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%

Infrastructure News

J&K rolls out phased road widening and corridor upgrades in downtown Srinagar to ease traffic pressure

23 Feb 2026

The Jammu and Kashmir administration has initiated phased road upgrades and corridor widening works across key stretches in downtown Srinagar to address traffic congestion and improve road capacity. Projects cover KZP Road, SMS Road, Devi Angan-Hawal Road and two major chowk corridors. Works include resurfacing, drainage correction, junction redesign and proposed widening up to 21 metres where feasible. Land acquisition, utility relocation and pending court cases remain challenges. Several components have secured funding approval, while surveys and DPR preparation are underway for others.Read more

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KNR Constructions secures INR 2,163 crore elevated corridor project on Chennai’s ECR

Chennai News Desk

23 Feb 2026

KNR Constructions Limited has secured a road infrastructure contract worth INR 2,163.07 crore for developing a four-lane elevated corridor on the East Coast Road in Chennai. The project, awarded under the Hybrid Annuity Mode, covers a key stretch between Thiruvanmiyur and Uthandi and aims to ease congestion on one of the city's busiest coastal routes. The work includes a defined construction period followed by an operation phase, while the final concession agreement remains subject to a court decision.Read more

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Metro 4 subcontract cost rises 75 percent over 2018 bid, raising fresh scrutiny

23 Feb 2026

Construction costs for nearly 20 km of Mumbai Metro Line 4 have risen sharply, with the subcontractor now quoting around 75 percent more than the original 2018 bid secured by the main contractor. The value of three civil packages has increased to about INR 2,772.73 crore from INR 1,584 crore. The escalation follows years of delay, pandemic disruption, design changes and depot relocation. The issue has drawn attention amid a recent slab collapse incident that led to one death and injuries, prompting closer oversight of the project.Read more

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NHAI clears NHIT bid to monetise 310 km of highway assets across two states

23 Feb 2026

The National Highways Authority of India has approved an INR 6,220.90 crore bid from the National Highways Infra Trust to monetise operational highway assets spanning over 310 km in Maharashtra and Andhra Pradesh. The transaction covers two toll road stretches on NH-53 and NH-16 and is part of NHAI's ongoing asset monetisation programme. With this deal, the cumulative value of highway assets transferred to NHIT has risen sharply, supporting NHAI's plan to recycle capital and fund new national highway projects.Read more

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Highway Infrastructure wins INR 154.6 crore NHAI toll operations contract on Vadodara–Mumbai Expressway

23 Feb 2026

Highway Infrastructure Ltd has secured a toll operations and maintenance contract valued at INR 154.6 crore from the National Highways Authority of India for a key stretch of the Vadodara-Mumbai Expressway. The short-term assignment covers toll collection and upkeep of facilities at three toll plazas in Gujarat, with a daily remittance obligation of INR 1.71 crore over a 90-day period. The order adds to the company's growing portfolio of NHAI toll operations contracts and strengthens its presence in highway asset management services.Read more

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Sixteen homes to be removed in Indore to clear site for underground metro station

Indore News Desk

22 Feb 2026

Sixteen residential structures in the Piliyakhal area of Indore are scheduled for demolition to make way for an underground metro station near the Bada Ganpati locality, sources reported, as the city's metro project advances toward new construction phases. Although official records recognise 16 houses on the site, residents maintain that about 28 families currently reside there and are demanding housing allocations that reflect that number. The metro authority has deposited INR 1.29 crore with district officials to facilitate relocation of affected families to flats constructed under the Pradhan Mantri Awas Yojana at the Tapti Complex in Rangwasa, but concerns about commuting, educational disruption for children and employment access have been raised. Local negotiations with authorities are ongoing as the relocation and demolition plan progresses alongside broader infrastructure works tied to the city's rapid transit expansion.Read more

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Jodhpur railway division strengthens station security with 447 CCTV installations

22 Feb 2026

The Jodhpur Division of North Western Railway has expanded its surveillance network by installing 447 CCTV cameras across eight railway stations to improve passenger safety and station monitoring. The largest deployment has taken place at Jaisalmer station, which recently underwent redevelopment under the Amrit Station Scheme at a cost of around INR 140 crore. Cameras have been installed across platforms, entry and exit points, waiting areas and other sensitive locations to support real-time monitoring, improve response to incidents and strengthen overall station management.Read more

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Telangana moves ahead with proposal for Mellacheruvu–Hyderabad rail link

22 Feb 2026

The Telangana government is working on a proposal to develop a direct railway link between Mellacheruvu in Suryapet district and Hyderabad to improve regional connectivity. The project is expected to support industrial activity, ease passenger movement, and improve access for devotees visiting the Sri Ishta Kameswari Sametha Swayambhu Shambulingeshwara Swamy temple. The plan includes a double railway line with passenger services. State authorities are coordinating with the Centre to take the proposal forward, while the government has also allocated INR 1 crore for temple-related facilities.Read more

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North Western Railway withdraws Jaipur–Agra and Jaipur–Udaipur Vande Bharat services amid low demand

22 Feb 2026

North Western Railway has withdrawn two Vande Bharat Express services operating on the Udaipur-Jaipur and Udaipur-Agra routes after persistent low passenger occupancy. The decision follows an internal review that found the premium trains were not generating adequate ridership, particularly on weekdays, despite faster travel times. Higher ticket prices compared with conventional trains were cited as a key factor affecting demand. The withdrawn trainsets will now be redeployed on the upcoming Udaipur City-Asarwa Vande Bharat route to better align capacity with travel demand.Read more

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Highway projects in Uttarakhand led to felling of over 83,000 trees in five years

22 Feb 2026

Data obtained through a Right to Information application has shown that more than 83,000 trees were felled in Uttarakhand over the past five years for highway construction works. Most of the tree loss occurred on major national highway stretches executed by the National Highways Authority of India. While authorities have stated that compensatory plantations were carried out, detailed project-wise plantation data was not available in several cases. The disclosures have renewed focus on how environmental safeguards are implemented during large infrastructure projects in ecologically sensitive regions.Read more

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