Page 2 - Infrastructure

Land value capture: Public investment, private windfalls and policy failure

Public investments in infrastructure continue to produce private windfalls. Allowing this imbalance to persist is economically irrational and ethically indefensible

Budget recap: Did Union Budget 2025 really boost capex? | Budget 2026 | Budget 2026 expectations

Capital expenditure is the backbone of economic growth — but did Budget 2025 really deliver? As Budget 2026 approaches, we break down last year’s capex numbers, sector-wise allocations

IndiGrid secures ₹1500 crore through institutional placement issue

IndiGrid Infrastructure Trust on Friday said it has raised Rs 1,500 crore through an Institutional Placement issue amid widespread investor participation from existing and new investors. The institutional placement issue, launched on January 19, was oversubscribed two times, a statement said. As many as 10 insurance companies and six mutual funds participated, with overall domestic institutional investors' and foreign institutional investors' contributions at 78 per cent and 12 per cent, respectively. This fundraiser follows IndiGrid's preferential issue of Rs 438 crore completed in November 2025. With the completion of this institutional placement, IndiGrid has raised a total of Rs 1,938 crore in equity capital during the fiscal year 2025-26, reflecting a calibrated, phased approach to capital raising. Post issuance, IndiGrid's net debt-to-AUM will be 57 per cent, providing a growth runway of up to Rs 45,000 crore in Assets Under Management (AUM) while remaining within the levera

Why Assam's rapid growth is more than a low-base effect

An RBI report places Assam as India's fastest-growing state over five years, driven by fiscal discipline, infrastructure spending and administrative reform rather than a low-base rebound

Indian Railways awards €62 million loco maintenance contract to Alstom

French rolling stock maker Alstom has secured a €62 million Indian Railways contract to maintain WAG-12B electric locomotives at the Sabarmati depot till 2031

India partners Germany to develop green hydrogen infrastructure

The partnership focuses on deepening bilateral engagement while accelerating the adoption of renewable energy in India

NDMC begins Khan Market makeover with Middle Lane upgrade, granite flooring

The New Delhi Municipal Council on Saturday began a major upgrade of Khan Market with the laying of the foundation stone for the improvement of the market's Middle Lane, a long-pending demand of traders and visitors. Linking the project to the vision of Viksit Bharat-2047, NDMC Vice Chairman Kuljeet Chahal said the NDMC Budget 2026-27 places strong emphasis on redeveloping prominent markets, with Khan Market receiving "special and sustained attention". Under the vision of 'Developed India, Developed Delhi and Developed NDMC', a new beginning has been made at Khan Market with renewed energy in the new year, he said, adding that the market, once known for various issues and known for "Khan Market Gang", is now being developed in line with Prime Minister Narendra Modi's development model. Officials said the Middle/Back Lane project will include granite flooring and integrated service ducts for civil and electrical utilities. The work forms part of the upgradation and improvement of the

Proactive and effective monitoring for early project delivery drives growth

PRAGATI was developed as a technology-based system capable of monitoring infrastructure projects, reviewing government schemes, and addressing citizen grievances in one digital space

Highway Infrastructure jumps 7% as ₹328-crore order win boosts portfolio

Highway Infrastructure share price rose as much as 6.97 per cent to the day's high of ₹62.13 on the National Stock Exchange (NSE)

Fast-tracking infrastructure: Further reductions in delays are needed

PRAGATI has shown that some of these failures can be overcome through sustained oversight

Andhra Pradesh corners 25.3% of FY26 investments: Bank of Baroda report

The private sector dominated the investment pipeline with a share of 89.7 per cent or ₹23.87 trillion, while government sector investments stood at ₹2.75 trillion

BS Samriddhi: Uttar Pradesh racing ahead on all fronts, says Pathak

With sharper focus on infrastructure, industry, MSMEs and policy delivery, the Yogi Adityanath government aims to make Uttar Pradesh a $1 trillion economy and boost India's $5 trillion goal

Centrally funded infra projects see 21% cost jump in Oct as overruns mount

Among large infrastructure ministries (as per project count), the Ministry of Railways recorded a 17.8 per cent increase over original costs

Tokenising trust: How land reform can meet India's digital ambition

As India pushes for "ease of justice", land tokenisation could reduce disputes, unlock stalled wealth and align legal reform with digital public infrastructure ambitions

Growth in Northeast has been transformational: Jyotiraditya Scindia

Northeast is growing 1.6x faster than India, with ₹4.48 trillion in investment commitments and a push on logistics, credit and connectivity, says Scindia

Vertis InvIT weighs public listing to tap deeper domestic capital pools

Backed by KKR and OTPP, Vertis InvIT is evaluating a shift to a publicly listed structure as domestic institutional demand, liquidity and regulatory support reshape India's InvIT market

Adani group plans to invest ₹1 trn in airports, infra facilities in 5 years

At present, AAHL operates seven airports in Mumbai, Ahmedabad, Lucknow, Jaipur and Guwahati. The NMIA would be its eighth airport

'A Sixth of Humanity': Revisiting the idea and project of India

Instead of listing reforms, A Sixth of Humanity by Arvind Subramanian and Devesh Kapur identify necessary conditions that would give India a fair shot at solving important challenges ahead. An excerpt

Greenfield sectors, order book likely to drive L&T revenue growth

Analysts reckon L&T Realty can achieve sales of Rs 8,500 crore, translating into an operating profit of Rs 4,700 crore by FY30

Uttar Pradesh leads SASCI scheme with 482 projects as of late November

Over a third of the FY26 SASCI fund has been released for 4,106 state projects, with Uttar Pradesh leading approvals and Nagaland remaining the only non-participant