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

Tata Power-DDL partners with Magna Yuma to expand battery swapping infrastructure in Delhi

02 Aug 2025

Tata Power Delhi Distribution Limited (Tata Power-DDL), a major power utility in North Delhi, has formalised a partnership with Magna Yuma Private Limited to establish battery swapping stations for electric vehicles. Under the signed agreement, Tata Power-DDL will provide space at its substations, while Magna Yuma will manage the design, installation, and maintenance of the infrastructure. This alliance aims to boost the electric mobility ecosystem, particularly benefiting commercial two-wheeler users and gig workers. The collaboration aligns with broader sustainability goals and initiatives to promote clean transportation and reduce power theft.Read more

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IRF flags poor signage and safety lapses at highway construction sites in India

02 Aug 2025

Most road construction projects in India are ignoring basic work zone safety norms, leading to a rise in fatal crashes, warns the India Chapter of the International Road Federation (IRF-IC). President Akhilesh Srivastava highlighted the absence of warning signs, reflective tapes, barricades, flagmen, and proper lighting at many sites, citing a deadly crash on the Bengaluru-Chennai Expressway as a recent example. The IRF-IC has urged the NHAI, state PWDs, and contractors to enforce mandatory compliance with Indian Road Congress (IRC) guidelines, specifically IRC:SP:55-2014. These norms provide essential standards for work zone traffic management and aim to reduce preventable accidents.Read more

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BMC drops plan to convert Sion cycling track into parking lot

02 Aug 2025

The Brihanmumbai Municipal Corporation (BMC) has scrapped its proposal to convert a portion of the cycling track near Priyadarshani Garden in Sion, Mumbai, into a parking lot. This decision follows a detailed inspection that revealed a large water pipeline running underneath the track, making it unsuitable for parking. The track was originally built for cyclists but has remained largely unused. The civic body's reversal comes amidst a push for green spaces and sustainable transport in Mumbai, ensuring the area's original purpose is preserved, even as the search for suitable parking solutions continues across the city.Read more

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Jakson Green signs first wind power PPA for 100 MW project with GUVNL in Gujarat

01 Aug 2025

Jakson Green, a green energy transition platform, has signed its first wind Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 100 megawatt (MW) project in Gujarat. The 25-year agreement, secured through its subsidiary JGRJ Three Solar Private Ltd, sets a tariff of INR 3.59 per unit. This project is expected to generate over 300 million kilowatt-hours of clean energy annually, offsetting approximately 250,000 tonnes of CO2 emissions. This marks Jakson Green's entry into utility-scale wind energy, diversifying its portfolio and aiming to accelerate India's transition to a sustainable energy future by tapping into the nation's vast wind energy potential.Read more

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Juniper Green Energy signs 100 MW wind power PPA with GUVNL in Gujarat

01 Aug 2025

Juniper Green Energy has signed a 25-year Power Purchase Agreement (PPA) with Gujarat Urja Vikas Nigam Ltd (GUVNL) for a 100 megawatt (MW) wind power project in Gujarat. The agreement, executed through its subsidiary Juniper Green Bess Two Pvt Ltd, was finalized on July 18. This project is scheduled to begin supplying power from July 2027. With an additional 50 MW Letter of Intent (LoI) also recently received from GUVNL, Juniper Green Energy is strengthening its presence in Gujarat's renewable energy sector, aligning with India's sustainable energy future.Read more

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Avaada Group to collaborate with Bihar government on large-scale renewable energy project

31 Jul 2025

Avaada Group has entered into a partnership with the Bihar government to develop renewable energy infrastructure totalling 1 GW capacity across the state, with an investment of approximately INR 5,000 crore. The initiative includes the installation of ground-mounted, floating, and community solar power systems, as well as battery energy storage systems. The agreement is expected to generate 500 direct employment opportunities. It was signed between the Bihar Renewable Energy Development Agency and Avaada Energy CEO Kishor Nair, in the presence of key state ministers.Read more

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Bengaluru Airport City partners with Prestige Group for integrated convention and cultural hub

31 Jul 2025

Bengaluru Airport City Ltd (BACL), a subsidiary of Bangalore International Airport Ltd, has joined hands with Prestige Group to establish a large-scale, integrated convention and exhibition centre within the airport premises. Designed to host global events, the venue will include an 8,000-seat Convention and Exhibition Centre, a luxury hotel under the St. Regis brand, a performing arts theatre, premium office spaces, and curated food and beverage experiences. The collaboration highlights BACL's commitment to enhancing global connectivity and positioning Bengaluru as a leading MICE destination.Read more

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Five Mumbai gardens fail disability audit, BMC promises upgrades

31 Jul 2025

Five prominent gardens in Mumbai, including Shivaji Park and Kamala Nehru Park, have reportedly failed a recent disability access audit conducted by a non-profit organisation. The audit, which assessed features like ramps, accessible toilets, and tactile paths, found significant shortcomings, highlighting the Brihanmumbai Municipal Corporation's (BMC) failure to make public spaces inclusive for persons with disabilities. Despite past directives and ongoing efforts for accessibility, many gardens remain challenging for wheelchair users. The BMC has acknowledged the findings and committed to implementing necessary upgrades, aiming to ensure all public gardens meet universal accessibility standards.Read more

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Land and clearance issues stall nearly 500 National Highway projects

31 Jul 2025

Parliament was informed that 489 road projects originally due by March 2025 are facing delays due to land acquisition, forest clearances, and railway approvals. Union Minister Nitin Gadkari stated the government is coordinating with state authorities to address these issues. Many projects have also seen cost overruns caused by higher land compensation, GST, public-demanded infrastructure additions, and design changes to meet railway standards. In cases of prolonged delays, contracts may be terminated and re-awarded. Gadkari also confirmed national highways are built per Indian Road Congress (IRC) standards, with design speeds of up to 120 km/h for expressways and 100 km/h for highways.Read more

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Aaiji Group secures Gujarat RERA nod for residential project in Dholera SIR

31 Jul 2025

Aaiji Group has secured regulatory approval from the Gujarat Real Estate Regulatory Authority (RERA) for a residential plotting project in the Dholera Special Investment Region (SIR). The approval, valid until 2029, allows Aaiji Infraspace to develop residential plots across a 10,809 sq metre land parcel. The project is expected to benefit from large-scale infrastructure developments in Dholera, including the upcoming international cargo airport and the Ahmedabad-Dholera Expressway. Dholera SIR has already attracted significant corporate interest, including Tata Electronics' INR 91,000 crore semiconductor unit.Read more

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