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%

Infrastructure News

Maharashtra government revises redevelopment plan for Taraporewala Aquarium

The Maharashtra State Fisheries Department has decided to drop its earlier plan for redeveloping the Taraporewala Aquarium after realizing it lacked specialized aquarium design expertise. The April plan had proposed a six-storey building at an estimated cost of INR 296 crore. The new approach involves appointing a world-class consultant and architect to prepare a detailed project report and manage the project. The revised plan has a sanctioned budget of INR 350 crore and is expected to take 1.5 years. The over 75-year-old aquarium, closed during the COVID lockdown, previously housed more than 500 aquatic species.Read more

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PWD minister inspects major road and drainage projects across outer and rural Delhi

PWD Minister Parvesh Verma conducted a thorough inspection of several ongoing road and drainage projects in Outer and Dehat Delhi, covering areas like Dhaula Kuan, Najafgarh, Nangloi, Mundka, Karala, and Mangolpur. The review focused on improving connectivity and drainage systems, addressing longstanding infrastructure gaps. Key projects include the transfer of Mundka Road to the National Highways Authority of India (NHAI) and the construction of new drainage corridors. The inspection also highlighted work on critical stretches such as Nangloi-Najafgarh Road, Rohtak Road, and Karala-Kanjhawala Road.Read more

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Kerala advances metro projects in Kozhikode and Thiruvananthapuram under KMRL

Kerala's Chief Minister Shri Pinarayi Vijayan, confirmed that Kochi Metro Rail Ltd. (KMRL) will manage the metro rail projects in Kozhikode and Thiruvananthapuram. In Thiruvananthapuram, preliminary work has commenced with the construction of the Sreekaryam flyover. KMRL has submitted multiple alignment options, and a secretary-level committee will select the most efficient route. In Kozhikode, the project remains in the planning phase, awaiting the preparation of a Detailed Project Report (DPR) as per national guidelines. Additionally, the second phase of the Kochi Metro, extending 11.2 km from Jawaharlal Nehru Stadium to Kakkanad Infopark via Smart City, is progressing, with no current plans for further expansion.Read more

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Welspun Enterprises secures major infrastructure mandates in Maharashtra

Welspun Enterprises emerged as the lowest bidder for over INR 10,000 crore worth of infrastructure contracts in Maharashtra, spanning a highway project and a water treatment scheme. The highway, under a toll-model, will connect Pune and Shirur over 29 years, while the BMC commission involves a large-scale water treatment facility. The company is also considering a capital raise via convertible warrants to support execution.Read more

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KPI Green Energy to develop 100 MW solar project for industrial captive power

KPI Green Energy has secured a contract to develop a 100 MW solar power project under its captive power producer business segment. The project will be executed by its subsidiary, Sun Drops Energia, following the terms of the regulatory order. Multiple industrial investors awarded the project under the Distributed Renewable Energy Bilateral Purchase (DREBP) Policy. Scheduled for phased completion during 2026-27, this initiative strengthens KPI Green Energy's renewable energy portfolio and demonstrates its continued role in providing sustainable and distributed solar power solutions to meet growing industrial energy demands in India.Read more

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Mumbai Metro Line 3 launches free Wi-Fi at stations to ease digital ticket booking

The Mumbai Metro Rail Corporation (MMRC) has rolled out free Wi-Fi services at all stations on Metro Line 3, responding to commuter concerns over weak mobile connectivity in underground sections. The service allows passengers to access the MetroConnect3 app for digital ticket booking directly from the concourse level of each station. MMRC expects this initiative to reduce waiting time, improve convenience, and enhance the overall travel experience, while further promoting the use of digital services among commuters.Read more

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Home Minister launches INR 1,816 crore projects to rejuvenate Yamuna in Delhi

Union Home Minister Shri Amit Shah recently inaugurated and laid the foundation for projects worth INR 1,816 crore aimed at rejuvenating the Yamuna River in Delhi. The initiatives focus on reducing pollution through upgraded sewage treatment plants and sewer lines across 22 major drains. Delhi Chief Minister Rekha Gupta emphasized the collaboration between the Centre and the state government and urged citizens to actively participate in maintaining the river's cleanliness. The projects form part of ongoing efforts to restore the Yamuna's health and improve water quality in the capital.Read more

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Construction of Vizhinjam fishing harbour to start in November alongside port expansion

The construction of a new fishing harbour at Vizhinjam is scheduled to begin in November, running alongside the ongoing expansion of Vizhinjam International Seaport. The total project cost is INR 271 crore and is divided into two packages. Package 1, handled by Adani Vizhinjam Port Private Ltd (AVPPL), includes a 235-meter breakwater, a 500-meter fishery berth, and other related facilities. Package 2, managed by the Harbour Engineering Department (HED), involves a 250-meter angled seaward breakwater. The project addresses the concerns of local fishermen and will provide modern amenities for traditional fishing vessels.Read more

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Bhubaneswar Smart City Limited to repair non-working digital kiosks

Bhubaneswar Smart City Limited (BSCL) is set to restore 75 indoor and outdoor smart digital kiosks that have become non-functional due to insufficient maintenance. Installed across key locations, these kiosks provide services such as online tax payments, ticket booking, building approvals, and marriage certificate applications, along with internet browsing, charging facilities, and SOS services. Housing and Urban Development Minister Krushna Chandra Mohapatra confirmed that repair work will begin soon to revive the kiosks and improve access to essential services for residents, addressing concerns over taxpayer money.Read more

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Mira-Bhayandar launches Miyawaki forest with 8,600 native trees

Mira-Bhayandar Municipal Corporation (MBMC) has inaugurated an urban forest at the Uttan solid waste management site, planting 8,600 native trees using the Japanese Miyawaki method. This forms part of a larger plan to plant 50,000 trees city-wide, aimed at reducing air pollution, controlling foul odours, and improving green cover. The initiative focuses on close collaboration between public, private, and government sectors to ensure proper care, preservation, and sustainability. The project demonstrates a strong step toward environmental improvement and urban biodiversity enhancement.Read more

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