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

Andhra Pradesh clears 424 acres in Kadapa for JSW Steel’s integrated plant

19 Mar 2026

The Andhra Pradesh government has approved the allocation of over 424 acres of land in Kadapa district to facilitate an integrated steel plant by JSW Steel. The land, spread across multiple villages in Jammalamadugu mandal, has been allotted to the Andhra Pradesh Industrial Infrastructure Corporation (APIIC) at a cost of INR 21.3 crore. The decision follows recommendations by the Andhra Pradesh Land Management Authority. The developer has been mandated to utilise the land within three years, failing which the allocation may be revoked. The move reflects continued state-level efforts to attract industrial investments, which are expected to drive regional infrastructure development and influence land use patterns in emerging industrial corridors.Read more

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NHAI awards INR 181 crore bypass project to divert traffic from Gangaikonda Cholapuram temple zone in Tamil Nadu

19 Mar 2026

The National Highways Authority of India (NHAI) has awarded a contract worth approximately INR 181 crore to construct a 7 km greenfield bypass near Gangaikonda Cholapuram in Tamil Nadu. The project, announced in the past week, aims to divert vehicular traffic particularly heavy vehicles away from the UNESCO World Heritage temple precinct located along NH-81 in Ariyalur district. The two-lane bypass with paved shoulders will run between Ponneri Lake and Meensurutti, including service roads, bridges, and underpasses. The initiative is intended to reduce congestion, improve safety for pilgrims and tourists, and minimise structural and environmental impact on the heritage site. The project is expected to be completed within a year and will also enhance regional connectivity.Read more

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No funds released yet under INR 24,000 crore solar PLI scheme, Parliament told

19 Mar 2026

The INR 24,000 crore PLI scheme for high-efficiency solar PV modules has yet to release any funds to manufacturers, as incentives are scheduled for one year after project commissioning. The scheme has awarded 48,337 MW of module manufacturing capacity, including 30 GW of modules, 10.5 GW of cells, and 2 GW of ingot-wafer capacity, with 4 GW commissioned last October. Slow progress in upstream components is due to limited domestic experience and global supply chain concentration. The government is promoting vertical integration and supporting ancillary manufacturing while developing a skilled workforce to reduce import dependence.Read more

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Maha Metro and PMC conduct joint inspections for Vanaz–Chandni Chowk extension to finalise alignment and design elements

19 Mar 2026

Maharashtra Metro Rail Corporation Limited (Maha Metro) and the Pune Municipal Corporation (PMC) have initiated joint site inspections for the proposed Vanaz Chandni Chowk Metro extension in Pune, aimed at finalising alignment, station locations, and associated infrastructure. The exercise, undertaken in the past week, covers a 1.4 km stretch forming part of the approved Phase II expansion of the Pune Metro network. The extension will include two stations Kothrud depot and Chandni Chowk and is expected to improve connectivity to a key western entry point of the city. Authorities are also evaluating plans for a double-decker flyover along the corridor, integrating vehicular and Metro infrastructure. The inspections are intended to address design constraints, ensure traffic management, and minimise disruption during construction.Read more

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85 national highway projects delayed over three years due to land and clearance issues, government informs Parliament

19 Mar 2026

A total of 85 under-construction national highway projects in India have been delayed by more than three years, primarily due to land acquisition challenges, statutory clearances, and implementation constraints, the government informed Parliament. The delays also stem from contractor performance issues, financial constraints, and external factors such as the Covid-19 pandemic. In response, the Ministry of Road Transport and Highways has initiated measures to streamline project execution, including digital land acquisition systems, faster environmental clearances, and online approvals for infrastructure designs. These developments highlight ongoing execution challenges in large-scale infrastructure projects, which have implications for logistics networks, industrial growth, and real estate development linked to highway connectivity corridors.Read more

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PM announces INR 18,680 crore infrastructure push to enhance connectivity in West Bengal

19 Mar 2026

Prime Minister Narendra Modi inaugurated and laid the foundation for infrastructure projects worth INR 18,680 crore in West Bengal earlier this week. The initiatives cover highways, railways, and ports to improve connectivity across the state and eastern India. Key projects include the Kharagpur Moregram economic corridor, bypasses, bridges, redeveloped railway stations, mechanised port facilities at Haldia and Khidderpore, and new express train services. These upgrades aim to reduce travel time, boost trade and tourism, and provide better facilities for residents, entrepreneurs, and students, while preparing the state for upcoming elections.Read more

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Dilip Buildcon secures INR 160 crore road project in Odisha

19 Mar 2026

Dilip Buildcon has emerged as the lowest bidder for a road project worth INR 160.20 crore in Odisha, awarded by Odisha Bridge & Construction Corporation. The project involves constructing a six-lane diversion road with service lanes in Sundargarh district under the EPC model. The execution timeline is 18 months. This contract adds to the company's order book of over INR 29,000 crore and follows recent project wins in power transmission and flood protection. The development reflects steady infrastructure activity in Odisha and continued order inflow for the company.Read more

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Delhi plans structural reset of water network to improve supply and reduce losses

Delhi News Desk

19 Mar 2026

Delhi is preparing a detailed Water Master Plan to fix long-standing issues in its water supply system. The plan focuses on reducing leakages, contamination and uneven distribution by restructuring the network into smaller operational zones linked to treatment plants. It also considers private participation for better monitoring and faster response to issues. With rising population and demand, the plan aims to create a more reliable and efficient system. It builds on past infrastructure gaps and looks to address them through coordinated upgrades and long-term planning.Read more

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VA Tech Wabag wins INR 1,000 crore Chennai water transmission project

Chennai News Desk

19 Mar 2026

VA Tech Wabag Ltd has secured a contract worth over INR 1,000 crore from Chennai Metropolitan Water Supply and Sewerage Board to strengthen water infrastructure in Chennai. The project includes development of a large transmission network, along with the revival and long-term operation of a 45 MLD tertiary treatment plant at Kodungaiyur. It aims to improve water distribution, support industrial demand, and expand reuse of treated wastewater. The project is part of the city's broader push to build a more reliable and sustainable water supply system.Read more

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Centre begins identifying new hydropower sites in Jammu and Kashmir

19 Mar 2026

The Centre has started identifying new locations in Jammu and Kashmir for hydropower projects to boost electricity generation and meet rising demand. Alongside this, it is reviewing proposals to divert water to northern states through canal and tunnel networks. Work has resumed on previously stalled projects, while desilting efforts are being carried out to improve reservoir efficiency. The move is part of a broader strategy to expand renewable energy capacity, supported by thermal and nuclear power to ensure stable supply and long-term energy security.Read more

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