SBI Term Loan: RLLR: 8.15 | 7.25% - 8.45%
Canara Bank: RLLR: 8 | 7.15% - 10%
ICICI Bank: RLLR: -- | 8.5% - 9.65%
Punjab & Sind Bank: RLLR: 7.3 | 7.3% - 10.7%
Bank of Baroda: RLLR: 7.9 | 7.2% - 8.95%
Federal Bank: RLLR: -- | 8.75% - 10%
IndusInd Bank: RLLR: -- | 7.5% - 9.75%
Bank of Maharashtra: RLLR: 8.05 | 7.1% - 9.15%
Yes Bank: RLLR: -- | 7.4% - 10.54%
Karur Vysya Bank: RLLR: 8.8 | 8.5% - 10.65%

Infrastructure News

Yamuna expressway authority clears INR 11,829 crore budget with major allocation for land acquisition near Noida airport

Noida News Desk

25 Mar 2026

The Yamuna Expressway Industrial Development Authority (YEIDA) has approved a budget of INR 11,829 crore for the upcoming financial year, with nearly two-thirds earmarked for land acquisition to support expansion around the Noida International Airport. Around INR 8,000 crore has been allocated for acquiring land to develop industrial and urban clusters, while additional provisions cover infrastructure in Yamuna City, airport-related works, and multi-modal connectivity. The authority has also approved a marginal increase in plot allotment rates across residential, commercial and group housing categories. The budget reflects a focus on accelerating development in the expressway corridor amid rising investor interest linked to the airport and associated economic activity.Read more

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Government targets rollout of 10,000 e-buses across 116 cities by 2027 with plan for additional 35,000 buses

24 Mar 2026

The central government has informed the Rajya Sabha that 10,000 air-conditioned electric buses will be deployed across 116 cities in 26 states and Union Territories by the end of 2027 under the PM e-Bus Sewa Scheme. The programme targets tier-2 and tier-3 cities with populations between 3 lakh and 40 lakh, aiming to improve urban mobility and reduce pollution. So far, tenders for 6,500 buses have been finalised and initial deliveries have commenced. The government has also indicated plans to introduce a second scheme to deploy an additional 35,000 e-buses, with revised guidelines under formulation. Implementation challenges remain in some states, including Bihar, where delays in setting up coordination committees have affected progress.Read more

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Delhi to undertake structural strengthening of Zakhira and Seelampur flyovers with INR 35 crore repair programme

Delhi News Desk

24 Mar 2026

The Delhi government has initiated a structural rehabilitation programme for the Zakhira and Seelampur flyovers, allocating a combined outlay of around INR 35 crore to address ageing infrastructure and safety concerns. The Public Works Department (PWD) has finalised the scope of work, with timelines of approximately 12 months for Seelampur and 18 months for Zakhira. Both flyovers, critical to the city's arterial network, have shown signs of wear due to prolonged usage and heavy traffic loads. The repair works will include replacement of expansion joints, strengthening of structural components and rehabilitation of damaged concrete. The initiative forms part of a broader effort to assess and upgrade older flyovers across Delhi amid increasing pressure on urban transport infrastructure.Read more

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Patel Engineering wins INR 230 crore pre-construction contract for 1,125 MW Dorjilung hydropower project in Bhutan

24 Mar 2026

Patel Engineering Ltd has secured a contract worth INR 230 crore for pre-construction works of the 1,125 MW Dorjilung Hydroelectric Power Project in Bhutan. The project is being developed by Dorjlung Hydro Power Ltd, a joint venture between Druk Green Power Corporation and Tata Power Company Ltd. The award marks the first package of work under the project, which is being developed under a public private partnership model. The hydropower project is expected to support Bhutan's domestic energy requirements while enabling export of surplus electricity to India. The contract reflects continued participation of Indian infrastructure firms in cross-border energy projects in the region.Read more

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West Asia conflict begins to impact construction supply chains with developers warning of rising input costs and delays

24 Mar 2026

Real estate developers across India have started experiencing supply disruptions in key construction materials due to ongoing geopolitical tensions in West Asia, according to industry bodies CREDAI and NAREDCO. While construction activity remains largely stable, shortages of materials such as steel, PVC products, wires, pipes and glass are being reported, alongside pressures in ceramic manufacturing hubs. Developers have indicated that prolonged disruptions could lead to higher input costs, project delays and potential increases in housing prices. The sector, which recorded housing sales of 6.14 lakh units across top cities last year with a total value of INR 8.46 lakh crore, may face pricing pressures if global volatility continues.Read more

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ArcelorMittal Nippon Steel India begins INR 1.36 lakh crore steel plant project in Anakapalli with phased capacity expansion

24 Mar 2026

The Andhra Pradesh government has initiated development of a large-scale steel manufacturing facility by ArcelorMittal Nippon Steel India in Nakkapalli mandal, Anakapalli district, with an estimated investment of INR 1.36 lakh crore. The project will be developed over 5,465 acres in two phases, with a total planned capacity of 17.8 million tonnes per annum. The first phase will deliver 7.3 million tonnes, followed by 10.5 million tonnes in the second phase. The project is expected to generate around one lakh direct and indirect jobs. In addition, a captive port with a capacity of 50 million tonnes per annum is planned at an investment of INR 11,198 crore, alongside supporting infrastructure including road connectivity to National Highway 16.Read more

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Renovated terminal at Indore airport to be inaugurated, raising annual passenger capacity to 50 lakh

24 Mar 2026

The renovated terminal building at Devi Ahilyabai Holkar Airport in Indore will be inaugurated by the Civil Aviation Minister via video conference, increasing the airport's annual passenger handling capacity to 50 lakh. The upgraded facility, developed at a cost of INR 50 crore, will function as an additional terminal, taking the total number of terminals at the airport to two. The existing terminal currently handles 40 lakh passengers annually, while the new facility will add capacity for another 10 lakh. The inauguration will also include the launch of a subsidised food outlet under the Udaan Yatri Cafe initiative, aimed at offering affordable refreshments to travellers.Read more

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PM Gati Shakti panel reviews rail, metro and road projects to strengthen multimodal connectivity

24 Mar 2026

The Network Planning Group under PM Gati Shakti has reviewed a series of infrastructure projects aimed at improving multimodal connectivity and logistics efficiency across India. The evaluation covered rail, metro and highway developments aligned with integrated planning and last-mile connectivity goals. Key proposals include railway line expansions in Tamil Nadu and Karnataka, metro network additions in Mumbai and Pune, and a strategic tunnel project in Ladakh. These initiatives are expected to reduce travel time, enhance freight movement, and improve regional accessibility, supporting economic activity across key corridors.Read more

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Karnataka partners with Japan to advance smart city solutions in Bengaluru through technology-led urban collaboration

Bangalore News Desk

24 Mar 2026

The Karnataka government is exploring a strategic collaboration with Japan to implement advanced smart city solutions in Bengaluru, focusing on urban infrastructure, sustainability, and technology integration. The initiative, facilitated through Japan's Ministry of Land, Infrastructure, Transport and Tourism (MLIT), aims to address key urban challenges including mobility, wastewater management, energy efficiency, and disaster resilience. The Greater Bengaluru Authority is expected to act as the nodal agency for execution. The proposed framework will allow Japanese companies to partner with cities to design and deploy solutions backed by institutional support. The move aligns with Karnataka's broader push to develop future-ready, citizen-centric urban ecosystems while leveraging global expertise to improve service delivery and infrastructure efficiency.Read more

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HCLFoundation awards INR 24 crore to 12 NGOs under 11th edition of HCLTech Grant, adds water as new category

24 Mar 2026

HCLFoundation has announced the winners of the 11th edition of the HCLTech Grant, awarding a total of INR 24 crore to 12 non-governmental organisations across water, biodiversity, healthcare, and education sectors. Four organisations will receive INR 5 crore each, while eight others will be granted INR 50 lakh each. The latest edition marks the introduction of water as a standalone category, reflecting increased focus on resource management. Selected from over 7,000 applications nationwide, the winning projects span multiple states and focus on community-led initiatives. The grant programme, the CSR arm of HCLTech, continues to support large-scale social development efforts across rural India.Read more

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