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

VOC Port invites bids for 56-hectare shipbuilding and repair yard in Tuticorin

12 Dec 2025

VOC Port has invited bids for a 56-hectare shipyard at Tuticorin port, including 49 hectares of land and 7 hectares of waterfront, on a 30-year lease with options for upfront or annual payments. Bidders must have shipbuilding or repair experience or partner with a qualified firm. The project will be awarded to the highest techno-commercially qualified bid. This development aligns with VOC Port's broader plans, including a recent MoU with SIPCOT to create a mega shipbuilding cluster, enhancing maritime infrastructure and employment opportunities in Tamil Nadu.Read more

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BMC issues INR 3,000 crore tender for Gargai dam to boost Mumbai’s water supply

12 Dec 2025

The BMC has issued a INR 3,000 crore tender to construct the Gargai dam in Palghar, Maharashtra, along with a 1.6km tunnel connecting it to the Modak Sagar reservoir. Initially approved in 2013, the project was delayed due to environmental concerns but received clearances earlier this year. Once operational, the dam will supply 440–450 MLD of water to Mumbai. The plan includes relocating six villages, compensatory afforestation, installing a hydropower unit, and building supporting infrastructure. Completion is targeted by 2029, enhancing Mumbai’s long-term water security.Read more

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Surat speeds up land acquisition for major multi-modal transport hub project

12 Dec 2025

The Surat Municipal Corporation has stepped up land acquisition for its planned multi-modal transport hub, signalling a move from planning to execution. The hub is designed to integrate bus, rail, taxi and local transit services, helping reduce travel time, ease congestion and improve connectivity across the city. Key land parcels have been identified for terminals, parking, passenger facilities and supporting infrastructure. Urban planners note that such a hub could boost real-estate demand in nearby areas, often leading to higher property values and better amenities. The project supports Surat’s wider goal of easing traffic pressure, expanding public transport and guiding sustainable urban development.Read more

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Odisha to get major highway upgrades as Centre approves INR 44,771 crore plan

11 Dec 2025

The Union government has sanctioned INR 44,771 crore for Odisha’s road infrastructure this financial year, focusing on national and state highway improvements and a proposed greenfield corridor. National highway upgrades cover Bhubaneswar–Puri, Tangi–Puintola–Ichchapuram, Rourkela–Barbil–Paradip, and NH149 sections. State highway projects include Barpali–Bolangir, Kesinga–Junagarh, Bolangir–Nayagarh, Hinjilikatu bypass, Berhampur–Kalusandhpur, and Parlakhemundi–Mohana roads. The planned Bhubaneswar–Paradip corridor will improve port connectivity, support industrial logistics, and boost economic growth across Odisha.Read more

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Centre approves 25 road projects in Tripura to improve connectivity for tribal habitations

11 Dec 2025

Tripura's Ministry of Rural Development has approved 25 road projects totaling 65.38 km under PM-JANMAN, costing INR 68.67 crore. These roads will connect 30 habitations of Particularly Vulnerable Tribal Groups (PVTGs), improving all-weather access to schools, healthcare, and markets. Beyond accessibility, the projects are expected to boost local trade, create employment during construction, and integrate remote communities with urban centres. This infrastructure push is a key step in supporting socio-economic development and inclusive growth in Tripura's tribal areas.Read more

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MSRTC to add 8,000 new buses by 2026 with fresh INR 2,893 crore support

11 Dec 2025

MSRTC will add 8,000 new buses to its fleet by 2026, according to Maharashtra transport minister Pratap Sarnaik. Tenders for 3,000 buses are already completed, with work orders issued to Tata and Ashok Leyland, while procurement for the remaining 5,000 buses is in progress. The state has also allocated INR 2,893 crore through a supplementary budget to clear long-pending staff dues and ensure timely monthly salaries. MSRTC will recruit 2,500 drivers on contract and continue working on its long-term plan to shift completely to electric buses by 2047.Read more

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NTPC Green starts power supply from 6.6 MW wind unit at Bhuj hybrid project

11 Dec 2025

NTPC Green Energy has begun commercial power supply from a 6.6 MW wind unit at its 100 MW hybrid renewable project in Bhuj, Gujarat. The project is being developed by Ayana Renewable Power Four, part of a joint venture between NTPC and ONGC. With this commissioning, NTPC Green Energy's installed capacity has risen to 7,645.675 MW, while its commercial capacity now stands at 7,639.075 MW. The broader NTPC Group's total installed and commercial capacity has reached 84,931 MW. The new wind addition strengthens NTPC's expanding renewable-energy portfolio and highlights the growing role of hybrid projects in enhancing generation stability and supporting India's clean-energy transition.Read more

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Karnataka forms monitoring group to fast-track Bengaluru's Namma Metro Blue Line

11 Dec 2025

The Karnataka government has decided to create a monitoring group to oversee the progress of Bengaluru's Namma Metro Blue Line, which will run from Central Silk Board to KR Pura along the Outer Ring Road. The committee will include government officials and industry representatives and will track construction, review delays, and coordinate road-infrastructure upgrades. The 19 km stretch with 13 stations is planned for completion by December 2026, with extensions toward the airport planned for 2027. The state has set aside INR 450 crore for related road work along the corridor.Read more

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Ranchi moves ahead with INR 48.72 crore plan to upgrade three key bus terminals

10 Dec 2025

Ranchi's administration has cleared a INR 48.72 crore plan to rebuild the ITI Bus Stand, the Government Bus Depot and the Birsa Munda Bus Terminal. Each terminal has been given a separate budget, and the redesign focuses on safer structures, better passenger facilities, organised parking and improved handling capacity. The older depot, which dates back to the 1960s, will be completely reconstructed, while the other two will be upgraded with new buildings and expanded services. The work is aimed at bringing these terminals closer to national standards.Read more

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Skilled labour shortage slows construction despite rising projects in Visakhapatnam

10 Dec 2025

Visakhapatnam's construction boom has been slowed by a serious shortage of skilled labour, which is affecting a wide range of projects from housing to smart-city upgrades and civic infrastructure. Builders struggle to find trained masons, electricians and finishing workers, leading to delayed timelines and rising costs. The shortage hits small and medium firms hardest while public works and municipal projects also face delays. In response, CREDAI Visakhapatnam is setting up a skill-development centre, and experts call for structured apprenticeships and on-site training to bridge the labour gap.Read more

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