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

Patna Metro set for next launch phase with 6.5 km stretch close to commissioning

Work on Patna Metro's priority corridor, part of Corridor II, has reached its final stage. Three stations are operational, while Malahi Pakri and Khemnichak are being completed on a high-priority schedule. Critical systems like track laying, signalling, and electrification are under round-the-clock monitoring. The 6.5?km elevated section, once operational, will connect five key stations, easing traffic in the city. Simultaneously, preparatory work continues for Corridor I and Corridor II, which together will form a 31?km network with 24 stations, combining elevated and underground stretches across Patna.Read more

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RITES receives CEAI award for innovation and sustainability in the USBRL rail project

RITES has received the CEAI National Award for Engineering Innovation and Sustainability for its work on the Udhampur-Srinagar-Baramulla Railway Line (USBRL). The company managed alignment design, surveys and bridge design for 20 bridges along the 272-km route. It also completed technical audits for 25 bridges, including the Chenab Bridge and Anji Khad Bridge, and installed structural health monitoring systems on two major bridges. The award was presented to the company's senior leadership during the CEAI Annual Conference and Awards 2025 held in New Delhi.Read more

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Delhi government introduces PM-Pragati style tracking system and expands waste-to-energy plan

Delhi has cleared a PM-Pragati-ike project-monitoring mechanism to speed up major public works, especially those above INR 5 crore. The system, expected to be known as CM-Pragati, will allow the Chief Minister to review progress through a digital dashboard and hold departments accountable for delays. Alongside this, the city has announced a detailed waste-management and pollution-control plan. The approach includes expanding waste-to-energy capacity, upgrading existing plants, adding a new WTE plant in Bawana by mid-2027, and targeting the removal of legacy waste by December 2028.Read more

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Delhi increases focus on 9-metre e-buses to improve movement on congested roads

The Delhi government is expanding its use of nine-metre electric buses to address congestion and narrow road conditions across the city. Officials have already ordered 2,800 e-buses, with half of them being nine-metre units, and the next purchase plan includes 1,200 more buses, of which 800 will be the compact ones. These smaller buses cost around INR 1 crore each, compared with INR 1.5 crore for a 12-metre bus, and offer better manoeuvrability. The decision aligns with Delhi's wider plan to upgrade its fleet, enhance last-mile reach, and shift steadily toward electric mobility.Read more

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Centre clears INR 2,781 crore rail upgrade to strengthen routes in Gujarat and Maharashtra

The Centre has approved two rail infrastructure projects worth INR 2,781 crore aimed at improving connectivity in Gujarat and Maharashtra. The plan includes doubling the 141-km Okha-Kanalus line and adding the 3rd and 4th tracks along the 32-km Badlapur-Karjat stretch. Together, the works will add around 224 km to the rail network and support nearly 585 villages with a population of about 3.2 million. The projects are expected to ease freight movement, meet rising suburban demand and contribute to reduced emissions through improved network efficiency.Read more

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Maple Infrastructure Trust expands portfolio with five new toll road acquisitions

Maple Infrastructure Trust has acquired five toll road assets from Ashoka Concessions Limited and associated entities, adding over 2,100 lane kilometres to its existing portfolio. This expands the trust's holdings from two assets covering 1,212 lane kilometres to seven assets totaling 3,328 lane kilometres, marking a 1.7-fold growth. The acquired roads span West Bengal, Karnataka, Maharashtra, Chhattisgarh, and Odisha, including the strategically important Dhankuni-Kharagpur toll road in West Bengal. These projects lie along key economic corridors such as the Golden Quadrilateral and the East-West Corridor, enhancing connectivity and supporting trade.Read more

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UK approves Heathrow's GBP 49-billion expansion plan for third runway by 2035

The UK government has approved Heathrow Airport's 49 billion pound (USD 64 billion) expansion plan, prioritizing it over Arora Group's smaller proposal. The plan, including a new runway, motorway rerouting, and terminal construction, is expected to be operational by 2035, with planning consent by 2029. Recent government support for other UK airport projects demonstrates a continued focus on aviation growth. Heathrow's owners welcomed the decision but seek regulatory clarity, while airlines express concerns about potential higher charges to fund expansion. The project also faces scrutiny regarding environmental and air quality regulations.Read more

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L&T rebrands data-centre arm as Vyoma to strengthen digital infrastructure push

L&T has renamed its data-centre arm from L&T Cloudfiniti to Larsen & Toubro-Vyoma, reflecting a strategic focus on digital infrastructure. Vyoma aims to leverage L&T's engineering expertise to offer scalable, sustainable, and AI-ready data-centre solutions. The company plans to establish hyperscale facilities in cities including Mumbai, Chennai, and Bengaluru to meet growing demand for high-performance computing and data storage. The move aligns with the rapid growth of India's digital economy, cloud adoption, AI workload expansion, and data?localisation requirements.Read more

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Chennai Metro to roll out six-car trains by 2028 to ease peak-hour congestion

CMRL is planning to introduce 28 six-car trains by 2028 to increase capacity on its main corridors. These trains will carry up to 1,800 passengers, reducing waiting times and easing peak-hour congestion. Current monthly ridership exceeds one crore, with further growth expected due to Phase I extensions and Phase II development. Stations are prepared for longer trains, with upgrades like platform screen doors planned. The trains will be built domestically and equipped with technology for future driverless operation, addressing both immediate and long-term commuter needs.Read more

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Sustainability and tech to define the next decade of India's retail real estate

Indian retail real estate is moving into a transformation phase, driven by rapid urbanisation, surging retail space demand and a clear shift towards sustainability and smart technology. With India's green building footprint now exceeding 13 billion sq. ft., developers are increasingly viewing energy-efficient design as a direct contributor to profitability and long-term asset value. Simultaneously, the emergence of IoT-based systems, advanced analytics and intelligent retail infrastructure is redefining operational models across malls and retail parks. Industry leaders believe the future will rely on low-impact, high-experience environments where sustainability and technology work hand in hand.Read more

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Gorakhpur-Pilibhit Express extended to Bareilly to improve rail access in Uttar Pradesh

The Gorakhpur-Pilibhit Express has now been extended to Izzatnagar in Bareilly, strengthening rail connectivity across eastern and northern Uttar Pradesh. The extension was launched virtually by Railway Minister Ashwini Vaishnaw along with Minister of State Jitin Prasada. Officials said the new link will support commuters, farmers, students, and traders across the Terai region. The service, which earlier operated only up to Pilibhit, will now run on a longer route but will discontinue its earlier stretch between Daliganj Junction and Lucknow Junction. The move aligns with ongoing railway upgrades across the state.Read more

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Kolkata Metro boosts Purple Line frequency, improving links with Majherhat Station

Kolkata Metro has announced extended weekday operations on the Purple Line, increasing services from 80 to 84 and expanding operating hours from 6.40 am to 9.26 pm. The first train will depart Joka at 6.40 am and Majherhat at 7.03 am, with the last trains leaving at 9.05 pm and 9.26 pm respectively. Officials said the earlier start and later close will benefit commuters using Eastern Railway's Majherhat station by improving interchange options. Weekend timings remain unchanged, with services running only on Saturdays. The 7.75-km Joka-Majherhat stretch will eventually connect to Esplanade, where the Purple Line will integrate with the Blue and Green lines to enhance central Kolkata's connectivity.Read more

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Delhi Metro strengthens dust-control measures with deployment of 82 anti-smog guns

The Delhi Metro Rail Corporation has deployed 82 anti-smog guns across its construction sites as part of its dust-control measures. The agency has also made these machines mandatory in all civil contractor agreements. This development came in the same period when the Municipal Corporation of Delhi issued fines worth INR 3.8 lakh over alleged violations on a stretch near Mehrauli-Badarpur Road, which DMRC contested, stating that only a small section of that road falls under its work. The initiative aligns with Delhi's updated rules for anti-smog systems at large commercial buildings.Read more

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Patna's major road and bridge works reviewed by CM to ensure timely completion

Bihar Chief Shri Minister Nitish Kumar reviewed the Danapur-Bihta elevated corridor and the Sherpur-Dighwara Ganga bridge this week and asked officials to speed up the remaining work. Authorities briefed him that construction on both projects is progressing without major hurdles. The Danapur-Bihta corridor is planned to improve access between Patna, NH-922, Koilwar bridge and the upcoming Bihta International Airport. The Sherpur-Dighwara bridge will link with JP Ganga Path, offering a smoother route towards Chhapra, Siwan, Gopalganj and Hajipur, helping reduce traffic inside Patna.Read more

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MoRTH plans new contractor rating system to boost accountability in highway projects

The Ministry of Road Transport and Highways (MoRTH) is developing a new rating mechanism to evaluate contractor performance across National Highways projects. A concept note proposes classifying contracts into three value tiers-from INR 100-300 crore, INR 300-1,000 crore, and above INR 1,000 crore-with ratings conducted annually. EPC and HAM projects will be assessed together, while BOT projects will be rated separately due to differing risk structures. Joint venture partners with over 26% stake will share the project's rating, and contractors involved in multiple projects will receive consolidated scores. MoRTH has invited feedback within 21 days, continuing its push for greater transparency, digital oversight and accountability in highway development.Read more

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Mumbai plans 3 km underground pedestrian tunnel network to strengthen Metro 3 access

Mumbai Metro Rail Corporation has drawn up a proposal for a 3 km network of underground pedestrian tunnels to improve connectivity at the Science Centre (Worli) and BKC stations of Metro Line 3. The plan includes a 1.4 km tunnel linking BKC station with the upcoming bullet train terminal, and two tunnels at Worli measuring 1.1 km and 500 m. Each tunnel will be around 5 metres wide and will include escalators and elevators. The INR 250 crore project will be funded by MMRC and BMC, supported by TOD incentives, and is targeted for completion by 2029-30.Read more

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Anna Salai flyover set for March completion as work quickens on key stretches

Work on the 3.2-km, four-lane elevated corridor between Teynampet and Saidapet is visibly picking up pace. With 40 of 91 piers in place, the highways department has started installing steel spans (ranging from 11 m to 30 m) brought in from Mumbai and Gujarat. Of the 91 pillars, 69 are being built over the underground metro corridor, which helps speed up the foundation work. However, delays persist near Nandanam and Teynampet due to high-voltage power-line relocation and soil-stabilisation issues. Earlier optimism for a public opening before Pongal has given way to a revised target of end-March.Read more

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Madras High Court seeks government response on plea for revised DPR of stalled Madurai Metro

The Madras High Court has issued notices to the Union Government, the Tamil Nadu Government and Chennai Metro Rail Limited after a petition sought a revised detailed project report (DPR) for the long-pending Madurai Metro project. The petitioner, a first-year law student, argued that the earlier DPR no longer reflects Madurai's expanded urban footprint, rising population and growing institutional hubs such as the High Court Bench, AIIMS Madurai and major healthcare centres. He said the city now meets the population criteria under the Metro Rail Policy, 2017, and that outdated 2011 census data should not determine eligibility. The plea seeks preparation of an updated DPR, with the court asking authorities to respond soon.Read more

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Delhi-Mumbai Expressway advances, aims to cut travel time to 12 hours

Union Road Transport Minister Shri Nitin Gadkari reviewed progress on the 1,350-km Delhi-Mumbai Expressway during a visit to Surat, stressing efforts to expedite completion of the country's largest highway project. The expressway will cut travel time between Delhi and Mumbai to about 12 hours from the current 24. Major stretches in Haryana, Rajasthan and Madhya Pradesh are already operational, with work in Gujarat and Maharashtra advancing steadily. Gadkari said minor technical issues were being resolved and quality checks, green cover development and engineering upgrades were ongoing. He highlighted future plans for electric trucks and buses on the corridor, which is expected to boost exports, tourism and connectivity across five states.Read more

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NGT orders Wadgaon Budruk RMC plant to pay INR 29.68 lakh for pollution violations

The National Green Tribunal in Pune has imposed a penalty of INR 29.68 lakh on Wadgaon Budruk RMC plant for continuing operations despite a closure order issued by MPCB in June 2024. Complaints by a local resident highlighted health risks to nearby residents, a school, and a bakery. The plant violated siting norms and operated without valid consent, even after electricity disconnection. The penalty will fund environmental restoration, and the plant is now shut. The order underscores the importance of regulatory compliance and citizen vigilance.Read more

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