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

SAEL Industries to invest INR 8,000 crore in solar cell and module plant in Greater Noida

SAEL Industries has announced an investment of approximately INR 8,000 crore for establishing an integrated solar manufacturing facility in Greater Noida, Uttar Pradesh. The plant will feature a 5 GW solar cell unit and a 5 GW module manufacturing line, boosting SAEL's overall solar manufacturing capacity to 8.5 GW. The facility will produce advanced TOPCon solar cells and assemble them into modules in-house. Chief Minister Shri Yogi Adityanath has extended his support to the project, which aligns with the state's solar energy policy and vision for renewable energy leadership.Read more

cover photo

PM Modi launches INR 7,200 crore development push in Bihar with major rail and road projects

Prime Minister Shri Narendra Modi is scheduled to visit Motihari, Bihar to inaugurate and lay the foundation stones of infrastructure and development projects worth over INR 7,200 crore. The announcements span across railways, roads, information technology, rural housing, fisheries, and self-help groups. Highlights include doubling and signalling upgrades of key rail lines, a 4-lane highway inauguration, new Software Technology Parks, fisheries facilities under PMMSY, and the launch of four Amrit Bharat trains. Additionally, financial aid will be released for rural housing and SHGs under flagship central schemes.Read more

cover photo

Ludhiana opens C&D waste plant to curb illegal dumping and promote green construction

Ludhiana has launched a long-delayed construction and demolition (C&D) waste-processing plant in Dhandhari, with a capacity to handle 100 tonnes of debris daily. Originally budgeted at INR 2.69 crore, the cost swelled to INR 7.3 crore due to foundational work on a former dumpsite, with an additional INR 2.2 crore spent on machinery. This facility, funded under Swachh Bharat and Smart City missions, converts debris into tiles, bricks, and blocks. Despite past struggles with underutilised civic projects, officials hope the plant will curb illegal dumping and ease landfill pressure provided residents and contractors comply.Read more

cover photo

Agartala's Lake Chowmuhani Bazaar set for makeover under AMC's smart city plan

Agartala Municipal Corporation (AMC) Mayor Dipak Majumder yesterday reviewed development work at the Lake Chowmuhani Bazaar, a long-standing and unique vegetable market in Agartala. The Mayor promised modern facilities and technological integrations as part of a broader urban upgrade initiative. This project aims to transform the historic market into a well-planned space, ensuring dignity and ease of business for its small-scale vendors. The modernization is part of a larger city master plan to enhance urban living and address past challenges like encroachments, aiming for sustainable market development and economic empowerment for local traders.Read more

cover photo

Andhra Pradesh seeks central funds to boost sports infrastructure and host key games

Andhra Pradesh Chief Minister Shri N Chandrababu Naidu today met with Union Minister for Youth Affairs and Sports Mansukh Mandaviya, seeking substantial central funding to bolster sports infrastructure across the state. The Chief Minister requested over INR 538 crore for stadium development and an additional INR 25 crore to organize the Khelo India Martial Arts Games this year. Emphasizing the state's ambitious new sports policy, Naidu outlined plans for world-class training centers and sought expedited completion of existing projects, underscoring Andhra Pradesh's vision to emerge as a national sports hub.Read more

cover photo

Reliance Infrastructure to raise up to INR 9,000 crore via equity and debt routes

Reliance Infrastructure's board has given its nod to raise up to INR 9,000 crore through a mix of equity and debt instruments. This includes a proposed INR 6,000 crore via equity shares or equity-linked instruments through Qualified Institutional Placement (QIP), follow-on public offer, or a combination of both. Additionally, the board approved the issuance of redeemable non-convertible debentures of up to INR 3,000 crore through private placement or other methods. These plans remain subject to statutory and regulatory approvals.Read more

cover photo

Indian Railways to install CCTV cameras in all passenger coaches and locomotives for enhanced safety

Indian Railways plans to install CCTV cameras in over 7,400 passenger coaches and 15,000 locomotives to enhance safety. The high-end cameras will provide clear footage at 100 kmph and in low light. Each coach will have four cameras, and locomotives will have six CCTVs and two microphones. Tenders were floated on July 11, with installation by Northern Railway workshops. This initiative, following a successful trial run, aims to deter miscreants, protect passenger privacy, and explore future AI integration for security.Read more

cover photo

CM Naidu seeks INR 10,000 crore under SASCI, urges grant for Amaravati capital project

Andhra Pradesh Chief Minister Shri N Chandrababu Naidu urged Union Finance Minister Smt Nirmala Sitharaman to sanction an additional INR 10,000 crore for the state in the upcoming fiscal year, specifically under the Special Assistance to States on Capital Investment (SASCI) scheme. Highlighting persistent financial constraints due to state bifurcation, Naidu also sought funds for the ambitious Amaravati capital project. Separately, the Chief Minister participated in a crucial meeting yesterday with Union Jal Shakti Minister CR Patil and his Telangana counterpart, addressing long-standing inter-state water management issues, signaling a multi-faceted push for state development and resource resolution.Read more

cover photo

EV charging network expands rapidly in India, yet infrastructure lags behind demand

India's electric vehicle (EV) charging infrastructure has expanded significantly over the past three fiscal years, with public stations seeing a five-fold increase due to strong government support. However, despite this rapid growth, a recent report from CareEdge Ratings reveals a persistent gap: there is currently only one public charging station for every 235 electric vehicles on the road. This situation clearly highlights an urgent need for faster and more balanced development of charging facilities nationwide to match the soaring adoption of EVs and fully support the country's transition to electric mobility.Read more

cover photo

NHAI contracts dip as new rules reshape road project bidding in India

The National Highways Authority of India (NHAI) has seen a slowdown in road construction contract awards, following tighter bidding norms introduced by the Ministry of Road Transport & Highways. The new rules require additional performance securities, discouraging aggressive underbidding by financially weaker players. While aimed at ensuring quality, the changes have slowed new project awards, with well-funded infrastructure firms now dominating bids. With road projects making up a major chunk of annual inflows, EPC companies are seeing weaker order books and muted growth. Many are diversifying into sectors like solar, BESS, and railways. Order activity is expected to rebound later in FY26.Read more

cover photo