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23 Apr 2026
Adani Enterprises Limited has incorporated three wholly owned subsidiaries through its step-down unit Adani Airport City Limited to drive real estate and hospitality development across key airport locations. The new entities—Adani Navi Mumbai Airport City, Adani Guwahati Airport City and Adani Ahmedabad Airport City—will undertake construction and operate hotels with integrated facilities such as restaurants, banquets and business centres. Each entity has been set up with a paid-up capital of INR 10 lakh. The move aligns with the group’s broader airport city expansion strategy and its planned USD 15 billion investment to scale airport infrastructure and associated developments.Read more
23 Apr 2026
Haryana is evaluating the introduction of the Glydways pod taxi system to improve urban transport in high-density cities. The proposal was discussed with Suzuki Motor Corporation and Glydways, focusing on feasibility, route planning, and funding through a PPP model. Gurugram has been identified as a likely starting point due to rising congestion. The system uses small, driverless pods on dedicated tracks and is expected to reduce travel time and emissions. The plan also aligns with the central government's Urban Challenge Fund aimed at supporting innovative mobility solutions.Read more
23 Apr 2026
Pune's metro expansion plans have received fresh proposals from corporators seeking better connectivity across emerging residential and industrial areas. Suggestions include extending the Vanaz Chandni Chowk line to Pirangut, developing a new Katraj Dehu Road corridor, and expanding the Yerawada route towards Vishrantwadi, Alandi Road and Lohegaon airport. These proposals were placed before the civic committee for review. The move builds on ongoing and previously approved metro expansions, reflecting growing demand for improved public transport in fast-developing peripheral areas of the city.Read more
22 Apr 2026
The construction of three underpasses at Mukarba Chowk in north Delhi is nearing completion and is expected to open soon, aiming to ease congestion at one of the city's busiest intersections. The project includes two vehicular underpasses and one for pedestrians and non-motorised users, improving connectivity between Rohini, Badli, Azadpur and Jahangirpuri. Designed to handle around 15,800 vehicles daily, the project is expected to reduce travel time by up to 10 minutes. It will also help lower fuel consumption and emissions while improving pedestrian safety and traffic flow on the Outer Ring Road.Read more
22 Apr 2026
The Mumbai Metropolitan Region Development Authority (MMRDA) has made steady progress on the 7.35 km Atal Setu–Mumbai–Pune Expressway connector, completing a significant portion of its foundation and structural work. The project is designed to provide direct, signal-free connectivity between Mumbai and Pune while improving access to Navi Mumbai and the upcoming Navi Mumbai International Airport. Once operational, the corridor is expected to reduce travel time, improve logistics movement, and support regional growth under the Mumbai 3.0 vision, while also easing congestion in the island city through better infrastructure distribution.Read more
22 Apr 2026
The central government has operationalised the Urban Challenge Fund with a total outlay of INR 1 lakh crore, allocating INR 90,000 crore for city infrastructure projects. The scheme will support redevelopment of older urban areas, market upgrades, and mobility improvements. Unlike earlier programmes, it will provide limited central funding while pushing cities to raise a majority of funds through market sources like municipal bonds and PPPs. With additional provisions for project preparation and credit support, the initiative is aimed at improving infrastructure quality and financial capacity, especially in Tier-II and Tier-III cities.Read more
22 Apr 2026
Ahmedabad’s real estate sector is currently facing operational pressure due to shortages of key construction materials and a declining availability of labour. Developers have reported disruption in project execution as items like aluminium pipes, CPVC products, ceramics, and electrical fittings are not consistently available in the market. Along with supply issues, unstable pricing is affecting budgeting and cost planning. At the same time, a shortage of skilled and semi-skilled workers is slowing construction activity, leading to delays in project timelines and added strain on margins across ongoing developments in the city.Read more
22 Apr 2026
India’s oil and gas regulator, Petroleum and Natural Gas Regulatory Board, has initiated a nationwide push to develop liquefied petroleum gas (LPG) pipeline infrastructure aimed at reducing reliance on road-based transportation and improving supply efficiency. The plan includes nine identified pipeline projects, with bidding underway for four major routes spanning roughly 2,500 km. These projects are expected to attract investments of around INR 12,500 crore. The initiative seeks to enhance safety, reduce transit losses, and lower emissions by gradually replacing bulk LPG tanker movement. The regulator also indicated that pipeline-based transportation could play a key role in strengthening energy security, supporting India’s cleaner fuel transition, and improving connectivity between refineries, import terminals and bottling plants across regions.Read more
22 Apr 2026
Rahee Group is planning to invest up to INR 600 crore over the next three years to expand manufacturing capacity and strengthen its infrastructure capabilities. The investment includes a INR 200 crore foundry in Odisha through its subsidiary Rahee Track Technologies Ltd, alongside annual capex of INR 60–70 crore by Rahee Infratech Ltd. An additional INR 100 crore will be deployed in Pandrol Rahee Technologies to enhance product lines. The group is also exploring export opportunities and may consider an IPO over the next few years, while targeting standalone revenues of INR 2,000 crore amid rising demand from rail and metro infrastructure expansion.Read more
22 Apr 2026
Sterling and Wilson Renewable Energy Ltd secured new engineering, procurement and construction (EPC) orders worth over INR 3,550 crore, including a major solar project from Coal India Ltd. The largest contract involves an 875 MW solar PV project in Bikaner, Rajasthan, valued at around INR 3,490 crore, including operations and maintenance. The company also received a 50 MW project order in Maharashtra from a private independent power producer. With these additions, SWREL’s EPC order inflows for FY26 have crossed INR 10,062 crore, surpassing its initial annual targets and reflecting strong momentum in utility-scale renewable project execution.Read more