Kotak Mahindra Bank: RLLR: 0.75 | From: 8.7% - To: 10.5%
Union Bank of India: RLLR: 0.5 | From: 8.5% - To: 10%
Bank of Baroda: RLLR: 0.5 | From: 9.25% - To: 11%
HDFC Bank: RLLR: 0.75 | From: 8.5% - To: 8.8%

Asset class : Infrastructure

PWD prepares plan for integrated transit corridor to ease congestion on South Delhi's SSN Marg

The Public Works Department (PWD) has started work on a detailed feasibility study for a proposed integrated transit corridor along SSN Marg in South Delhi's Chhatarpur area. The corridor, covering a stretch of about three kilometres from the Anuvrat Marg junction to DLF Farms, is planned to include a flyover, slip roads, and either an underpass or a foot-over-bridge. The project aims to ease persistent congestion caused by heavy traffic towards Gurugram and the airport. The feasibility report is expected to be completed within six months.Read more

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Asian transport experts explore Namo Bharat corridor's technology and design excellence

A team of transport specialists from South and Southeast Asian countries visited the Namo Bharat corridor this week to study India's advanced regional rail development. Accompanied by senior officials from the National Capital Region Transport Corporation (NCRTC) and facilitated by the Asian Institute of Transport Development (AITD), the group examined the corridor's modern infrastructure, commuter-focused design, and advanced signalling systems. They also explored the Make in India trainsets built in Gujarat and learned about the corridor's emphasis on sustainability, accessibility, and integration with other public transport systems.Read more

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Delhi Airport reopens renovated Terminal 2 after extensive revamp

The renovated Terminal 2 (T2) at Delhi's Indira Gandhi International Airport was inaugurated earlier this week by Civil Aviation Minister K. Rammohan Naidu. Initially built by the Airports Authority of India four decades ago, the terminal had been closed for renovation in April. With an upgraded annual capacity of 15 million passengers, the modernised facility aims to ease the load across the airport's three terminals and support growing air traffic in the national capital.Read more

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Premier Energies expands into solar inverter segment through KSolare acquisition

Premier Energies has entered the residential solar inverter market by acquiring KSolare Energy for INR 170 crore through a joint venture with Syrma SGS Technology. This move follows its acquisition of a majority stake in Transcon Industries for INR 500.3 crore. The JV aims to make made-in-India inverters widely available under government rooftop solar initiatives. A new manufacturing facility in Pune will increase production to one million inverters annually, while Premier Energies continues to expand its solar cell, module, and battery storage operations.Read more

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Bhubaneswar to host 84th Indian Roads Congress from November 7

The 84th Annual Session of the Indian Roads Congress (IRC) is set to be held at Janata Maidan in Bhubaneswar, Odisha, bringing together around 3,500 delegates, including engineers, technical experts, and other stakeholders from across India. Union Minister for Road Transport and Highways, Shri Nitin Gadkari, will inaugurate the four-day event, which Odisha is hosting for the sixth time. The conference will include technical exhibitions showcasing new developments in road infrastructure, innovative solutions, and cultural programmes, serving as a key platform for knowledge sharing and discussion on transport infrastructure.Read more

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Greater Bengaluru Authority rolls out ward-level climate action plans to curb emissions

The Greater Bengaluru Authority (GBA) is creating detailed ward-level climate action plans to address local environmental issues and support the city's goal of net-zero emissions by 2050. The Climate Action Cell (CAC) is leading the initiative, selecting ten wards across the city's five municipal corporations to develop tailored interventions. Each ward will have a specific plan identifying key challenges, mitigation steps, and prioritized actions. Environmental experts have welcomed the effort but stressed focusing on high-impact measures such as low-emission zones, bus priority lanes, and mapping the city's green-blue cover to strengthen Bengaluru's climate resilience.Read more

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MSRDC plans 10-lane expansion of Mumbai-Pune Expressway to ease traffic

The Maharashtra State Road Development Corporation (MSRDC) is set to upgrade the Mumbai-Pune Expressway into a 10-lane superhighway by 2030 to tackle rising traffic and future travel demands. The project, estimated at INR 14,260 crore, includes a construction cost of INR 8,440 crore. Funded under the Hybrid Annuity Model, the government will cover 40% while private investors provide 60%. Current work on a 13-km missing link in Khandala Ghat is ongoing, and land acquisition is expected to be minimal, with most land already held by MSRDC.Read more

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MahaMetro begins feasibility study for Sitabuldi-Koradi Phase 3 metro corridor

Maharashtra Metro Rail Corporation Limited (MahaMetro) has started a feasibility study for the 11.5 km Sitabuldi-Koradi metro corridor in Nagpur, part of the city's Phase 3 metro expansion. The study will examine traffic density, commuter movement, corridor alignment, and integration with existing transport systems. The corridor is projected to handle a peak hour peak direction traffic (PHPDT) of 5,600 by 2031, rising to 11,800 by 2054, and daily ridership of 65,000 to 147,000. Financial models, last-mile connectivity, and seamless transfers will also be assessed.Read more

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AAI set to finalise potential sites for Bengaluru's second airport

The Airports Authority of India (AAI) is set to submit its report on potential sites for Bengaluru's second international airport within a few days. Karnataka Infrastructure Development Minister M. B. Patil noted that the AAI team could recommend both inspected sites, but final approval will depend on financial feasibility and logistical factors. The government is proceeding with planning while adhering to the rule preventing another international airport within 150 km of Kempegowda International Airport until 2033. Tumakuru and South Bengaluru are among the proposed locations, with passenger demand and industrial needs guiding the final choice.Read more

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MIC Electronics secures RDSO approval for indigenous railway microcontroller

MIC Electronics, a Hyderabad-based electronics manufacturer, has received certification from the Research Designs and Standards Organisation (RDSO), Ministry of Railways, for its indigenously developed microprocessor controller. Designed for roof-mounted AC units in LHB and double-decker coaches, the prototype cleared all RDSO tests and specifications. With this approval, MIC Electronics can now supply the controllers directly to Indian Railways. The product emphasizes energy efficiency, smart controls, and IoT-enabled operations, marking a key step in the modernization of railway infrastructure.Read more

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BMC gets green nod for INR 2,395 crore Versova-Madh Bridge

The Brihanmumbai Municipal Corporation (BMC) has received environmental clearance from the Union Ministry of Environment, Forest and Climate Change for a INR 2,395 crore cable-stayed bridge connecting Versova to Madh Island. The project, which was initially envisioned in the 1967 Development Plan, is expected to reduce current commute times from 45-60 minutes to under 10 minutes. The bridge will pass over Marve Creek and mangrove areas, requiring additional approvals from the Bombay High Court. Construction is planned to start by year-end, with a three-year timeline for completion.Read more

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DGCA approves AVPL International's Hisar drone training centre

The Directorate General of Civil Aviation (DGCA) has approved AVPL International's Drone Remote Pilot Training Organisation (RPTO) in Sisai, Hisar, marking a key step in drone skill development in North India. The facility now has ten DGCA-approved flying zones providing hands-on training in drone operation and maintenance. Aimed at equipping youth, especially in rural areas, the RPTO prepares students for careers across sectors like agriculture, logistics, infrastructure, and environmental monitoring, strengthening regional employment opportunities in emerging drone technology.Read more

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JERA Nex BP pauses US Beacon offshore wind project as costs rise

JERA Nex BP has decided to pause the U.S. Beacon offshore wind project and lay off its American staff, citing rising costs, supply chain challenges, inflation, and regulatory hurdles. While the company will retain lease rights off Massachusetts, it sees no immediate path to further investment. Formed in August after a December agreement between JERA and BP, the joint venture manages assets and development projects with 13 gigawatts potential. The decision underscores ongoing difficulties in the U.S. offshore wind sector, including cost pressures and policy uncertainties.Read more

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Karnataka plans 1,500 high-capacity EV charging stations under PM E-Drive

The Karnataka government plans to set up 1,500 high-capacity EV charging stations under the PM E-Drive scheme, focusing on fast-charging heavy vehicles like buses and trucks with 60-240 kW outputs. With over 6,000 existing public chargers, the state aims to strengthen infrastructure for e-buses and e-trucks along highways, logistics hubs, and depots. Central subsidies will cover 80-100% of project costs, minimizing state expenses. Karnataka already leads India in charging station count and has sought 4,500 e-buses under PM E-Drive. Collaborations with major oil companies and upgrades to fast chargers further boost accessibility, positioning Karnataka as a frontrunner in large-scale EV infrastructure and fleet electrification.Read more

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Manipur: Chandel village chiefs oppose border fencing, seek Kuki-Zo autonomy

Village chiefs from Chandel district in Manipur have united to oppose the ongoing Indo-Myanmar border fencing, calling for construction to stop until the Kuki-Zo people receive a separate administrative setup. The Border Roads Task Force (BRTF) has begun fencing work near Moreh in Tengnoupal district as part of Project Sewak, while only 10 km of the 398 km Manipur-Myanmar border has been fenced so far. The 1,643 km India-Myanmar border spans four states and previously operated under a Free Movement Regime, which was revoked last year, now limiting movement to 43 designated points with Assam Rifles-issued border passes.Read more

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Kuwait signs USD 489 million deal with Turkey's Kuzu for wastewater treatment plant

Kuwait has signed a USD 488.9 million contract with Turkish company Kuzu to construct and operate a wastewater treatment plant for South Al-Mutlaa city. The plant will use a hybrid system of conventional and renewable energy and produce around 400,000 cubic metres of tertiary-treated water daily for agriculture and other uses. The deal coincided with Turkish President Erdogan's visit to Kuwait, where agreements on defence, energy, investment, and trade were also signed. Al-Mutlaa city will feature over 28,000 housing units, highlighting the scale and significance of the project.Read more

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Bombay High Court orders transfer of 10,000 hectares of mangrove land to forest department

The Bombay High Court has directed district collectors in six Konkan region districts to hand over 10,000 hectares of identified mangrove land to the Maharashtra forest department within two months. The order follows a contempt petition by Mumbai-based NGO Vanshakti, highlighting failure to implement a 2018 directive. The court has also set a detailed timeline for identifying, measuring, and transferring the remaining mangrove land. Previously, around 4,000 hectares had been transferred, but over 10,000 hectares remained pending, with some lands yet to be restored for mangrove cultivation.Read more

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Europe's logistics firms face profit pressure as freight rates hit 2024 lows

European shipping and logistics players are facing mounting headwinds as freight rates plunge to their lowest since early 2024 and demand remains weak. Ocean-container rates have collapsed largely due to oversupply and softer demand following U.S. tariff measures. Although container volumes grew about 4% in the January-to-August window, analysts say that spike reflected advance shipments ahead of tariffs and won't sustain rates. Firms such as DSV and Kuehne + Nagel are expected to report weaker quarterly results, while Maersk appears better insulated thanks to long-term contracts.Read more

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GCDA begins land pooling for Infopark Phase III to build AI-integrated township in Kochi

The Greater Cochin Development Authority (GCDA) has launched the land pooling process for Infopark Phase III, covering around 500 acres in Kunnathunad, Kochi. The project aims to create an AI-integrated township with digital management of all basic services and a focus on deep-tech startups. Additionally, the state government approved the transfer of 33.5 acres from Traco Cable Company to Infopark for its Phase IV expansion at a valuation of INR 200 crore. The development is expected to boost IT infrastructure and employment in the region.Read more

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Crown Castle raises full-year revenue forecast on strong 5G demand

Crown Castle Inc., a U.S.-based wireless tower operator, has raised its annual site rental revenue forecast for the second time this year, reflecting steady leasing demand from major carriers upgrading their networks to 5G. With around 40,000 towers across the U.S. and long-term agreements with AT&T, T-Mobile, and Verizon, the company now expects site rental revenue between USD 4.01 billion and USD 4.05 billion. In the latest quarter, it reported revenue of USD 1.01 billion and adjusted funds from operations of USD 1.12 per share, highlighting continued growth in its tower business.Read more

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