Top Indian Infrastructure Industry News & Updates - 27 March 2025,Thursday
🏢 Industry & SEZ
Adani, Maha JV to sell 10 to 12 million sq ft in Dharavi project
The Navbharat Mega Developers Private Limited (NMDPL), the special purpose vehicle (SPV) of Maharashtra government and Adani group, which has been formed to redevelop 600 acre Dharavi redevelopment project in Mumbai, one of the largest slums in the world, will get to sell 10 to 12.5 million sq ft of properties a year once the project is completed. The SPV aims to complete the project in seven years.
R.P.P Infra Projects Ltd to acquire 120 acres of land in proximity to the proposed new Chennai airport
Chennai: R.P.P Infra Projects Ltd, which is based in Erode, Tamil Nadu, is set to acquire 120 acres of land in proximity to the proposed new Chennai airport at a cost of ₹75 crores. The new airport is coming up at Parandur, about 60 km west of Chennai.
📝 'Fundamentals of domestic realty market probably best in the world'
📝 Primus plans to invest Rs 1,500 cr in multi-generational living communities across six Indian cities.
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🏗 Construction
📝 L&T wins its largest order till date as QatarEnergy LNG gives 'ultra-mega' contract
📝 HIL rebrands as BirlaNu, plans $150 mn investment for $1 bn goal by 2028
📝 JSW Infrastructure completes slurry pipeline business from JSW Utkal Steel for around Rs 1,617 crore
📝 L&T bags '$4-billion' project order from QatarEnergy LNG, its biggest ever
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🏘 Real Estate
DLF buys nearly 50 per cent stake in DLF Urban from GIC
New Delhi: Real estate major DLF has acquired nearly 50 per cent stake in its arm DLF Urban Pvt Ltd from Singapore-based GIC for `497 Crore.
Birla Estates sells homes worth Rs 3K cr via its Gurugram project
📝 Marubeni Corp exits Atmosphere Realty with Rs 218 cr debenture redemption
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🛍 Cement
UltraTech cements its lead—and looks to build on it
India’s cement sector is laying a solid foundation for growth, with stocks surging after a research report pointed to a sustained earnings upcycle. UltraTech Cement, the country’s largest producer, has been at the forefront of this rally, continuing its trend of outperformance.
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⚙ Equipment
📝 BEML considering setting up plant in Chhattisgarh
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🚙 Roads & Highways
Removing black spots on national highways: Parliamentary panel flags ‘governance failure’, lays down 3-tier action plan
The committee further emphasised the importance of evaluating the effectiveness of the implemented solutions and recommended that each rectified black spot should undergo mandatory post-implementation safety audits at 3- and 12-month intervals to ensure the effectiveness of interventions.
NHAI's NHIT hits Rs 18,380 crore mark in record InvIT monetisation
📝 Indian roads will be better than U.S. in two years: Nitin Gadkari
📝 Pace of NH construction higher this year: Nitin Gadkari
📝 637 projects facing delays due to various reasons: Nitin Gadkari
📝 NHAI raises record Rs 18,380 crore via InvIT
📝 For 1st time, EPFO invests in fund-raise by NHAI
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🚃 Railways
Vedanta Lanjigarh expands rail infrastructure to support its 5 MTPA refinery expansion
📝 Indian Railways to invest Rs 16.7 lakh crore in freight corridors, HSR, station upgrade by 2031: Report
📝 NorthEast Frontier Railway achieves 100 per cent electrification of Alipurduar
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