tier II/III cities, and a growing multimodal infrastructure. The region's adoption of hybrid fleets, urban warehouses, and micro-fulfilment centres is improving delivery efficiency and reliability. E-commerce shipments reached 5 billion in FY25, growing at 29% CAGR since FY19. Tier II cargo share has risen to 24%, and national highways and rural roads have significantly expanded, enabling faster same-day and next-day deliveries across key urban and suburban markets.Read more

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MMRDA to execute INR 58,754-crore Uttan-Virar Sea Link with 60-month timeline

28 Nov 2025

The Maharashtra government has approved the detailed project report and phase I implementation plan for the Uttan-Virar Sea Link, a large regional connectivity project valued at INR 58,755 crore. The plan covers a 24.35 km sea bridge and 30.77 km of connecting roads, forming a 55.12 km corridor. The state will extend INR 11,116.27 crore as non-interest support, while the remaining funds will be raised by MMRDA and external borrowings. The proposal follows earlier revisions that had significantly reduced the project's earlier estimated cost.Read more

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Panvel-Karjat suburban rail line crosses 80% completion, set to reshape MMR growth

28 Nov 2025

The Panvel-Karjat suburban rail corridor, which has now crossed over 80% physical progress earlier this week, is moving into its final construction phase, marking a decisive moment for connectivity across the extended Mumbai Metropolitan Region. With MRVC confirming rapid advancement in tunnels, bridges, stations, track work and interlocking systems, the route is set to improve suburban mobility and reduce pressure on existing lines. Industry leaders noted that the corridor, supported by MTHL, NMIA and ongoing node development, is expected to accelerate residential, commercial and plotted development demand across Panvel, Chikhale, Mohape, Chowk and Karjat.Read more

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Tanzania prepares to restart work on long-delayed Bagamoyo port project

28 Nov 2025

Tanzania is preparing to restart construction of the long-delayed Bagamoyo Port in December after more than a decade of postponements. Officials confirmed that equipment has begun moving to the project site, where work will start with 14 berths before expanding to 28. The port will be dredged to about 20 metres and will handle ships carrying up to 25,000 containers. The project will anchor a 9,800-hectare special economic zone linked by rail and road networks. Earlier agreements had stalled, but renewed government negotiations since 2021 have moved the plan forward.Read more

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Bisleri, MBMC launch plastic recovery system and India's first recycled-material museum

28 Nov 2025

Bisleri International and the Mira Bhayandar Municipal Corporation have jointly launched a citywide plastic waste management project featuring a new Material Recovery Facility and a first-of-its-kind Plastic Recycling Museum. The initiative aims to improve plastic collection, segregation, and recycling while increasing public awareness on responsible disposal. The museum, built from recycled materials, includes exhibits explaining the recycling process and a signature installation made from 2,000 recycled bottles. The partnership also plans to place 70 recycled plastic-cap benches across the city, supporting the broader goal of reducing landfill waste and strengthening community engagement.Read more

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Large crack on Haiderpur flyover repaired promptly after social media alert

28 Nov 2025

Pictures of a surface crack on Haiderpur flyover in Delhi circulated on social media, prompting immediate action from the PWD. The department said the crack resulted from minor settlement due to box-pushing work underneath, part of the Mukarba Chowk underpass project, and assured that structural integrity remained unaffected. Repairs were completed on the same day, restoring traffic flow. This incident highlights routine surface damages during construction operations and reinforces the need for ongoing structural audits on ageing flyovers to maintain safety while supporting city infrastructure upgrades.Read more

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Cabinet approves INR 9,858 crore expansion of Pune Metro

28 Nov 2025

The Union Cabinet has approved an INR 9,858 crore Phase 2 expansion of Pune Metro, adding Lines 4 and 4A, covering roughly 31.6 km with 28 elevated stations. These lines will connect key IT, commercial, educational, and residential areas across Pune. Maha?Metro will handle all construction and systems work, with preliminary surveys and design activities already underway. Daily ridership on these corridors is expected to reach 4.09 lakh by 2028 and over 11.7 lakh by 2058. The expansion aims to enhance connectivity, reduce traffic congestion, and support long-term urban growth.Read more

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Navi Mumbai launches intensive road cleaning campaign to curb dust and pollution

28 Nov 2025

Navi Mumbai Municipal Corporation has initiated a major cleaning drive on busy city roads and the MIDC area to reduce dust and air pollution. Under the guidance of Municipal Commissioner Dr. Kailash Shinde and Additional Commissioner Sunil Pawar, all eight departments are actively participating. Roads such as Thane Belapur Marg, Amra Marg, and main MIDC streets are being cleared of accumulated soil using brooms, flipper machines, and mechanical vehicles, followed by washing with treated sewage water. Dust suppression foggers are deployed at busy intersections, and vigilance teams monitor construction and industrial sites.Read more

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MMRDA issues INR 36 crore tender to restart delayed Thakurli flyover work

28 Nov 2025

The Mumbai Metropolitan Region Development Authority (MMRDA) has floated a tender of INR 36 crore to restart the pending section of the Thakurli elevated flyover in Dombivli, which has been stalled for nearly seven years. The remaining stretch between Thakurli Railway Phatak and Mahsoba Chowk is expected to improve traffic movement between Kalyan and Dombivli. The delay was mainly due to compensation challenges involving around 60 affected homes. With these issues recently resolved, authorities plan to move ahead with the project, which earlier saw partial completion in 2018.Read more

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GRAP Stage-3 curbs revoked in Delhi-NCR as air quality shows slight improvement

27 Nov 2025

CAQM has lifted Stage-3 GRAP restrictions in Delhi-NCR following a slight improvement in air quality, with the 24 hour AQI at 327. Construction, demolition, and older diesel vehicle bans have been eased, and offices and schools can resume full operations. Stage-1 and Stage-2 measures remain active to sustain the modest gains and prevent pollution spikes. The decision was based on data from IMD and IITM forecasting favorable meteorological conditions. Authorities stress the need for vigilance, as seasonal and structural pollution factors continue to challenge air quality management.Read more

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Laser Power & Infra secures INR 836 crore utility orders under RDSS scheme

27 Nov 2025

Laser Power & Infra has received utility project orders worth INR 836 crore from NTPC, Kanpur Electric Supply Company (KESCo) and Jodhpur Vidyut Vitran Nigam Ltd. The projects fall under the Revamped Distribution Sector Scheme and involve supplying the company's in-house manufactured power cables, conductors and system-strengthening materials. KESCo awarded the largest share, followed by NTPC and JDVVNL. The company, which recently filed IPO papers to raise INR 1,200 crore, continues to expand its position in India's power distribution industry, supported by integrated manufacturing facilities in West Bengal.Read more

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India eyes major forex savings as MRO market set to hit USD 4 billion by 2031

27 Nov 2025

India's civil aviation sector received a significant push as the government highlighted its ambition to build the country into a global centre for aircraft maintenance, repair and overhaul (MRO) services. The Civil Aviation Minister noted that shifting MRO work to India could help save nearly USD 15 billion in foreign exchange over the coming years. With domestic airlines ordering more than 1,500 aircraft and the local MRO market projected to reach USD 4 billion by 2031, the sector is gaining strategic importance. A new Safran MRO facility, set to begin operations in 2026, is expected to strengthen India's capability further.Read more

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BC Jindal Group signs agreement with SECI for 150 MW RTC renewable energy project

27 Nov 2025

BC Jindal Group has formalised an agreement with the Solar Energy Corporation of India (SECI) to develop a 150 MW round-the-clock renewable energy project. The capacity was secured through a reverse auction at a tariff of INR 5.07/kWh. This project forms part of SECI's larger 1,200 MW RTC renewable energy programme, for which bidding had been opened last year. The initiative reflects the company's continued participation in India's renewable energy expansion. The PPA between the two parties now sets the stage for project execution under SECI's RTC mandate.Read more

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Centre reviews India Energy Stack plan to build unified digital infrastructure for power

27 Nov 2025

The Ministry of Power is advancing the India Energy Stack to create a unified digital platform for the country's energy sector. The taskforce reviewed the draft strategy and architecture documents to guide the development of this infrastructure. Designed as a secure, interoperable system, IES will integrate renewable energy, electric vehicles, and consumer participation while overcoming challenges from fragmented digital systems. The platform will provide unique IDs, real-time data sharing, open APIs, and tools to enhance consumer empowerment, market access, and sector-wide innovation.Read more

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East Central Railway to build smart parking hubs at six stations

27 Nov 2025

East Central Railway is planning smart parking hubs at six stations in the Danapur division, with a total capacity for 21,500 vehicles. Stations like Patna Junction and Danapur will have capacities ranging from 1,500 to 6,000 vehicles. The DPR, currently in preparation, includes modern amenities such as air-conditioned vending halls, escalators, lifts, WiFi, digital payments, real-time tracking, and CCTV surveillance. The initiative aims to address growing passenger and vehicle traffic, reduce congestion near stations, and provide organised, safer, and convenient parking solutions.Read more

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