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

MDL and Swan Defence to build landing platform docks for Indian Navy

Mazagon Dock Shipbuilders Ltd (MDL) and Swan Defence & Heavy Industries Ltd (SDHI) have entered into a teaming agreement to jointly design and build landing platform docks (LPDs) for the Indian Navy as part of India's ongoing efforts to strengthen domestic defence production. The partnership was announced during India Maritime Week 2025 in Mumbai, shortly after the Defence Acquisition Council's approval for LPD procurement. MDL will manage the design and overall project execution, while SDHI will provide shipbuilding infrastructure and fabrication capabilities. The initiative highlights growing collaboration between public and private players in India's defence shipbuilding industry.Read more

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Patna Smart City deploys surveillance network across Ganga ghats for Chhath preparations

Patna Smart City Limited installed a surveillance network of 187 cameras covering 35 major ghats along the Ganga river to support the forthcoming Chhath Mahaparv in Patna. The cameras, which include fixed and pan-tilt-zoom units, are linked to the city's Integrated Command and Control Centre (ICCC). Four temporary control rooms will also be operational, managed by district administration and police teams. Alongside this, 16 public address (PA) systems at the ghats will broadcast safety and cleanliness messages.Read more

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MOL and SCI partner to boost green tugboat operations across Indian ports

The Japanese shipping firm Mitsui O.S.K. Lines (MOL) and India's Shipping Corporation of India (SCI) signed an MoU earlier this week to collaborate on tugboat operations in India. The partnership aims to meet rising tug-service demand amid container throughput growth of around 6-8 % and energy cargo growth of 3-5 % annually. It is also aligned with India's low-emission initiative under the Green Tug Transition Programme that seeks to convert major-port tugs to "green" status by 2040. MOL will bring its expertise in safe port operations and alternative fuels, while SCI provides local infrastructure and port-network presence.Read more

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Prayagraj Corporation rolls out INR 5 crore plan to develop "Model Parks" under Smart City drive

The Municipal Corporation of Prayagraj (MCP) has announced that it will develop seven major parks as "Model Parks" under the Smart Cities Mission, with a budget of INR 5 crore. In the first phase, four parks each over one acre will be selected after a city-wide survey. Candidate sites include Naini, Shankusi, Phaphamau, Kalindipuram, Rajrooppur, Kydganj, and Tikonia Park near the Parade Ground. These parks are to feature walking tracks, open-air gyms, child-friendly play areas, seating for older adults, shade and ornamental plants, LED boards for traffic and cyber-safety awareness, and eco-friendly design. MCP also plans to revamp parks in housing-project areas under the Prayagraj Development Authority, including a 32-bigha park in Rajrooppur which has already been surveyed.Read more

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Progota India receives RDSO approval for Kavach 4.0 trials

Progota India Pvt. Ltd., an associate company of Concord Control Systems Ltd., has obtained the 'Technical Prototype Clearance' from the Research Designs & Standards Organisation (RDSO) for the latest version of the Kavach 4.0 automatic train protection (ATP) system. The approval allows the company to conduct its trial order with the South Central Railway zone and qualifies it as a developmental vendor for future tenders under Indian Railways. Concord recently increased its shareholding in Progota from 26 % to 46.5 %, further strengthening its collaboration for the rollout of Kavach 4.0.Read more

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Civil Aviation Ministry and AAI team assess proposal for Kishtwar Airport upgrade

A joint team from the Ministry of Civil Aviation and Airports Authority of India visited Kishtwar recently to assess the proposal for upgrading the town's airstrip under the UDAN regional connectivity scheme. The officials conducted a ground-level study to examine the terrain and feasibility of expansion, followed by meetings with local authorities. The team is expected to submit its findings to higher officials soon. Earlier this year, Minister Jitendra Singh had announced that Kishtwar would get a full-fledged airport adjacent to the Chaugan ground.Read more

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UP government approves additional security personnel for Noida-Greater Noida Metro network

The Uttar Pradesh government has approved the reservation of 46 posts under the 5th Battalion of the UPSSF, Saharanpur, to bolster security along the Noida-Greater Noida Metro corridor. The sanctioned positions include one assistant commandant, three sub-inspectors, six head constables, and 36 constables, who will be deployed across 21 metro stations. The decision, based on a proposal from the ADG (UPSSF), follows rising security demands at metro stations and adjoining transport hubs. The 5th Battalion already oversees duties at the RRTS corridor, Hindon Airport, and Saharanpur Airport. This deployment aims to enhance operational efficiency, staff welfare, and public safety while preparing for future transit-linked security needs.Read more

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UAE and Oman sign agreement for cross-border freight rail corridor linking Abu Dhabi and Sohar

The UAE and Oman have signed an agreement to launch the region's first dedicated cross-border freight rail service, linking Abu Dhabi and Sohar. The deal between Hafeet Rail and Noatum Logistics will see seven container trains per week, each carrying 276 TEUs, enabling an annual capacity of nearly 193,200 TEUs. The service will transport goods such as manufactured items, food, pharmaceuticals, and agricultural products, reducing costs, transit time, and carbon emissions. Announced at Global Rail 2025, the project supports both nations' sustainability and diversification goals, marking a milestone in green logistics and regional trade integration, and positioning the UAE-Oman corridor as a model for efficient, eco-friendly freight transport.Read more

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REC and Sagarmala Finance Corporation join hands to boost maritime infrastructure growth

State-run REC Ltd has entered into an initial partnership with Sagarmala Finance Corporation Ltd (SMFCL) to jointly explore financing opportunities within India's maritime and allied infrastructure sectors. The collaboration, formalised through a Memorandum of Understanding (MoU) signed earlier this week, aims to strengthen financial cooperation to accelerate port-led development and support the country's blue economy ambitions. Senior officials from both organisations attended the signing ceremony, underscoring their commitment to advancing critical maritime infrastructure.Read more

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NGT tells Mizoram government to submit fresh data on waste and sewage management

The National Green Tribunal (NGT) directed the Mizoram government to lodge a new, detailed report on solid and liquid waste management after finding serious deficiencies in an earlier submission. The previous report did not carry certification by a senior state official, and lacked timelines, fund allocations, executing-agency details and clear data on door-to-door segregated collection. It found that Mizoram generates about 398.15 tonnes of solid waste per day, of which 67.65 tonnes remain unprocessed, and produces 51.81 million litres per day of sewage while treatment capacity is much lower. The NGT asked for a revised Action Taken Report (ATR) that covers generation, collection, processing gaps, fund allocation and timelines, with a filing due ahead of the next hearing.Read more

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Poland's Naftoport plans new jetty to boost seaborne supply to Germany

Poland's oil-terminal operator Naftoport, majority-owned by state pipeline firm PERN, plans to build a new jetty at its Gdansk terminal beginning this year. When it comes online in the latter half of 2028, the facility's annual capacity will rise to about 49 million metric tons. The expansion aims to relieve pressure on existing infrastructure, as the terminal has been near full capacity since 2023, and will enable Germany's refineries such as PCK Schwedt and Leuna to shift fully to seaborne crude. Throughput this year is projected to exceed 39 million metric tons and remain steady into 2026.Read more

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Ramco Systems and ePlane partner to accelerate India's electric air-taxi ecosystem

Ramco Systems has entered a memorandum of understanding with The ePlane Company to provide its aviation software for managing ePlane's electric air taxi, air ambulance, and air cargo fleets. The partnership aims to support the development and certification of ePlane's e200X aircraft, India's first flying electric taxi. ePlane, incubated at IIT Madras, has received DGCA's Design Organisation Approval and holds patents in eight countries. The agreement will help streamline maintenance, supply chain, safety, compliance, and operational management as ePlane moves towards commercial rollout.Read more

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Uttarakhand CM reviews INR 500 crore Banbasa Land Port to boost India-Nepal trade

Uttarakhand Chief Minister Pushkar Singh Dhami reviewed the Banbasa modern land port project, calling it a key initiative to strengthen India-Nepal trade and regional development. The project, led by the Land Ports Authority of India (LPAI), has received over INR 500 crore for its first phase, with all environmental and land clearances completed. Construction began after approval for diverting 84 acres of forest land. The land port will integrate customs, security, and trade agencies in one complex, improving efficiency and transparency. Strategically located to boost formal trade and local employment, the project marks a major step toward enhanced connectivity, infrastructure, and cross-border cooperation in Uttarakhand.Read more

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NOVA and Tata Elxsi collaborate to co-develop Kavach 4.0 for safer Indian railways

NOVA Control Tecnologix (NOVA), a deep-tech subsidiary of e2E Transportation Infrastructure Limited, has announced its launch as India's full-stack rail Original Equipment Manufacturer (OEM) along with a strategic partnership with Tata Elxsi to co-develop Kavach 4.0, the next-generation indigenous automatic train protection (ATP) system. Under the partnership, NOVA will manage manufacturing, testing and integration, while Tata Elxsi will lead hardware and software design, prototyping, RDSO/SIL4 safety certification and cybersecurity. The initiative aims to strengthen India's self-reliance in railway safety and accelerate nationwide adoption of Kavach 4.0.Read more

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NMMC removes 8,000+ illegal hawkers, 1,000 hoardings in citywide drive

The Navi Mumbai Municipal Corporation (NMMC) has intensified its anti-encroachment drive across all eight regional offices following complaints of increased unauthorised hawking and traffic disruptions during the festive season. Acting under the directives of Municipal Commissioner Dr Kailas Shinde, the campaign was carried out under the supervision of Additional Commissioner (2) Dr Rahul Gethe and Deputy Commissioner (Encroachment) Dr Kailas Gaikwad. The operation targeted illegal hawkers, unauthorised vehicles, and hoardings, resulting in penalties amounting to INR 7.45 lakh being collected over the past week.Read more

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Gujarat Pipavav Port partners with Gujarat Maritime Board for major infrastructure expansion initiative

Gujarat Pipavav Port Ltd (GPPL) recently announced that it had entered into a non-binding memorandum of understanding with the Gujarat Maritime Board (GMB) to explore an investment of around INR 17,000 crore aimed at expanding and modernising port infrastructure. The proposed investment is subject to the extension of the existing concession agreement, which is currently due to expire in September 2028. The initiative seeks to enhance capacity for container, liquid cargo, and roll-on/roll-off operations, while also upgrading storage, rail connectivity, and multimodal logistics infrastructure linking the port with northern and western India.Read more

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Kolkata Port secures INR 48,000 crore investments at India Maritime Week 2025

The Syama Prasad Mookerjee Port (SMP) in Kolkata has secured more than INR 48,000 crore in strategic investment commitments through multiple partnerships signed during India Maritime Week 2025 in Mumbai. The agreements cover a range of projects, including new container terminals, riverfront development, dredging operations, and industrial infrastructure expansion. Major companies such as Haldia Petrochemicals, Adani Ports, JSW Infrastructure, Dredging Corporation of India, and UltraTech Cement have committed significant investments aimed at enhancing port capacity, connectivity, and economic growth in eastern India.Read more

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DMRC to develop automated cargo evacuation system at Kandla Port

Delhi Metro Rail Corporation (DMRC) signed a memorandum of understanding with Deendayal Port Authority, Umeandus Technology Private Limited, and BEML Limited to develop a real-time automated cargo evacuation system (e-FTS) at Kandla Port in Gujarat. As part of the agreement, DMRC will manage operations and maintenance of the pilot project for 25 years. The system will integrate blockchain, artificial intelligence, machine learning, and Internet of Things (IoT) technologies to enhance cargo-handling efficiency, lower operational costs, and promote sustainability. The concept also holds potential for replication at other major ports in the future.Read more

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Gauhati High Court seeks progress report on Mizoram highway repairs

The Aizawl bench of the Gauhati High Court has asked the contractor handling the repair of the National Highway 306/06 Sairang-Kawnpui stretch in Mizoram to submit an affidavit on current progress and completion schedule, following a public interest petition by the Mizoram Truck Driver Association raising concerns over the road's dilapidated state. The court set a deadline for the report and warned that officials from the National Highways and Infrastructure Development Corporation Limited (NHIDCL) may need to appear in person if the contractor fails to respond. The highway is considered vital for Mizoram's supplies and transport.Read more

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BCPL wins INR 32.58 crore railway electrification contract from RVNL

BCPL Railway Infrastructure Ltd (BCPL) has received a contract worth INR 32.58 crore from Rail Vikas Nigam Ltd (RVNL) for overhead electrification (OHE) modification in parts of the Dhanbad Division under East Coast Railway. The project involves 25 kV works, including design, supply (excluding certain steel structures and conductors), erection, testing, and commissioning of a 2×25 kV feeder line system. The project is targeted to support a 3,000-tonne loading capacity and is expected to be completed within 16 months. BCPL's management expressed optimism about sustained project inflows in the rail electrification sector.Read more

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