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

Mumbai Infrastructure: Final phase of SCLR to connect Chembur and BKC via signal-free route

Mumbai's real estate and infrastructure landscape is set for a major upgrade with the Santacruz-Chembur Link Road (SCLR) extension nearing completion. Scheduled to open in July 2025, the final phase includes a striking 90-degree cable-stayed bridge over the Western Express Highway, creating a seamless, signal-free east-west route. Led by MMRDA, the project will ease congestion across Kurla, Chembur, Kalina, and BKC, and improve access to Mumbai Airport. Real estate interest, especially in Chembur, is rising, echoing past price surges seen after earlier infrastructure rollouts. The extension is expected to boost connectivity, reduce travel time, and enhance overall urban liveability.Read more

cover photo

ADB sanctions INR 975 crore for infrastructure in Tripura's key industrial zones

The Asian Development Bank has sanctioned a INR 975.26 crore loan to boost infrastructure across nine industrial zones in Tripura, including Bodhjungnagar, R K Nagar, Dukli, and AN Nagar. The funds will support 34 road projects, fire stations, industrial sheds, substations, and underground power lines. Tripura Industrial Development Corporation (TIDC) is also developing new industrial areas on 155 acres in Santirbazar and Fatikroy, and has reclaimed 28 acres from inactive units for reallocation. TIDC plans to promote plywood manufacturing using wood from senile rubber plantations, positioning Tripura to emerge as a key player in India's plywood industry.Read more

cover photo

Texmaco Rail partners with AMP Energy to launch 10 MW solar plant under group captive model

Texmaco Rail & Engineering Ltd has commissioned a 10 MW captive solar power plant at its Raipur facility in partnership with AMP Energy India. The plant will generate over 15 million units of clean electricity annually, supporting Texmaco's commitment to ESG goals and responsible manufacturing. Developed under India's Group Captive Open Access Policy, the project offers Texmaco cost savings of 30-40% on power while reducing grid dependency. This initiative marks a major step in the company's clean energy transition. Texmaco, a leading name in railway and infrastructure manufacturing since 1939, reinforces its role in India's industrial sustainability movement.Read more

cover photo

Tata Power Renewable secures 30 MW/120 MWh BESS project from NHPC in Kerala

Tata Power Renewable Energy Ltd (TPREL) has won its first Battery Energy Storage Purchase Agreement (BESPA) with a 30 MW / 120 MWh project awarded by NHPC for deployment in Kerala. This battery system, to be set up at a 220 kV substation, will provide four hours of backup power and support Kerala State Electricity Board's grid needs. Operating under a 12-year contract, the project will enhance grid stability and enable greater renewable integration. Part of NHPC's broader 125 MW / 500 MWh BESS plan, the initiative supports India's 500 GW non-fossil fuel goal for 2030. TPREL's total renewable capacity now stands at 10.9 GW.Read more

cover photo

Rajasthan sanctions INR 95 crore for Renukaji and Lakhwar dams under Yamuna Water pact

The Rajasthan government has approved a funding of INR 95 crore as its contribution toward the construction of the Renukaji and Lakhwar dams in Himachal Pradesh and Uttarakhand respectively, under the Yamuna Water Agreement. These dams, part of a broader initiative in the upper Yamuna basin, are expected to enhance year-round water availability and support drinking water and irrigation needs in districts such as Churu, Sikar, and Jhunjhunu. The total project cost, as fixed by the Yamuna River Board, is INR 11,320.46 crore, with Rajasthan's full share amounting to INR 215.66 crore.Read more

cover photo

Vishnusurya Projects secures INR 103 crore pipeline contract for Chennai desalination project

Vishnusurya Projects and Infra Ltd has bagged an INR 103.07 crore contract from JWIL Infra Ltd for the execution of a pipeline project tied to a major desalination initiative near Chennai. The scope includes laying, testing, and commissioning pipelines, along with civil construction, for a 400 MLD desalination plant at Perur. The project, awarded to JWIL Infra by the Chennai Metropolitan Water Supply and Sewerage Board, aims to supply potable water to nearly 22.67 lakh residents across Tambaram and 20 surrounding panchayats.Read more

cover photo

L&T to build India's largest green hydrogen plant for IOCL at Panipat Refinery

L&T Energy GreenTech Ltd, a subsidiary of Larsen & Toubro, will develop India's largest green hydrogen plant at IOCL's Panipat Refinery in Haryana. Operating under a build-own-operate model, the facility will supply 10,000 tonnes of green hydrogen annually for 25 years, advancing India's National Green Hydrogen Mission. The project will use high-pressure alkaline electrolysers manufactured at L&T's Hazira facility, supporting the Aatmanirbhar Bharat initiative. This marks a significant milestone in India's clean energy journey and underscores L&T's leadership in large-scale energy transition projects, setting the stage for broader green hydrogen adoption across key industrial sectors.Read more

cover photo

National Highways over INR 300 crore must now use precast concrete, says new MoRTH policy

The Indian government now requires all national highway projects exceeding INR 300 crore to use precast concrete materials, aiming to speed up construction and improve quality. Announced under the new National Highways Precast Concrete Policy by the Ministry of Road Transport and Highways (MoRTH), the move targets reduced pollution, minimized traffic disruptions, and fewer delays-especially in urban areas. Precast components, manufactured off-site and assembled on location, will initially be used for non-critical elements, easing the sector into adoption. While this shift may raise project costs, it is expected to streamline timelines and enhance overall efficiency in national highway construction.Read more

cover photo

NMMC cracks down on illegal construction in Nerul, Airoli, Belapur under MRTP Act

The Navi Mumbai Municipal Corporation (NMMC) undertook a major demolition initiative targeting unauthorised constructions in Nerul, Airoli, and Belapur. Despite prior notices issued under the Maharashtra Regional and Town Planning Act, 1966, many offenders failed to remove illegal structures. The drive, executed under directives from the municipal commissioner and senior officials, resulted in partial and complete demolition of illegal extensions. Equipment including gas cutters, hammers, and labourers were deployed, and a penalty of INR 50,000 was collected during the operation in Airoli. The civic body has indicated its commitment to continuing such stringent enforcement efforts.Read more

cover photo

STL pioneers green hydrogen use in fibre optics with Maharashtra's first dedicated plant

STL (Sterlite Technologies Ltd.), a global leader in optical and digital solutions, has achieved a significant milestone in sustainable manufacturing by collaborating with Hygenco to establish Maharashtra's first green hydrogen and green oxygen production facility for optical fibre. Located in Chhatrapati Sambhaji Nagar, this pioneering project will supply green hydrogen and oxygen to STL's glass preform manufacturing unit. The initiative positions STL as one of the world's first optical fibre manufacturers to fully deploy green hydrogen in its production processes, marking a crucial step towards its ambitious Net Zero by 2030 goal and contributing to India's broader decarbonization efforts.Read more

cover photo