Page 2 - Infrastructure

PM Modi says India moving swiftly on path of development, cites infra push

Prime Minister Narendra Modi on Saturday said infrastructure is a major factor in the economic growth of developed countries around the world, and India is also moving fast on the path of development. The PM was speaking after flagging off four new Vande Bharat Express trains from the Banaras railway station in Varanasi, his Lok Sabha constituency. "Trains like Vande Bharat, Namo Bharat and Amrit Bharat are laying the foundation of a new generation of Indian Railways," Modi said. He said pilgrimage sites are the centres of spirituality and the development work done in Uttar Pradesh in the last 11 years has taken them to a new level. Railway Minister Ashwini Vaishnaw and Uttar Pradesh Chief Minister Yogi Adityanath also attended the event. The new Vande Bharat Express trains will operate on the Banaras-Khajuraho, Lucknow-Saharanpur, Firozpur-Delhi and Ernakulam-Bengaluru routes. The semi-high-speed trains will significantly reduce travel time between major stations, enhance region

BirlaNu acquires Clean Coats for ₹120 crore to strengthen portfolio

BirlaNu, part of the CKA Birla Group, has acquired Clean Coats for Rs 120 crore as part of a Rs 1,300-crore growth plan to strengthen its presence in the construction chemicals business

Dharan Infra-EPC signs ₹215 crore supply agreement with Skymax Infrapower

Dharan Infra-EPC Ltd on Saturday said it has signed an agreement worth Rs 215 crore with Skymax Infrapower to set up a 75 MW solar power plant in Maharashtra. The agreement signed by the company's wholly-owned subsidiary Dharan Infra Solar Pvt Ltd mainly covers the design, engineering, procurement, supply, installation, testing and commissioning of a 75 MW Alley Solar Project, Dharan Infra-EPC said in an exchange filing. The project will be developed across nine sites in the Nanded district of Maharashtra. It is expected to be completed during 2025-26 to 2026-27. This is a non-related party transaction carried out in the ordinary course of business, as per the filing. This is the second major contract from Skymax Infrapower Ltd, the company said. On August 31, 2025, the company had secured EPC contracts worth Rs 1,171.21 crore from Skymax Infra Power Ltd, for infrastructure development and renewable-linked EPC works at Orvakal Industrial Park, Andhra Pradesh. Dharan Infra Solar Pv

Statsguru: Infrastructure financing banks on NBFCs amid lending shift

The share of outstanding bank credit in infrastructure financing has come down to 33.61 per cent - the least since FY18

How GatiShakti Public could rewire India's infrastructure playbook

The GatiShakti framework, launched in 2021, sought to correct this by integrating geospatial data across the transport, energy, logistics, and urban sectors

Realty's next address: Towers, tunnels, transit to sculpt Mumbai's future

Experts point to micro-markets in Uran, Ulwe, Panvel in Navi Mumbai, Versova, Vikhroli, the Andheri West-Gorai belt, the Palghar region, and Bhiwandi

Govt approves four railway projects worth ₹24,634 cr under PM Gati Shakti

The four projects covering 18 districts across Maharashtra, Madhya Pradesh, Gujarat, and Chhattisgarh will increase the Indian Railways network by about 894 km

Why India needs more engineers in power, not just in classrooms

As India struggles to build its manufacturing sector and quality physical infra, we could consider what leadership role engineers should play in politics and the administration, writes T N Ninan

OpenAI's Sam Altman seeks funds for infra push during Asia tour: Report

Altman has planned to visit investors in the United Arab Emirates to raise money to help fund OpenAI's infrastructure expansion and research, WSJ said

Centre plans ₹20,000 cr risk guarantee fund to boost infrastructure growth

The government is considering a proposal for creation of a Rs 20,000 crore risk guarantee fund for the infrastructure sector to push investment by the private sector. The establishment of a risk guarantee fund for the infrastructure sector is expected to attract private sector investment by sharing project risks, thereby reducing the burden on project developers, sources said. The fund with initial corpus of Rs 20,000 crore may be managed by National Credit Guarantee Trustee Company Limited (NCGTC), sources said, adding, the fund would underwrite development risk of a new project. Besides, there should be additional safeguards by way of a minimum stake by the developer and risk-based premiums may be charged. The fund would cover losses arising from policy uncertainty and other non-commercial risks, thereby encouraging lenders to extend larger loans to big projects, sources added. For the fund to be successful, sources said, the fund's guarantee must be bankable and there must be .

RBI to ease risk weights for NBFC infra loans, cut financing costs

It has been proposed to introduce a principle-based framework for assigning risk weights to infrastructure loans given by these entities

RITES signs pact with Etihad Rail to enhance infrastructure, mobility ties

RITES Ltd, a transport infrastructure consultancy and engineering firm, on Tuesday said it has signed a pact with UAE-based Etihad Rail for business collaboration with its subsidiary National Infrastructure Construction Company. A Memorandum of Understanding (MoU) was signed in this regard, which aims to enhance business collaboration in the mobility and infrastructure sectors across the UAE and other regions, according to a statement. This partnership aims at combining RITES' five decades of expertise in consultancy, transport infrastructure, and engineering solutions with the execution capabilities of National Infrastructure Construction Company, creating synergies for shaping infrastructure projects in the region, the statement said. "The MoU was signed by H.E. Shadi Malak, CEO of Etihad Rail, and Rahul Mithal, Chairman and Managing Director of RITES Ltd., in the presence of His Highness Sheikh Theyab bin Mohamed bin Zayed Al Nahyan, Chairman of Etihad Rail, and Ambassador of Ind

Tata Communications bags multi-crore digital infra project from GSTAT

Tata Communications on Monday said it has bagged a "multi-crore" order from the Goods and Services Tax Appellate Tribunal (GSTAT) to build an end-to-end digital infrastructure spanning network, IoT, cloud, and security with integrated management across domains. The project, aimed at accelerating and streamlining GSTAT's operations, will enable seamless access across all benches nationwide, fortify data security, and deliver a simplified user experience, the company said in a statement. "Tata Communicationshas been awarded a strategic project to deliver a comprehensive digital infrastructure - spanning network fabric, IoT, cloud, and security, with unified management across domains for the Goods and Services Tax Appellate Tribunal (GSTAT) benches established by the Ministry of Finance, Government of India. This multi-crore, prestigious win reinforces Tata Communications' position as a trusted technology partner for mission-critical national initiatives," it said. Tata Communications

Banks' era of infrastructure funding is over: Nabfid chairman K V Kamath

NaBFID Chairman KV Kamath says banks can no longer be primary infra financiers due to structural limits, with markets and DFIs better placed to meet India's long-term needs

Govt plans ₹20,000-cr risk fund to ease financing hurdles in infra projects

The government is considering a ₹20,000-cr risk guarantee fund to protect new infrastructure projects from policy delays and external risks, aiming to boost credit flow and attract investors

Infra funds: Suited for seasoned investors who can handle cyclicality

Limited allocation should be taken in the satellite portfolio with above five-year horizon

Centre approves ₹803 crore request for 152 road projects across Delhi

The Central government has approved a fund request of Rs 803 crore to take up 152 road-related projects across Delhi, officials said on Tuesday. The funds have been approved under the Central Road and Infrastructure Fund (CRIF). Earlier, in July, Chief Minister Rekha Gupta had requested the funds during a high-level meeting chaired by Union Minister for Road Transport and Highways Nitin Gadkari. "The competent authority in this ministry has agreed to approve the work listed to an amount of Rs 803.39 crore to meet the cost of work debitable to the allocations of the Government of NCT of Delhi under the CRIF Act, 2000," the letter issued by the Ministry of Road Transport and Highways, accessed by PTI, said. The Public Works Department (PWD) manages about 1,400 kilometres of roads in the capital. A plan is already underway to repair 600 kilometres of roads over the year. PWD Minister Parvesh Verma earlier announced that these upgrades align with the city's broader environmental and ..

Semicon India 2025: Industry flags infra, talent as key challenges

Industry leaders at Semicon India 2025 said India's semiconductor sector faces hurdles including infra gaps, shortage of fab-specific talent and supply chain vulnerabilities

As renewables replace coal, India's Viksit Bharat target faces energy test

Changes in energy mix will majorly impact the growth in coal demand, mining activity, and associated employment

Net ECB inflows rise to $4.6 billion in Apr-Jun 2025, shows RBI data

RBI data showed net ECB inflows rose to $4.6 billion in April-June 2025 from $2.8 billion a year ago, even as registrations moderated and sectoral trends diverged