The Ghaziabad Development Authority (GDA) has made a renewed pitch for central funding to revive the long-stalled metro extension between Noida Electronic City and Sahibabad. The 5-km Blue Line link, expected to benefit over 500,000 daily commuters from Indirapuram, Vasundhara, and Vaishali, was initially estimated at INR 1,517 crore in 2018. That figure has now jumped to INR 1,873 crore due to price escalation and expanded land acquisition. Having failed to get state backing and NCR loans in previous attempts, the GDA is now eyeing a direct grant through the 16th Finance Commission to kickstart this critical urban mobility link.Read more
Cube Highways Trust has finalised the acquisition of two strategic highway assets in Jammu and Kashmir Quazigund Expressway Pvt Ltd and Athaang Jammu Udhampur Highway Pvt Ltd from the National Infrastructure Investment Fund. The deal, valued at INR 4,185 crore, spans approximately 80 kilometres and includes assets with over six years of remaining concession life. These highways offer assured semi-annual annuity payments from the National Highways Authority of India (NHAI), reducing exposure to traffic-linked risks. The Trust anticipates an accretive impact on its distributable cash flows of INR 2.3 per unit annually.Read more
Following sustained protests and civic pressure, MMRDA has approved a realignment of the Borivli twin tunnel entry and exit points in Thane's Mulla Baug area. The new alignment will now route the tunnel deeper underground and extend it by 200 metres to reduce environmental and residential impact. The revised plan, which received nods from the Chief Minister and MMRDA leadership, aims to bypass densely populated neighborhoods and emerge beyond Ghodbunder Highway, addressing long-standing concerns of congestion, noise, and pollution.Read more
The Brihanmumbai Municipal Corporation (BMC) has approved construction of two new arms to connect the Ghatkopar-Mankhurd Link Road (GMLR) flyover directly to the Sion-Panvel Highway. Estimated at INR 1,051 crore, the project aims to ease traffic congestion at the busy Maharashtra Nagar T-junction. Currently, the GMLR flyover lacks a direct link to the highway, forcing vehicles through bottlenecks. The new flyover arms-measuring 1.47 km and 1.93 km-will bypass this signal, offering seamless access. The extensions, standing 8.5 metres high and 620 metres long, will begin construction soon following land acquisition and approvals from the Coastal Zone Management Authority and Mangroves Department. The alignment also considers proximity to metro lines and nearby airports. An earlier plan for a third arm via the Harbour line remains stalled due to pending clearances from Central Railway.Read more
EPC firm Sugs Lloyd has secured power infrastructure contracts worth INR 74.35 crore in Bihar and Odisha, marking a key milestone in regional energy upgrades. In Bihar, it will build five substations and related 33 KV lines in Kishanganj for North Bihar Power Distribution Company Ltd. In Odisha, contracts awarded by Tata Power subsidiaries include new connections and modernisation of power networks across various voltage levels. Known for its solar and sustainable energy focus, Sugs Lloyd's growing presence underscores strong public-private trust. These projects support India's broader push for robust, efficient power infrastructure to meet increasing demand for reliable electricity.Read more
The Solar Energy Corporation of India (SECI) has issued a tender to set up 2,000 MW of solar power with co-located energy storage systems (ESS), marking a big step in boosting India's renewable power reliability. Developers will be chosen via tariff-based bidding, and must link projects to the Inter-State Transmission System. Each 1 MW solar unit needs at least 0.5 MW/2 MWh of ESS, charged solely by solar. Projects may span multiple sites but must include co-located storage. This aligns with India's growing push for hybrid energy systems to meet round-the-clock power demand, aiming for 73.93 GW of storage by 2032.Read more
ACME Solar Holdings Ltd has made further progress on its ambitious 300 MW solar project in Sikar, Rajasthan, by commissioning an additional 75 MW of capacity. This recent development pushes the total operational capacity at the site to 240 MW, following the earlier activation of 165 MW. With this milestone, the company's overall operational renewable energy capacity has reached approximately 2,806.4 MW. The expansion reflects ACME's ongoing commitment to strengthening India's clean energy infrastructure and supporting national sustainability goals through scalable, high-output solar installations.Read more
Infrastructure giant Larsen & Toubro (L&T) has secured significant transmission infrastructure contracts valued between INR 5,000 crore and INR 10,000 crore from both domestic and international clients. The orders, awarded by key transmission asset owners and operators, include a major project in Andhra Pradesh to integrate a renewable energy zone and a series of gas-insulated substation assignments in the Middle East. This development further strengthens L&T's global standing in the power transmission and distribution sector.Read more
TEMBO Defence, a subsidiary of TEMBO Global Industries Ltd, has received assurance from the Maharashtra government for a 100-acre land allocation in Amravati to establish a new arms and ammunition manufacturing facility. The Maharashtra Industrial Development Corporation (MIDC) issued a comfort letter confirming the proposed allotment. This move aligns with India's defence localisation efforts under the 'Make in India' and 'Atmanirbhar Bharat' initiatives and is expected to significantly expand domestic capabilities and regional employment.Read more
State-owned Hindustan Copper Ltd (HCL) is set to invest approximately INR 2,000 crore over the next five to six years to scale up its mining capacity, primarily at the Malanjkhand Copper Project in Madhya Pradesh. The move is part of a broader strategy to increase ore production from 4 MTPA to 12.2 MTPA by FY31. While the investment excludes the Rakha and Chapri mines in Jharkhand, a JSW Group firm is leading development there under a PPP model with an additional INR 2,600 crore investment. HCL also recorded its highest-ever revenue and profit in FY25.Read more