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Infrastructure

30 articles
J Kumar Infraprojects Wins ₹1,184 Crore EPC Contract in Lucknow
J Kumar Infraprojects received a Letter of Acceptance for a ₹1,184 crore EPC contract to build an international exhibition and convention centre in Lucknow. The project, awarded by the Uttar Pradesh P
Kernex Wins ₹91.1 Crore KAVACH Equipment Order from BLW
BLW issues a counter offer to Kernex for 112 sets of KAVACH equipment valued at ₹911.18 million (₹91.1 crore), inclusive of GST and installation. Delivery is phased over 10 months from May 2026 to Feb
Dhruv Consultancy Empanelled by India Exim Bank for Infrastructure Reports
Dhruv Consultancy Services Limited has been empanelled by India Exim Bank for preparation and vetting of Techno-Economic Viability (TEV) reports, Project Feasibility Reports (PFR), and Detailed Projec
RVNL Receives 242 Crore Railway Electrification Order
Rail Vikas Nigam Ltd (RVNL) received a Letter of Award from South Central Railway for an overhead equipment (OHE) system upgrade. The contract, valued at Rs. 242.5 crore, involves upgrading the existi
Ashoka Buildcon Extends SPV Stake Sale Deadline
Ashoka Buildcon extends completion date for sale of 6 remaining SPVs to June 30, 2026. Transaction involves sale to Epic Concesiones 2 and Edelweiss-managed Infrastructure Yield Trust schemes. Sale of
NHAI Exceeds Highway Construction Target by 15% in FY26
NHAI constructed 5,313 km of national highways in FY 2025-26, exceeding the 4,640 km target by 15% during the fiscal year. Capital expenditure reached Rs. 2,44,362 crore, which is 2.5% above the budge
HG Infra Sells 49% SPV Stake for ₹233.77 Cr
H.G. Infra Engineering transferred 49% stake in subsidiary H.G. Khammam Devarapalle PKG-1 Pvt Ltd to Neo Infra Income Opportunities Fund on March 30, 2026. Total transaction consideration is ₹233.77 c
NHAI Nears FY26 Monetisation Target with Rs. 28,300 Crore
NHAI has realized over Rs. 28,300 crore through InvIT and TOT models, nearing its FY 2025-26 target of Rs. 30,000 crore. InvIT Round 5 was awarded for Rs. 6,366.98 crore for two NH sections, while TOT
SPML Infra Grants 1,08,531 ESOP Options
SPML Infra's Nomination and Remuneration Committee approved grant of 1,08,531 options to eligible employees on 28th March 2026. Options are granted under SPML ESOP Scheme 2021 and will convert into eq
GR Infraprojects L-1 Bidder NH-56 Gujarat HAM
GR Infraprojects emerged as L-1 bidder for NH-56 four-laning project in Gujarat under Hybrid Annuity Mode. The project involves upgrading 60.21 km two-lane carriageway to four-lane divided carriageway
RKEC Bags NHAI Bridge Order Rs.40.50 Cr
RKEC received a work order from NHAI worth Rs. 40.50 Crore for bridge work in Bihar. Scope includes new bridge on Gandak river, approaches, and rehabilitation of existing Gandak and Mahi Bridges. The
IRB Infrastructure Executes TOT-18 Project PIA
IRB Infrastructure Developers Ltd executed a Project Implementation Agreement with IRBCTPL for the TOT-18 Project on March 24, 2026. IRB will act as Project Manager for IRBCTPL, a wholly owned SPV of
Trishakti Industries FY26 CapEx 90% Ahead of Guidance
Trishakti Industries deployed ~₹190 crore in FY26 CapEx, 90% above its guided ₹100 crore target. Cumulative fleet investment reached ~₹240 crore with 138 machines at 100% utilisation across 20+ projec
GR Infraprojects Wins NH-33 Bihar HAM Contract
GR Infraprojects received LOA from NHAI for a 4-lane greenfield NH-33 project in Bihar on Hybrid Annuity Mode. The contract is valued at INR 2,440.87 crore covering 82.4 km from Mokama to Munger. The
IMD's Observational Network in Tamil Nadu and Perambalur
The India Meteorological Department operates 35 manual observatories, 56 AWS, 87 ARGs, 11 Agro-AWS, and 5 Doppler radars in Tamil Nadu and Pondicherry for weather monitoring. Perambalur Lok Sabha cons
India Announces Cost Escalation Relief for Highway Projects
The Ministry of Road Transport announces a 3-month relief package for National Highway projects to mitigate the impact of rising global prices on contractors and concessionaires. Key measures include
India Targets 500 GW Non-Fossil Capacity, 208 GWh Storage by 2030
The Government of India targets 500 GW of non-fossil fuel capacity by 2030, requiring 208 GWh of battery storage for grid integration. Existing BESS capacity is 798 MWh, with 35.8 GWh under constructi
Cabinet Approves Jal Jeevan Mission 2.0 with ₹8.69 Lakh Crore Outlay
The Union Cabinet approved Jal Jeevan Mission 2.0 with a total outlay of ₹8.69 lakh crore, including central assistance of ₹3.59 lakh crore. Funds of ₹1,562 crore were released to five states for FY 2
Smart Cities Mission Achieves 93% Project Completion
The Smart Cities Mission has achieved 93% completion of 8,063 projects and 100% completion of Integrated Command and Control Centers (ICCCs), as per a NITI Aayog report. The Ministry of Housing and Ur
Railway Minister Reviews Performance, Emphasizes Passenger Experience
Union Minister Ashwini Vaishnaw reviewed railway performance, highlighting a historic reduction in accidents and record freight loading. The Minister emphasized improving passenger experience, station
India Announces Cost Escalation Relief for Highway Projects
The Ministry of Road Transport & Highways announced a three-month relief package for National Highway projects to mitigate the impact of rising global prices on construction. Key measures include rela
Amaravati Designated Sole Capital of Andhra Pradesh
The Lok Sabha passed the Andhra Pradesh Reorganisation (Amendment) Bill, 2026, designating Amaravati as the sole capital of Andhra Pradesh and ending years of uncertainty. The bill is expected to unlo
Ministry Announces Green Port Initiatives and 2030 Targets
The Ministry of Ports, Shipping and Waterways announced multiple green initiatives, including the Green Tug Transition Programme and renewable energy adoption at ports. Three major ports have been des
Ministry Announces Green Ports Initiative and 2030 Targets
The Ministry of Ports, Shipping and Waterways has launched multiple green initiatives, including the Green Tug Transition Programme and renewable energy adoption. Three major ports have been designate
SC Hears Chhattisgarh Road Corp vs Pathalgaon Expressway
The Supreme Court of India heard a special leave petition between Chhattisgarh Road Development Corporation and Raigarh Pathalgaon Expressway Limited. The Court allowed the respondent two weeks to fil
IL&FS Transportation Holds 26.37% Stake in Noida Toll Bridge
IL&FS Transportation Networks disclosed a 26.37% stake in Noida Toll Bridge Company, as required by SEBI's takeover regulations. The holding comprises 4,90,95,007 equity shares, which are unencumbered
Highway Infrastructure Penalised ₹26.33 Lakh for Withdrawing from Toll Plaza
The board of Highway Infrastructure decided to withdraw from the Venkatapalem Fee Plaza project, leading to a ₹26.33 lakh penalty from NHAI. The penalty of ₹26.33 lakh was paid within three days as pe
Thakur Infraprojects Appeals Security Clearance Rejection
The Supreme Court is hearing a petition by Thakur Infraprojects challenging the denial of security clearance by the Union of India. The Court has directed the Union to produce confidential files for r
NCLAT Rules NCLT Cannot Revive Terminated Concession Agreement
The National Company Law Appellate Tribunal (NCLAT) ruled that the NCLT cannot order the revival of a concession agreement terminated before insolvency proceedings. The case involved a concession for
NCLT Directs EPFO to Activate PF Code for VNR Infrastructures
NCLT Hyderabad allowed an application by VNR Infrastructures, directing the EPFO to activate its PF code without clearing past dues. The tribunal ruled that past PF liabilities must be settled under I