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

Odisha to invest INR 46,000 crore in new port and shipbuilding hub near Paradip

Odisha has announced a combined investment of over INR 46,000 crore to develop a new deep?water port at Bahuda in Ganjam district and a ship building and repair centre at the Mahanadi river mouth near Paradip. The projects include a world class cruise terminal in Puri and are expected to boost trade, tourism, and industry. Paradip Port, central to the state's maritime growth, has expanded cargo capacity from 71 million tonnes in 2015 to 150 million tonnes by 2025, with targets of 300-500 million tonnes under national maritime plans.Read more

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IRB InvIT Fund acquires three highway assets worth INR 8,436 crore

IRB InvIT Fund has completed the acquisition of three highway assets from IRB Infrastructure Trust, valued at around INR 8,436 crore. Supported by INR 4,250 crore in fresh investments from global and domestic investors, the deal expands the Fund�s footprint to Uttar Pradesh and Haryana, bringing its total portfolio to nine operational highway projects worth about INR 16,000 crore. The acquisition extends the average concession life from 14 to 17 years and marks IRB InvIT�s first major fundraising since its 2017 listing. The move strengthens the Fund�s long-term growth strategy, enhancing value for investors and reinforcing its leadership in India�s highway infrastructure sector.Read more

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MMRDA plans 21 km double-deck flyover from Shil Phata to Bhiwandi

The Mumbai Metropolitan Region Development Authority (MMRDA) has announced a plan to build a 21-kilometre double-deck flyover connecting Shil Phata junction with Ranjnoli junction near Bhiwandi. The structure will include a four-lane road on the lower level and dedicated space for three metro lines on the upper deck. The corridor will connect with major projects like the Airoli-Katai Freeway, the Virar-Alibaug Multi-Modal Corridor, and the Mumbai-Ahmedabad Bullet Train alignment. The project aims to ease congestion and improve connectivity between Navi Mumbai, Kalyan, Dombivli, and Bhiwandi.Read more

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Punjab unveils Shahpur Kandi project to boost irrigation, power generation and tourism

Punjab Chief Minister Shri Bhagwant Mann inaugurated the Shahpur Kandi project earlier this week, aiming to strengthen the state's power generation and irrigation infrastructure. Built at a cost of around INR 3,394.49 crore, with Punjab contributing the major share and the remainder funded by the Centre, the project will benefit large tracts of farmland in the Majha region while creating employment opportunities. The dam will also support optimal use of water from the Ranjit Sagar dam and help prevent wastage flowing into Pakistan.Read more

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Maharashtra Cabinet clears 21 key proposals across infrastructure, health and housing

The Maharashtra Cabinet approved 21 key decisions spanning infrastructure, education, housing, health, and governance. It decided to dissolve Maha ARC Ltd after the RBI denied it a licence, and approved a state guarantee for a INR 2,000 crore HUDCO loan to fund land acquisition for the Virar-Alibaug Transport Corridor. Grants were sanctioned for new postgraduate courses at Nagpur's Laxmi Narayan Institute of Technology, and land regularisation under PMAY in Solapur will enable 30,000 homes. Other approvals covered Guru Tegh Bahadur's 350th martyrdom commemorations, judicial expansions, healthcare reforms, and regularisation of long-term leases. A Bandra land parcel was leased to Tirumala Tirupati Devasthanam for community facilities.Read more

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Gujarat announces five new satellite towns to promote planned urbanisation

The Gujarat Urban Development Department has announced that Kalol, Sanand, Savli, Bardoli, and Hirasar will be developed as new satellite towns under their respective urban development authorities, as part of the state's strategy to promote planned urbanisation and balanced regional growth. A high-level committee led by the Principal Secretary of Urban Development, along with municipal commissioners and officials from key departments, will oversee planning, financing, and implementation to align infrastructure with adjoining metropolitan standards. The government has allocated INR 50 crore for the project�s first phase, with urban authorities directed to assess manpower and resource needs. Each location has distinct potential-Sanand as an emerging semiconductor and industrial hub near Ahmedabad, Kalol's industrial-residential growth near Gandhinagar, Savli's ongoing expansion under Vadodara, Bardoli's inclusion in the Surat Growth Hub, and Hirasar's development around Rajkot's new international airport.Read more

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Goregaon East metro station renamed as Zurich Kotak Goregaon East

Zurich Kotak General Insurance has partnered with Mumbai Metro to brand the Goregaon East station on Metro Line 7 as 'Zurich Kotak Goregaon East.' Located beside NESCO, one of Mumbai's major commercial hubs, the station serves thousands of daily commuters and connects key residential and business areas such as Goregaon and Andheri. The initiative reflects the company's vision to integrate its brand with the city's mobility ecosystem while symbolizing progress, reliability, and long-term commitment to India's growing infrastructure landscape.Read more

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20,000 villagers rally against formation of Himmatnagar Urban Development Authority

Around 20,000 villagers from 11 villages in Himmatnagar taluka of Sabarkantha district participated in a protest rally at Kanknol village, demanding that the government withdraw its decision to establish the Himmatnagar Urban Development Authority (HUDA). The proposed body involves acquiring about 7,600 acres of farmland, impacting nearly 9,000 farmers. Protestors have been holding demonstrations for over 40 days, alleging that the plan threatens agricultural livelihoods. They have given a 15-day ultimatum to the state, warning of an indefinite fast if their demand is ignored.Read more

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Singapore to preserve Lee Kuan Yew's former home as a national monument

The Singapore government has announced plans to gazette the bungalow at 38 Oxley Road, the former home of founding Prime Minister Lee Kuan Yew, as a national monument. Built in 1898, the house was deemed of great historic value by the National Heritage Board and Singapore Land Authority for its role during the 1950s when Singapore was transitioning from a colony to an independent nation. Although Lee's will requested its demolition, the government stated it would preserve the site respectfully, removing all traces of private living areas if it becomes a public heritage space.Read more

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Mumbai Airport to halt flight operations for six hours on November 20 for maintenance

The Mumbai International Airport Ltd (MIAL) has announced a temporary suspension of flight operations on November 20 for six hours to carry out its annual post-monsoon maintenance. Both intersecting runways 09/27 and 14/32 will remain closed from 11 am to 5 pm. The airport operator has issued a Notice to Airmen (NOTAM) in advance to help airlines and ground staff adjust flight schedules and operations. The maintenance will include surface repairs, technical inspections, and checks of runway lights, markings, and drainage systems.Read more

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Tuticorin port inks green-energy investment proposals over INR 1 lakh crore

The V.O. Chidambaranar Port Authority (VOCPA) in Tuticorin revealed that it has entered into 28 agreements with major players in the green-energy space, totaling investments exceeding around INR 1.27 lakh crore (over USD 15 billion). The key pacts include a storage facility for green ammonia with Green Infra Renewable Energy Farms Private Limited (a part of the Sembcorp group) valued at INR 25,400 crore; a green ammonia production plant with ACME Green Hydrogen and Chemicals Private Limited (1,200 MTPD) worth INR 12,000 crore; and a 300 TPD facility with CGS Energy Private Limited valued at INR 5,000 crore. These moves build on the port's earlier pilot green-hydrogen and renewable-energy efforts, and signal a pivot towards becoming a green-hydrogen hub in southern India.Read more

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PM Modi to inaugurate new Vande Bharat train connecting Varanasi and Khajuraho

Prime Minister Shri Narendra Modi will inaugurate the Varanasi-Khajuraho Vande Bharat Express later this week, marking another addition to India's expanding semi-high-speed rail network. The train will operate six days a week, covering 443 km in about 7 hours 40 minutes. It will connect major cities and pilgrimage points such as Vindhyachal, Prayagraj Chheoki, Chitrakut Dham, Banda, and Mahoba. This will be the fifth Vande Bharat Express originating from Varanasi, aimed at improving tourism and easing travel between eastern Uttar Pradesh and central Madhya Pradesh.Read more

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Noida and Ghaziabad property registrations to pause from Nov 8-11 for system upgrade

The Uttar Pradesh Stamp and Registration Department has announced that property registration services in Noida and Ghaziabad will be suspended from 8 to 11 November as the online portal transitions from the NIC-operated Meghraj cloud to the National Govt Cloud (NGC). The move aims to improve system reliability, speed, and data security. Assistant Inspector General Brijesh Kumar said legal professionals and the public were notified in advance to plan their activities. With around 1,300 registrations processed daily across both cities, the two working-day halt is expected to affect revenue. Sub-registrar staff will remain on duty during the migration to assist with testing and system reactivation.Read more

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KPI Green Energy signs 150 MW wind power deal with Gujarat utility

KPI Green Energy has entered into an agreement with Gujarat Urja Vikas Nigam Ltd (GUVNL) to supply electricity from a 150 MW wind energy project. This follows a Letter of Intent issued under GUVNL's competitive bidding process and subsequent approval of the tariff and PPA by the Gujarat Electricity Regulatory Commission. The project will start supplying power in November 2027 at a fixed rate of INR 3.64 per unit for 25 years. The move strengthens KPI Green's wind portfolio and supports its target of 10 GW of renewable capacity by 2030.Read more

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BMC to resurface Vikhroli, Vakola and Aarey flyovers under INR 35 crore plan

The Brihanmumbai Municipal Corporation (BMC) will take charge of resurfacing three key flyovers at Vikhroli, Vakola and Aarey, under a project estimated at around INR 30-35 crore, with reimbursement to follow from the Maharashtra State Road Development Corporation (MSRDC). The move follows directives from Shri Piyush Goyal and Shri Devendra Fadnavis aimed at easing traffic flow on the Western Express Highway. Tendering was scheduled this week and work is expected to begin in early December. The flyovers, though under MSRDC's jurisdiction, will now be handled by the civic body to speed up repairs.Read more

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Noida Airport to feature full road, rail and bus access as UP govt accelerates connectivity

The Noida International Airport at Jewar is poised to benefit from a multi-modal access network combining road, rail and bus links, according to the Government of Uttar Pradesh. The airport, already linked to the Yamuna Expressway, will also connect to the Delhi�Mumbai Expressway and the Eastern Peripheral Expressway. A detailed project report has been approved for a rail corridor and a new station on the high-speed Delhi�Varanasi line is being included. Bus and electric-bus services will link nearby cities and metro networks, while ride-hailing and car rental ties are in place. Phase 1 will be on 1,334 ha with one terminal and capacity for about 12 million passengers annually, developing over four phases to 5,000 ha and up to 300 million passengers one day.Read more

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Panvel civic body begins fire safety audit across schools, hospitals, and hotels

The Panvel City Municipal Corporation (PCMC) has begun a large-scale fire safety inspection drive across schools, hotels, hospitals, and other commercial and institutional buildings under its jurisdiction. This move came in the wake of recent fire incidents reported from Kharghar and Kamothe, prompting the civic body to undertake preventive measures. Over the next six months, two inspection teams will operate across six key nodes � Panvel, New Panvel, Kamothe, Kalamboli, Rodpali, and Taloja � to assess fire safety compliance, verify the validity of NOCs, and update safety records. Establishments will also be encouraged to undertake self-rectification based on feedback from the PCMC�s fire-brigade department.Read more

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Delhi Jal Board plans new sewage treatment plant in Rangpuri to address sewage crisis

The Delhi Jal Board (DJB) has announced plans to build a new sewage treatment plant (STP) in Rangpuri, located near the IGI Airport, to tackle the persistent sewage management issues in South Delhi. The plant, with a capacity of treating 15 million gallons of sewage daily, will enhance the city�s sewage infrastructure and improve the quality of water bodies. With the construction expected to begin soon, the project aims to address the city�s long-standing sewage treatment gaps, reducing untreated waste discharge into the Yamuna River. This move aligns with the DJB�s broader efforts to modernize and strengthen Delhi�s water management system.Read more

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Delhi Airport records 34% rise in Asia-Europe transit passengers

Indira Gandhi International Airport (IGIA) in Delhi handled over 6.7 lakh transit passengers between Asia and Europe in the past year, marking a 34 % increase from around 4.98 lakh a year earlier. The growth highlights Delhi�s emergence as a preferred hub for connecting flights between the two regions. Air India contributed nearly two-thirds of the east-west transit flow, followed by IndiGo with one-fourth. Japan Airlines� upcoming daily service to Tokyo Narita, beginning in early 2026, is expected to further strengthen IGIA�s global connectivity.Read more

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MCD secures INR 615 crore loan for advanced road cleaning in Delhi

The Municipal Corporation of Delhi (MCD) has secured a loan of INR 615 crore to enhance road cleaning operations across the city. This funding, sourced from the Punjab National Bank (PNB), will be used to purchase advanced machinery that aims to improve efficiency and ensure better cleanliness on Delhi's roads. This initiative is part of the MCD's broader plan to maintain a cleaner environment and bolster waste management strategies in the national capital. The loan will contribute to the MCD�s ongoing efforts to modernize its sanitation services, especially focusing on road maintenance.Read more

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