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

Chennai One app to add monthly passes as commuters seek MTC staff support

21 Oct 2025

The Chennai One mobility app, launched by the Chennai Unified Metropolitan Transport Authority (CUMTA), is preparing to include INR 1,000 and INR 2,000 monthly commuter passes to simplify travel across the city. Despite strong initial adoption, commuters have requested better training for MTC staff to assist with app usage. The app already consolidates buses, suburban trains, MRTS lines, and metro services, offering real-time tracking, UPI payments, and QR code validation. Future plans include student and senior citizen passes, women's free bus service, smart parking, and optimized routes for differently-abled passengers.Read more

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India aims for INR 80 lakh crore investment in maritime sector by 2047

21 Oct 2025

India has set an ambitious goal to attract INR 80 lakh crore (approximately USD 1 trillion) in investments to its maritime sector by 2047. This initiative, part of the Maritime Amrit Kaal Vision, aims to position India among the top five shipbuilding nations globally. The strategy includes enhancing port infrastructure, expanding shipbuilding capabilities, and creating 1.5 crore jobs. The India Maritime Week (IMW) 2025, scheduled from late October in Mumbai, is expected to play a pivotal role in advancing these objectives.Read more

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Bombay High Court orders state to compensate victims of pothole and manhole accidents

21 Oct 2025

The Bombay High Court has directed municipal corporations and state authorities to pay compensation for deaths and injuries caused by potholes and open manholes, highlighting citizens' right to safe roads. The court criticized authorities for repeated negligence and emphasized that compensation must be disbursed promptly, with strict accountability for officers and contractors responsible. Committees are to be formed to assess claims and monitor compliance. Compensation ranges from INR 50,000 to INR 6 lakh, with funds recoverable from contractors or, if unavailable, borne by the concerned authorities.Read more

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Delhi Metro seeks to expand renewable energy sourcing for its operations

21 Oct 2025

The Delhi Metro Rail Corporation (DMRC) has invited bids from solar developers to supply 500 million units of renewable energy every year. The selected bidder will be responsible for setting up a grid-connected captive solar power plant with battery storage and supplying electricity under a 25-year power purchase agreement. The initiative is intended to enhance DMRC's renewable energy share to more than 60 per cent, covering its operational and upcoming network expansions.Read more

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Maharashtra to add 118 power lines and substations to boost renewable energy

21 Oct 2025

Maharashtra plans to strengthen its electricity transmission network with 118 new power lines and an equal number of substations over five years. The first phase of seven lines has begun, designed to carry solar, wind, hydro, and battery-stored electricity across the state. MSETCL also intends to develop 1,000-MW battery storage projects at existing substations. With India aiming for 500 GW of non-fossil fuel-based capacity by 2030, Maharashtra's renewable energy regions like Marathwada and Solapur will play an important role. All projects will be implemented through tariff-based competitive bidding.Read more

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Bengaluru to reintroduce bus priority lanes on ORR under INR 400 crore B-Smile project

20 Oct 2025

Bengaluru's Outer Ring Road (ORR) will undergo a major mobility upgrade under the INR 400 crore B-Smile (Bengaluru Smart Mobility Integration for Last-Mile Efficiency) project. The initiative will reintroduce dedicated bus priority lanes, first launched in 2019, along with pedestrian-friendly infrastructure, cycle tracks, and service roads. Designed to improve last-mile connectivity, the project integrates buses, Metro, cycling, and walking. By encouraging public transport use over private vehicles, it aims to reduce congestion in the IT corridor. Completion is expected by the end of 2025.Read more

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BEST seeks AAI approval for Santacruz depot redevelopment

20 Oct 2025

The Brihanmumbai Electric Supply and Transport (BEST) Undertaking has moved to redevelop its Santacruz bus depot and staff quarters by inviting applications to appoint a consultant for obtaining a No Objection Certificate (NOC) from the Airports Authority of India (AAI). The site, spanning over 13,000 sqm, lies within the Juhu airport funnel zone, where building heights are strictly regulated. Citizen groups have expressed concerns that redevelopment could reduce bus parking space and signal privatization, referencing earlier depot handovers at Mahim and Kurla. BEST maintains that the project will comply with all regulatory procedures.Read more

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Nagpur Smart City Board approves plan to expand and upgrade CCTV network

20 Oct 2025

The Nagpur Smart and Sustainable City Development Corporation Limited (NSSCDCL) has approved the preparation of a Detailed Project Report (DPR) to enhance the city's CCTV surveillance system. The plan aims to identify areas with limited coverage, repair defunct cameras, and integrate new high-resolution cameras in key intersections, public spaces, and sensitive zones. With 3,686 cameras already installed under the Smart City initiative, many have stopped working due to poor maintenance. Kerala State Electronics Development Corporation Limited (Keltron) has been tasked with a five-year maintenance plan costing INR 70 crore.Read more

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APM Terminals Pipavav launches dedicated block train to support solar energy project in Jaipur

20 Oct 2025

APM Terminals Pipavav has started a dedicated block train carrying 90 twenty-foot general-purpose containers from Pipavav Port to the Inland Container Depot at Kanakpura, Jaipur. This operation supports a major solar energy project in Rajasthan. The cargo, shipped from Malaysia on the vessel ONE MARVEL (V-0079W), was transported efficiently in a single train movement. The end-to-end logistics were coordinated with Ocean Network Express (India) Pvt Ltd, Fast Forward Logistics India Pvt Ltd, Seven Seas Lines SDN BHD, and CONCOR, highlighting the effectiveness of multimodal transport.Read more

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Uttar Pradesh CM outlines plan for new urban redevelopment policy to rejuvenate cities

20 Oct 2025

Uttar Pradesh Chief Minister Shri Yogi Adityanath has announced a comprehensive urban redevelopment policy aimed at revitalizing the state's cities. The policy focuses on transforming outdated structures and underutilized areas into modern urban spaces equipped with essential infrastructure and public amenities. Emphasizing a balance between development and environmental sustainability, the initiative seeks to integrate private sector participation through clear guidelines and incentives. The approach prioritizes public interest, ensuring that redevelopment efforts do not adversely affect the livelihoods of affected families.Read more

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India's rooftop solar adoption grows, but subsidy release and implementation remain a challenge

20 Oct 2025

India has added nearly 4.9 GW of residential rooftop solar capacity under the Pradhan Mantri Surya Ghar Yojana (PMSGY), with over 57.9 lakh applications submitted so far. Despite a four-fold increase in applications over the past year, only 13 per cent of the target of 1 crore installations has been achieved, and less than 15 per cent of allocated subsidies worth INR 65,700 crore (USD 7.5 billion) have been released. Supply chain issues, limited consumer awareness, and financial constraints remain major hurdles, highlighting the need for state-level facilitation, standardized kits, and stronger support systems to boost adoption.Read more

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Punjab launches INR 232 crore mission to upgrade industrial infrastructure

20 Oct 2025

The Punjab government has launched an infrastructure mission worth INR 232 crore targeting 26 key industrial hubs to improve roads, sewerage, water supply, street lighting, and civic amenities. The Punjab Small Industries and Export Corporation (PSIEC) is investing INR 97.54 crore, while the Department of Local Government is managing INR 134.44 crore for seven industrial zones in Ludhiana and Khanna. The initiative follows extensive consultations with industry bodies and local administrations to address critical infrastructure gaps, aiming to enhance operational efficiency and attract investments across the state.Read more

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Indore Metro completes trial run to Radisson Square, aims for January launch

20 Oct 2025

The Indore Metro project marked a significant advancement by conducting a trial run on a newly extended route reaching Radisson Square, covering Vijay Nagar and Sukhlia for the first time. The technical team ran the train from Gandhi Nagar through Heera Nagar Square, culminating in the new stretch after roughly one hour. The Madhya Pradesh Metro Rail Corporation aims to begin commercial services on this extension by January, and the expansion is expected to boost ridership in the newly served localities.Read more

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Bombay High Court questions Goa government over building rule changes

20 Oct 2025

The Bombay High Court has issued notices to Goa's Town and Country Planning Department over recent amendments to the Goa Land Development and Building Construction Regulations, 2010. These amendments allow the government to approve relaxations in height and floor area ratio (FAR) for individual plots, bypassing prior public scrutiny. The Goa Foundation and residents from Margao, Panaji, Chimbel, and Pernem have challenged more than 739 such relaxations, highlighting concerns over environmental, social, and planning impacts. The court has directed replies from authorities and scheduled the next hearing for mid-November.Read more

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Maharashtra government revises redevelopment plan for Taraporewala Aquarium

19 Oct 2025

The Maharashtra State Fisheries Department has decided to drop its earlier plan for redeveloping the Taraporewala Aquarium after realizing it lacked specialized aquarium design expertise. The April plan had proposed a six-storey building at an estimated cost of INR 296 crore. The new approach involves appointing a world-class consultant and architect to prepare a detailed project report and manage the project. The revised plan has a sanctioned budget of INR 350 crore and is expected to take 1.5 years. The over 75-year-old aquarium, closed during the COVID lockdown, previously housed more than 500 aquatic species.Read more

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PWD minister inspects major road and drainage projects across outer and rural Delhi

19 Oct 2025

PWD Minister Parvesh Verma conducted a thorough inspection of several ongoing road and drainage projects in Outer and Dehat Delhi, covering areas like Dhaula Kuan, Najafgarh, Nangloi, Mundka, Karala, and Mangolpur. The review focused on improving connectivity and drainage systems, addressing longstanding infrastructure gaps. Key projects include the transfer of Mundka Road to the National Highways Authority of India (NHAI) and the construction of new drainage corridors. The inspection also highlighted work on critical stretches such as Nangloi-Najafgarh Road, Rohtak Road, and Karala-Kanjhawala Road.Read more

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Ashok Leyland secures major bus order from Tamil Nadu transport undertakings

19 Oct 2025

Ashok Leyland announced earlier this week that it has secured an order from Tamil Nadu State Transport Undertakings (TNSTU) for nearly two thousand buses. The company, which has already supplied over twenty-one thousand buses to TNSTU, stated that the new order will include a mix of fully built and chassis configurations catering to town, mofussil, and SETC operations. Each bus will be built on the latest AIS 153-compliant chassis platform, adhering to updated Indian safety and performance norms.Read more

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GMDA approves major sewage scheme in Behrampur to tackle urban waste

19 Oct 2025

Earlier this month, the Gurgaon Metropolitan Development Authority (GMDA) approved a significant sewage infrastructure project in Behrampur valued at INR 191 crore. The initiative will introduce a 100 MLD sewage treatment plant (STP) alongside a 400 MLD main pumping station, in response to mounting waste load from newly developed sectors. Existing sewer lines have partly been laid, with the remainder to be completed soon. The project also includes efforts to upgrade water treatment standards and reduce environmental hazards linked to untreated discharge.Read more

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Kerala advances metro projects in Kozhikode and Thiruvananthapuram under KMRL

19 Oct 2025

Kerala's Chief Minister Shri Pinarayi Vijayan, confirmed that Kochi Metro Rail Ltd. (KMRL) will manage the metro rail projects in Kozhikode and Thiruvananthapuram. In Thiruvananthapuram, preliminary work has commenced with the construction of the Sreekaryam flyover. KMRL has submitted multiple alignment options, and a secretary-level committee will select the most efficient route. In Kozhikode, the project remains in the planning phase, awaiting the preparation of a Detailed Project Report (DPR) as per national guidelines. Additionally, the second phase of the Kochi Metro, extending 11.2 km from Jawaharlal Nehru Stadium to Kakkanad Infopark via Smart City, is progressing, with no current plans for further expansion.Read more

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NTPC signs agreement with Gujarat to expand conventional and renewable energy projects

19 Oct 2025

NTPC has signed an MoU with the Gujarat government to explore and develop energy projects in both conventional and renewable sectors. The agreement, signed during the Vibrant Gujarat Regional Conference, will focus on thermal, hydro, solar, and wind power initiatives. NTPC, which supplies nearly one-fourth of India's electricity, has an installed capacity of over 83 GW and 30.9 GW under construction. The company aims to achieve 60 GW of renewable capacity by 2032 and has expanded into electric mobility, battery storage, pumped hydro, waste-to-energy, nuclear, and green hydrogen solutions, supporting sustainable energy growth.Read more

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