Page 6 - Infrastructure

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

India's core sector growth falls to five-month low of 2.9% in February

Driven by deceleration in output of coal, refinery products, and cement

India's core sector growth falls to five-month low of 2.9% in February

In February 2024, the core sector growth had stood at 7.1 per cent

Recasting India's infra ambitions as NIP, NMP near end of their tenure

The National Infrastructure Pipeline and the National Monetisation Pipeline have both reached the end of their tenure and need revitalisation

Germany's likely next leader seeks approval for huge defence, infra package

Germany's would-be next chancellor, Friedrich Merz, is asking lawmakers Tuesday to allow the country to put whatever it takes into defense as doubts mount about the strength of the trans-Atlantic alliance, and to authorise an enormous fund for investment in its creaking infrastructure, financed by hefty borrowing. The outgoing parliament is set to meet for a final time to vote on the plans as Merz's center-right Union bloc works to put together a governing coalition with the center-left Social Democrats of outgoing Chancellor Olaf Scholz after winning last month's election. Two-thirds majority needed The plans will need a two-thirds majority in parliament's lower house, the Bundestag, because they involve changes to Germany's strict self-imposed borrowing rules the so-called debt brake, which allows new borrowing worth only 0.35% of annual gross domestic product and is anchored in the constitution. That forced the prospective coalition partners into negotiations with the ...

Haryana CM proposes urban drainage fund of Rs 100 cr to improve infra

An Urban Drainage Fund with Rs 100 crore corpus will be set up to improve drainage infrastructure in all cities of Haryana, said Chief Minister Nayab Singh Saini while presenting his government's Budget for the 2025-26 fiscal on Monday. This dedicated fund will launch projects to ensure sustainable flood management and protect cities from disasters. He also proposed to establish Common Effluent Treatment Plants in Panipat, Faridabad, Gurugram, and Yamunanagar. In his budget speech, the chief minister announced Rs 5,666.28 crore allocation for the Urban Local Bodies, a 38.5 per cent increase from Rs 4,091.95 crore allocated this fiscal. Saini, who also holds the Finance portfolio, said that to empower local governments, the municipal corporations, councils and municipal Committees will be granted the authority to determine taxes and fees. These local bodies will have the flexibility to set taxes such as property tax, development tax and charges like garbage charges, advertisement ..

Roadstar InvIT may onboard strategic partner to acquire large road assets

The InvIT wants to keep all options open, with acquisitions purely based on value. However, it may preferably target assets from the NHAI

Chhattisgarh Budget gives 'GATI' to infrastructure, industrial growth

According to economic experts, the Chhattisgarh Budget for 2025-26 focussed on accelerating economic growth in the state with emphasis on infrastructure and industrial development

EDF India, Actis join hand to develop smart metering infrastructure

EDF India on Wednesday announced a strategic joint venture (JV) with Actis, a leading global investor in sustainable infrastructure, to deploy smart metering infrastructure. This collaboration aims to operate a dedicated platform company for Advanced Metering Infrastructure Service Provider (AMISP) concessions, reinforcing EDF India's and Actis' commitment to investing in the Indian power sector, a company statement said. Under this joint venture, EDF India and Actis will bring together their global expertise in energy solutions and infrastructure investments. The Indian government is actively driving the National Smart Metering Project under the Revamped Distribution Sector Scheme (RDSS), targeting the deployment of 250 million smart meters by 2025, it said. These advanced metering solutions are designed to enhance operational efficiencies, reduce aggregate technical and commercial losses, and bolster the financial sustainability of India's power distribution companies ...

Ashwini Vaishnaw unveils major infra, IT initiatives at Advantage Assam 2.0

Union Minister of Railways, Electronics & Information Technology, and Information & Broadcasting, Ashwini Vaishnaw participated in the Advantage Assam 2.0 Investment and Infrastructure Summit held in Guwahati and announced several key initiatives and projects aimed at accelerating the growth of the railway and IT industries in the region.Highlighting the government's commitment to enhancing infrastructure and industrialization, Vaishnaw described the North East as the "New Engine" for India's development. He unveiled plans for a new semiconductor plant in Assam, reinforcing the state's growing role in electronics and semiconductor manufacturing.Additionally, he announced that Guwahati Railway Station would be transformed into a new IT hub, further strengthening the region's digital infrastructure.The Minister underscored the government's success in constructing 1,824 km of new railway tracks in Assam and the North East since 2014. He also noted the commissioning of two ...

CAG reports to be tabled today; Delhi CM house, Mohalla clinics under lens

CAG reports will highlight alleged issues in the renovation of the Chief Minister's residence and Mohalla clinics under the earlier AAP government

India's differentiator in realty is vibrant work ecosystem: Neil Murray

Murray shared his insights on the country's growing commercial real estate sector