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

SEPC wins INR 650 crore EPC contract for 133 MW solar projects in Maharashtra

Engineering solutions firm SEPC recently announced it has secured an INR 650 crore contract from Parmeshi Urja Ltd to implement a 133 MW solar power project across 26 sites in four districts of Maharashtra. This project, part of the central government's PM-KUSUM Yojana, involves complete EPC services including design, supply, installation, and commissioning. The initiative spans Sambhaji Nagar, Dhule, Solapur, and Nanded, with execution expected to take between 12 to 18 months. SEPC continues to deepen its footprint in India's renewable energy sector by delivering turnkey infrastructure solutions.Read more

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Uttar Pradesh to build Noida-like city in Bundelkhand to boost industrial growth

Uttar Pradesh is fast emerging as a preferred destination for commercial offices and industrial units, thanks to competitive incentives, policy clarity, and a robust business ecosystem. During a recent seminar hosted by Invest UP, top government officials highlighted the state's proactive investment policies and infrastructure readiness. Key announcements included the proposal for a Noida-like city in Bundelkhand and plans for future Global Capability Centre (GCC) events to attract domestic and global investors. The seminar witnessed participation from tech leaders, policymakers, and multinational investors, reinforcing UP's position on the global investment map.Read more

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Howrah Bridge to glow with solar-powered brilliance under Coal India-SMPK pact

Coal India Ltd has partnered with Syama Prasad Mookerjee Port, Kolkata, to transform the iconic Howrah Bridge through a solar-powered dynamic illumination initiative. The project, aimed at showcasing the structural grandeur of the 80-year-old bridge, will feature volumetric and skeleton lighting synchronised with music. Officials confirmed that the upgraded lighting would vastly improve the existing setup and enrich the nightly experience for lakhs of commuters and visitors. The tendering process is currently underway, with the project expected to be completed within a year.Read more

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Reliance Defence and Diehl join forces to boost India's guided munition manufacturing

Reliance Defence Ltd has entered into a strategic cooperation agreement with German defence firm Diehl Defence to manufacture the Vulcano 155mm Precision Guided Munition system locally. This partnership, part of the 'Make in India' and 'Atmanirbhar Bharat' initiatives, aims to supply cutting-edge artillery shells equipped with advanced targeting technologies to the Indian Armed Forces. The collaboration, which builds upon an earlier pact signed in 2019, reflects Reliance Defence's intent to emerge among the top three private defence exporters in India. The deal includes the setup of a high-tech manufacturing facility in Maharashtra.Read more

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Adani Group eyes cement boom as USD 2.2 trillion infrastructure push fuels sector growth

ACC Cement, part of the Adani Group's rapidly expanding cement vertical, is poised to benefit significantly from India's anticipated infrastructure investment of around USD 2.2 trillion by 2030. The company, which surpassed the 100 MTPA production milestone recently, has set its sights on reaching 140 MTPA by FY 2027-28. With strong backing from Adani Group's integrated logistics and energy infrastructure, ACC is enhancing cost efficiency, supply chain speed, and sustainability while playing a pivotal role in India's construction and economic development journey.Read more

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Centre urges Smart City SPVs and ICCCs to become self-sustaining urban institutions

The central government has issued a new advisory urging states and union territories to integrate Special Purpose Vehicles (SPVs) and Integrated Command and Control Centres (ICCCs) into long-term urban governance frameworks. Originally created under the Smart Cities Mission, these entities are now expected to sustain themselves by offering consultancy and services. The advisory highlights that SPVs can manage citywide data analytics and system operations, while ICCCs should serve as permanent urban nerve centres under urban development departments. With over 93% of the 8,000+ mission projects completed and 99.44% of the INR 48,000 crore budget disbursed, the mission has made notable progress. However, the government is now focusing on institutionalising these tools to ensure cities retain and build upon digital and operational advancements. This marks a shift from short-term implementation to long-term sustainability, aiming to equip cities with robust governance mechanisms for future urban challenges.Read more

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Ecoboard's EcoYou converts agro-waste into eco-friendly building materials

Ecoboard Industries' EcoYou initiative has successfully transformed 22 million tonnes of agricultural waste into eco-friendly building materials, strengthening sustainable construction practices. With an investment of nearly USD 24 million (INR 205 crore) into rural supply chains, the initiative has benefited farmers, artisans, and carpenters significantly. The company has begun exporting these natural fibre-based EcoBoards to Europe and aims to expand production further. EcoYou has helped avoid around 116 million tonnes of CO? emissions and generated an economic impact worth USD 240 million (INR 2,050 crore) by fostering local employment and sustainable livelihoods, aligning with global environmental, social, and governance (ESG) goals.Read more

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L&T wins major contract for 1,500 MW pumped storage project in Maharashtra

Larsen & Toubro (L&T) recently secured a significant contract from JSW Energy, valued between INR 1,000 crore and INR 2,500 crore, to execute the Bhavali Pumped Storage Project in Maharashtra. The project, spread across Nashik and Thane districts, is designed for a total installed capacity of 1,500 MW through multiple smaller units. The contract includes comprehensive civil engineering works such as construction of reservoirs, tunnels, approach roads, and an underground powerhouse. Pumped storage projects like Bhavali are critical for grid stability as India integrates more renewable energy sources. This order bolsters L&T's portfolio in infrastructure development and supports Maharashtra's sustainable power goals.Read more

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Hyderabad Metro to expand with new routes connecting IT hubs and residential areas

The Telangana government has unveiled plans to significantly expand the Hyderabad Metro Rail network by adding new corridors and extending existing lines. The initiative aims to meet rising transportation demands driven by rapid urbanisation and population growth. The expanded metro will connect key residential, commercial, and IT zones, promoting easier daily commutes and reducing traffic congestion. This development reflects the state's focus on sustainable, eco-friendly infrastructure, with expectations of lowering citywide pollution levels. Since its inception, the Hyderabad Metro has transformed public transport in the city; the planned expansion is set to further boost passenger capacity and network coverage. The project is also expected to drive economic activity in newly connected areas, support real estate growth, and enhance accessibility. Positioned as a key pillar of Telangana's smart city and sustainable development goals, the metro expansion underscores the state's long-term urban mobility strategy.Read more

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YEIDA to acquire 5,000 acres near Jewar Airport for Japanese, Korean and fintech industrial cities

The Yamuna Expressway Industrial Development Authority (YEIDA) has initiated land acquisition of 5,000 acres from around 2,000 farmers near Noida International Airport to establish Japanese and Korean industrial cities and a fintech hub. The Korean city will span 365 hectares and focus on electronics manufacturing, while the Japanese city will cover 395 hectares with a semiconductor and advanced-tech cluster. A 250?acre Fintech City will also be developed, alongside residential and civic spaces. This expansion builds on the 5,232 acres already acquired since 2021 and aims to transform the region into a global investment centre.Read more

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