Page 5 - Infrastructure

Real estate developers stuck between construction cost wall and soft market

Price rise mainly due to jump in cost of cement, steel, and skilled labour

IFFCO-Tokio enters surety bonds business to support infra projects

IFFCO-Tokio joins a handful of insurers offering surety bonds to support small contractors and infrastructure projects as segment eyes Rs 3 trillion growth by 2030

Telcos to airports: Allow us to provide indoor telecom infrastructure

Telcos say current rules prohibit unlicensed third parties from deploying active or passive telecom infrastructure, urge airports to grant rights to licensed operators

Infra boost, lower repo rates, ready units aid market recovery: CREDAI

The residential real estate market in the city and its neighbourhood has commenced 2025 on a positive note with a strong recovery and increasing buyer confidence, a report by the industry body CREDAI said. Sharp growth in registrations, steady sales of the residential units and a resilient housing market has emerged in the January-March 2025 period, the study prepared by the Confederation of Real Estate Developers' Associations of India (CREDAI), Chennai said on Sunday. Projects nearing completion or ready-to-occupy continued to be the preferred choice among buyers, it said. The recent reduction in the repo rate by the Reserve Bank of India and the Central government's revised income tax slabs has further supported buyer sentiment, particularly among first time buyers, the report said. Sales of residential units grew 7 per cent quarter on quarter to 3,783 units during the three month period while it was 27 per cent growth year-on-year. Southern suburbs accounted for the majority of

Swiggy expands 10-minute food delivery service 'Bolt' to over 500 cities

Swiggy on Friday said its 10-minute food delivery service 'Bolt', which was launched in October last year, is now operational in more than 500 cities across the country. Presently, at least one in every 10 food delivery orders delivered by Swiggy are delivered using the 'Bolt' service. The offering is now available in over 500 cities across India. Swiggy's scaling up of 'Bolt' comes at a time when its rival Eternal, formerly Zomato, has announced shutting down of the 'Zomato Quick' offering, stating it is not seeing the path to profitability without compromising on customer experience, observing that the current restaurant density and kitchen infrastructure is not set up for delivering orders in 10 minutes, leading to inconsistent customer experience. Swiggy Food Marketplace CEO Rohit Kapoor said, "Bolt fits into the way people live today. You're hungry, you want something now, and you don't want to compromise. We built Bolt for that moment. Seeing it scale to 500-plus cities in ju

JSW Infra Q4 results: Profit jumps 54% despite moderate cargo volume growth

The total expenses during the quarter increased by only about 1 per cent YoY, to Rs 790.6 crore

New Maharashtra EV policy aims to strengthen charging infrastructure

With outlay of ₹1,995 cr, state is targeting 30% EV registrations by 2030

Telcos fight Noida international airport's indoor telecom infra plan

Coming up in Jewar in Uttar Pradesh's Gautam Buddha Nagar district, the airport plans to grant exclusive rights to a third party to install in-building solutions (IBS)

Railway infra, Kashmiri Pandits on terror target; security forces on alert

Security forces are on high alert after inputs suggested that terrorists are "actively planning" an attack on vulnerable railway infrastructure, Kashmiri Pandits and non-locals working in the Valley, officials said. The inputs were received after the deadly Pahalgam attack on April 22, in which 26 people, mainly tourists, were gunned down by terrorists. The intelligence inputs suggest that terrorists are actively planning an audacious attack on non-locals, Kashmiri Pandits and security personnel in the coming days, they said. The officials said railway infrastructure remains a vulnerable target, as many railway staff in the Valley are non-local. The Railway security personnel, who frequently move outside their barracks in local markets, have been asked to refrain from doing so as this may increase their "vulnerability", they said. The officials said these personnel have been warned to curtail such movements with "immediate effect" to ensure their safety. A warning has also been i

Patel Engineering secures two infra projects worth Rs 2,036.89 crore

Infrastructure development company Patel Engineering Ltd on Friday said it has secured two projects worth a total of Rs 2,036.89 crore in Maharashtra and Arunachal Pradesh. In the urban infrastructure segment, Patel Engineering Ltd bagged an order for dam construction and related works in Maharashtra from the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO), the company said in a statement. The project is to be executed in a time period of 42 months. Patel Engineering secured another order for a 240 MW hydropower project in Arunachal Pradesh from North Eastern Electric Power Corporation Ltd (NEEPCO), it said. The project is scheduled to be completed within 44 months. The scope of work includes construction of civil and associated infrastructure works, testing and commissioning of hydro-mechanical plant and machinery leading to operation and performance of all the generating units of the hydroelectric project, according to the statement. "The hydropower proje

Energy, steel, textiles cos line up ₹5.5 trn investment in Chhattisgarh: CM

The state aims to increase its gross domestic product (GDP) from Rs 5.68 trillion in FY25 to Rs 6.35 trillion by the end of the current financial year

Key infrastructure sectors growth slows to 3.8% in March: Govt data

The output of eight key infrastructure sectors slowed down to 3.8 per cent in March, as against 6.3 per cent growth registered a year ago, according to official data released on Monday. On a monthly basis, the growth rate in the production of these sectors was slightly higher than the 3.4 per cent expansion recorded in February. In March, production of crude oil and natural gas recorded a negative growth. The production growth of coal, refinery products, steel and electricity moderated to 1.6 per cent, 0.2 per cent, 7.1 per cent, and 6.2 per cent, respectively. Fertiliser production rose by 8.8 per cent in March 2025 against 1.3 per cent contraction in the same month last year. Cement production growth rose to 11.6 per cent in March 2025 from 10.6 per cent in the year-ago month. The growth of core sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 4.4 per cent during April-March 2024-25 fiscal. It was 7.6 per cent in the s

Govt aims completion of infrastructure in nine plastic parks by 2025 end

The government is aiming completion of physical infrastructure at all nine plastic parks by end of 2025, according to Chemicals and Petrochemicals Secretary Nivedita Shukla Verma. The government has so far approved a total of 10 plastic parks under a central scheme that provides funding up to 50 per cent of the project cost, capped at Rs 40 crore per park. Currently, there is a stay order on one park in Tamil Nadu by National Green Tribunal. "The parks are in different stages of development. We are pushing for the completion of the physical infrastructure. By the end of this year, we want to complete the infrastructure in all nine parks," Verma told PTI. While physical infrastructure is advancing in many parks, operationalisation remains slow. Out of nine parks, 3-4 parks are partially operational that include Tamot (Madhya Pradesh), Paradeep (Odisha) and Tinsukia (Assam), she said. While the intention is try to complete the parks at the earliest, the secretary said it has taken a

KKR-backed Highways Infrastructure Trust plans to raise ₹4,950 crore

To deploy money to fund SPVs and refinance

Delhi CM approves Rs 4,000 cr projects, unveils 100-year development plan

Delhi Chief Minister Rekha Gupta on Wednesday announced the approval of a Rs 4,000-crore development project for the national capital, outlining her long-term vision for a 100-year development model. Gupta made the announcement during an event celebrating 120 years of the PHD Chamber of Commerce and Industry (PHDCCI). Speaking at the event, she emphasised the importance of collaboration between the government and the business community. "I hope that the people of PHDCCI will work together with the Delhi government, which will lead to revenue generation in Delhi and create more employment opportunities," she said. Highlighting key focus areas, she said, "We have to work in every sector -- be it cleaning the Yamuna, improving education, health, tourism or transportation. We aim to transform the old image of Delhi and build the city from scratch." The chief minister also announced that the Delhi Jal Board (DJB) had approved projects worth Rs 3,000 crore as part of the broader ...

Rail sector revenue to grow 5% in FY26, wagon makers drive gains: Icra

The Indian railway sector is expected to see a moderate revenue growth of 5 per cent in FY'26, driven primarily by strong performance from wagon manufacturers, while construction entities in the sector may witness slower growth, an analysis by credit rating agency ICRA said. The report highlights that the weighted average operating margins for the sector will remain healthy at around 12 per cent in FY26, supported by operating leverage benefits and stable input prices. This comes amid sustained government investments in railway infrastructure, with the capital outlay increasing by 130 per cent over the past five years to Rs 2.52 lakh crore in 2025-26 (Budget Estimates), a statement said. However, budgetary support has grown only modestly by 2 per cent between FY2024 and FY2026, indicating a potential slowdown in funding momentum, the rating agency said. Suprio Banerjee, Vice President and Co-Group Head, Corporate Ratings, at ICRA, noted that railway sector entities have been key ..

Delhi CM directs formation of monitoring cell for updates on infra work

Delhi Chief Minister Rekha Gupta issued several directives including one for formation of a monitoring cell for regular updates on ongoing infrastructure work in the city, officials said on Saturday. In a recent meeting with top officers and heads of government departments, she also asked for weekly reports from them on various schemes, projects and programmes, they said. The chief minister sought cooperation and support from the officers in ensuring that the government achieves its targets as people have "high hopes" from it. She expressed confidence that the bureaucracy will meet her expectations in working for the people, said a senior government officer. Gupta directed Chief Secretary Dharmendra to set up a monitoring cell under him to strengthen supervison of infrastructure projects and furnish regular updates to the Chief Minister's Office (CMO), said the officer. The BJP government in its first budget worth Rs one lakh crore for financial year 2025-26, tabled in the Assembly

Real estate firm Trinity to invest Rs 1,200 cr in Gurugram housing project

Realty firm Trinity will invest Rs 1,200 crore to develop a housing project in Gurugram. In a statement on Wednesday, the company said it is developing an 11-acre luxury residential project 'Sky Palazzo Residences' on Dwarka Expressway in Gurugram. The project will be completed by 2029. The company will develop this project "with an investment of Rs 1,200 crore". In the first phase, it will develop 345 apartments. Avinash Nagpal, Senior Vice President Projects, Trinity, said there is a strong demand for ultra-premium homes. Housing sales have risen sharply during the post-COVID pandemic. According to PropEquity data, housing sales in Delhi-NCR rose 10 per cent to 11,221 units in January-March 2025 from 10,235 units in the year-ago period.

Govt weighs EV charging expansion across key infra with ₹2,000 crore fund

India aims to increase the number of public EV charging stations from the current 32,500 to 72,300 by the end of 2025-26

Mandate 15-20% green space allocation for infra projects: CII-GBC report

A report prepared by the Confederation of Indian Industry's Green Business Centre (CII-GBC) has mandated 15-20 per cent green space allocation for all new residential, commercial and infrastructure projects. The report 'Infra South: Crafting Liveable Environments in Indian Cities' prepared by CII Green Business Centre highlights a plan to transform Chennai, Coimbatore, Madurai, Tiruchirappalli, Tiruppur and Salem into sustainable and liveable cities. Tamil Nadu Chief Minister M K Stalin at the recently held South India Annual Convention 2025 released the report which underscores the immense pressure placed on urban infrastructure and the environment due to rapid economic and population growth, exacerbated by climate change. CII would work with the Tamil Nadu government in facilitating the cities in making them greener and liveable. The study emphasises that a green and liveable city harmoniously balances economic, environmental and social dimensions thereby enhancing the quality of