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  • [ April 29, 2026 ] 59.1 per cent physical progress achieved on Mumbai-Ahmedabad HSR Corridor Project in Maharashtra, Gujarat Railways
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HomeKey FinancingsSanctions/ Grants

Sanctions/ Grants

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Sanctions/ Grants

Uttar Pradesh government allocates funds for Lucknow Metro Rail Project (East-West Corridor)

April 7, 2026

The Uttar Pradesh government has allocated funds worth Rs 5.5 billion under the state budget for 2026-27 for the Lucknow Metro Rail Project (East-West Corridor). The project involves the development of a new corridor in […]

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Sanctions/ Grants

KMC allocates Rs 4.66 billion for water supply works in the municipal budget for FY 2027

April 7, 2026

The Kolkata Municipal Corporation (KMC) has allocated Rs 4.66 billion for water supply works in the municipal budget for 2026-27. Further, the KMC is augmenting the capacity of the water treatment plant (WTP) in Dhapa, […]

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Sanctions/ Grants

MoRTH approves fund for implementation of Package I of Jhunjhunu-Chirawa-Haryana Road Project in Haryana

March 9, 2026

MoRTH has approved funds worth Rs 22,030 million for the implementation of the Jhunjhunu-Chirawa-Haryana Four Laning Road Project (Package I). The project involves the four-laning of the 78 km Jhunjhunu-Chirawa-Haryana road stretch from km 57 […]

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Sanctions/ Grants

State releases equity for Nagpur and Swargate-Katraj metro projects

March 9, 2026

The Maharashtra government has released equity worth Rs 1 billion for the Nagpur Metro Rail Project Phase II and the Swargate-Katraj Metro Project. Of this, Rs 0.4 billion is for Swargate-Katraj, while the remaining Rs […]

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Sanctions/ Grants

MoRTH approves funds for implementation of Dugadda-Gumkhal Road in Uttarakhand

March 9, 2026

MoRTH has approved funds worth Rs 3,925.2 million for the implementation of the Dugadda-Gumkhal Two Laning Road Project (NH-534). The project involves the two-laning of the 18.1 km Dugadda-Gumkhal stretch of NH-534 with paved shoulders, […]

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Sanctions/ Grants

VMRDA approves funds for preparation of DPR for Bhogapuram-Rambilli Semi Ring Road Project in Andhra Pradesh

March 9, 2026

The Visakhapatnam Metropolitan Region Development Authority (VMRDA) has approved funds worth Rs 48.4 million for the preparation of a detailed project report (DPR) for the Bhogapuram-Rambilli Four/Six/Eight-Lane Greenfield Access Controlled Semi Ring Road Project. It […]

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Sanctions/ Grants

Uttar Pradesh government approves Rs 1 billion for two green hydrogen CoE

January 9, 2026

The Uttar Pradesh government has granted in-principle approval of Rs 1 billion to establish two centres of excellence (CoEs) under the Uttar Pradesh Green Hydrogen Policy, 2024. Each CoE will receive Rs 500 million in […]

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Sanctions/ Grants

Government approves Rs 270 million for Bhogapuram International Airport

January 9, 2026

The Andhra Pradesh government has approved Rs 270 million for the immediate restoration of four rainwater outlets at the under-construction Bhogapuram International Airport in Vizianagaram district. This follows a recommendation from Andhra Pradesh Airports Development […]

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Sanctions/ Grants

Central government allocates funds for rural road construction in Uttarakhand

January 9, 2026

The central government has approved Rs 17 billion for the construction of rural roads in Uttarakhand. The project involves the construction of 184 rural roads totalling about 1,228 km, as well as the repair of damaged […]

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Sanctions/ Grants

MoRTH approves funds for Nashik Ring Road Project in Maharashtra

January 9, 2026

The Ministry of Road Transport and Highways (MoRTH) has approved funds for the construction of a 47.9 km stretch of the 77.4 km Nashik ring road. The total cost for this section is Rs 58.05 […]

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Sanctions/ Grants

Finance Expenditure Committee approves funds for construction of Trans-Ganga City to Kanpur City Four lane bridge Project

January 9, 2026

The Finance Expenditure Committee of the Uttar Pradesh government has approved funding of Rs 7.3 billion for the construction of the Trans-Ganga City-Kanpur City four-lane bridge project. Earlier, the Uttar Pradesh State Industrial Development Authority […]

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Sanctions/ Grants

State approves funds for double-decker flyover under Bengaluru metro phase III in Karnataka

October 13, 2025

The Karnataka government has approved funds worth Rs 97 billion for the construction of double-decker flyovers under the Bengaluru Metro Rail Project Phase III. The Bengaluru Metro Rail Project Phase III will be developed at […]

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Sanctions/ Grants

State allocates funds for upgradation work of rural roads in Gujarat

October 13, 2025

The Gujarat government has allocated funds worth Rs 26.09 billion for the upgradation work of rural roads. The projects involve the upgradation of a total of 1,258 roads covering 4,196 km. In north Gujarat, it […]

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Sanctions/ Grants

Cabinet approves Rs 15 billion scheme for critical minerals 

October 13, 2025

The union cabinet has approved a Rs 15 billion incentive scheme to promote critical mineral recycling in the country. As part of the National Critical Mineral Mission, the scheme aims to develop recycling capacity in […]

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Sanctions/ Grants

Government announces second tranche of Fund of Funds scheme worth Rs 100 billion to boost deep tech innovation

August 12, 2025

The union minister of commerce and industry has announced a second tranche of Rs 100 billion under the flagship Fund of Funds  scheme to accelerate innovation and strengthen India’s deep tech ecosystem. This fresh allocation […]

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Sanctions/ Grants

Cabinet approves Rs 1 trillion under RDI Scheme to boost private R&D

August 12, 2025

The union cabinet has approved a Rs 1 trillion corpus under the Research Development and Innovation Scheme to drive private sector investments in strategic and high-growth areas such as deep tech, artificial intelligence (AI) and […]

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Sanctions/ Grants

Telangana government grants administrative sanction for Hyderabad Metro Phase 2B project

August 8, 2025

The Telangana government has given administrative sanction for the Hyderabad Metro Rail Phase 2B project. It is planned to be developed as a joint venture between state and central governments. The Telangana government will contribute […]

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Sanctions/ Grants

South Eastern Railway sanctions Rs 3.24 billion for Kavach installation across four divisions

August 8, 2025

South Eastern Railway (SER) has sanctioned Rs 3.24 billion for the installation of Kavach across its Kharagpur, Adra, Ranchi and Chakra­dharpur railway divisions. As part of SER’s Kavach balance works, the system will be installed […]

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Sanctions/ Grants

Central government approves Rs 54 billion VGF for 30 GWh BESS

June 16, 2025

The central government has approved a viability gap funding (VGF) scheme of Rs 54 billion to support the development of 30 GWh of battery energy storage systems (BESS). The initiative is expected to attract investments […]

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Sanctions/ Grants

NHAI allocate funds for renovation of Delhi-Gurugram Expressway in Delhi, Haryana

May 19, 2025

The National Highways Authority of India (NHAI) has allocated funds worth Rs 2.45 billion for implementation of Delhi-Gurugram Expressway Renovation Project. The tender for the same is expected to be invited soon. The project involves […]

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