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

Delhi plans 5.3 km tunnel or elevated road to ease congestion on Sardar Patel Marg

Delhi News Desk

03 Mar 2026

Delhi authorities have proposed building a 5.3 km elevated road or tunnel between Talkatora Stadium and Dhaula Kuan to reduce congestion on Sardar Patel Marg, a key route to Indira Gandhi International Airport. The proposal has been sent to multiple agencies for review after earlier widening plans were dropped due to concerns over the Central Ridge. With only two lanes in each direction, the stretch faces heavy airport-bound traffic. Detailed feasibility and environmental assessments will now determine the project's future course.Read more

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KPMG leadership collaborates with MMRDA to enhance contract management in Mumbai infrastructure

03 Mar 2026

Senior officials from KPMG International met with Dr. Sanjay Mukherjee, Metropolitan Commissioner of MMRDA, to explore the adoption of global best practices in contract management and infrastructure governance. The discussions, led by Ms. Lisa Kelvey and Mr. Suneel Vora, focused on frameworks for risk allocation, procurement reforms, performance monitoring, and dispute avoidance in large-scale projects across the Mumbai Metropolitan Region. Emphasizing efficiency, fiscal discipline, and digital oversight, the engagement aims to strengthen MMRDA's project delivery and governance systems, marking a step towards aligning the authority's infrastructure projects with international standards.Read more

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Coastal Road North and GMLR set to boost Mumbai connectivity before 2029

Mumbai News Desk

03 Mar 2026

Mumbai's Coastal Road (North) and the Goregaon-Mulund Link Road (GMLR) are progressing as per schedule, with the BMC projecting completion by 2029 and 2028, respectively. The Coastal Road (North) will run from Versova to Dahisar, and the GMLR will connect Mindspace Malad Junction to Goregaon (E), improving north-south and east-west connectivity. All necessary clearances from environmental, maritime, and legal authorities have been secured. These projects follow the partially inaugurated Coastal Road (South) and aim to streamline travel, reduce congestion, and deliver significant infrastructure milestones ahead of upcoming elections.Read more

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BMW Ventures secures largest fabricated steel products order for BHEL project

03 Mar 2026

BMW Ventures Limited has secured its largest-ever fabricated steel products order worth INR 36 crore for a BHEL project, part of a broader INR 141 crore opportunity. The order underscores the company's growing capability in executing large-format industrial structures, supported by an RDSO-approved facility and annual production capacity exceeding 24,000 MT. With a consolidated order book now at 8,805 tons, BMW Ventures expects continued growth in fabricated steel products and steel girders. The win strengthens medium-term revenue visibility and aligns with its strategy to focus on higher-margin steel products.Read more

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Haryana clears final alignment of 64 km Gurugram-Faridabad-Noida Greater Noida Namo Bharat corridor

03 Mar 2026

The Haryana government has approved the final alignment of the 64 km Gurugram-Faridabad-Noida Greater Noida Namo Bharat RRTS-cum-Metro corridor, with nearly 52 km falling within the state. The project will be implemented by the National Capital Region Transport Corporation and aims to integrate seamlessly with existing metro networks in Gurugram and Faridabad. Key stretches in both cities have been defined, and the Detailed Project Report is being finalised. The corridor is expected to reduce travel time, ease congestion and strengthen regional connectivity across the NCR.Read more

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Highway construction under MoRTH likely to slow next fiscal amid continued weak project awards

03 Mar 2026

Highway construction activity under the Ministry of Road Transport and Highways (MoRTH) is expected to moderate next fiscal as project awards remain subdued, according to a recent report by rating agency ICRA. Execution is projected to decline to around 9,000-9,500 km from about 10,660 km achieved in the previous fiscal. Although awards this year are expected to remain similar to last year at 7,250-7,750 km, they are well below earlier peak levels. Toll collections are likely to stay stable, but growth may ease due to lower inflation-linked rate revisions.Read more

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NHAI to review widening of 90-km Mumbai-Nashik highway stretch

03 Mar 2026

The National Highways Authority of India (NHAI) is set to deliberate on widening the 90-km Vadpe Gonde section of the Mumbai Nashik highway to six lanes. The move follows concerns raised about road safety, congestion and rising accidents on the corridor. While repair work has been completed and the stretch is currently motorable, authorities will assess future traffic demand, especially with the parallel Samruddhi Expressway operational. NHAI is also progressing with an eight-lane elevated corridor between Nashik Phata and Khed to ease congestion ahead of the upcoming Kumbh Mela.Read more

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HG Infra emerges lowest bidder for INR 1,827.33 crore NHAI ring road project in Odisha

03 Mar 2026

H.G. Infra Engineering Ltd has been declared the lowest bidder for a major National Highways Authority of India project in Odisha. The company quoted INR 1,582.11 crore against the estimated cost of INR 1,827.33 crore for constructing Package III of the Capital Region Ring Road under the Hybrid Annuity Mode. The 40.33 km six-lane access-controlled corridor will connect Gobindpur on NH-55 to Tangi near the Bandola Toll Plaza on NH-16. The project is to be completed within 910 days from the appointed date.Read more

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Maruti Suzuki’s Gujarat rail siding becomes first modal shift project to earn Verra VCS registration

03 Mar 2026

Maruti Suzuki India Limited has secured registration under Verra's Verified Carbon Standard (VCS) for its in-plant railway siding at the Gujarat manufacturing facility, making it the world's first modal shift transportation project to receive this recognition. By shifting vehicle dispatches from road to rail, the company expects to generate nearly 1.7 lakh carbon credits over a 10-year crediting period. Operational since early 2023, the siding has already dispatched over six lakh vehicles and supports emission reduction goals under internationally accepted carbon accounting standards.Read more

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Visakhapatnam’s GVMC initiates zone-wise development planning following administrative reorganisation

Visakhapatnam News Desk

03 Mar 2026

The Greater Visakhapatnam Municipal Corporation (GVMC) has commenced preparation of zone-wise development plans (ZDPs) following a recent administrative reorganisation that expanded its urban jurisdiction. Under the new approach, the city's territory has been divided into multiple zones, each with tailored planning strategies to address growth management, infrastructure provisioning and land-use priorities. GVMC officials said the exercise aims to rationalise development norms, improve civic service delivery and integrate peri-urban areas into a coordinated city planning framework. The planning process will involve extensive ground surveys, stakeholder consultations and data collection to inform draft ZDPs, which are expected to guide future development, zoning regulations, transportation networks and infrastructure investments. City planners noted that structured zone-wise planning aligned with the city's expanded geography will be critical to sustainable urban growth and improved quality of life in Visakhapatnam's evolving metropolitan region.Read more

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