INFORM: Infrastructure, Projects & Finance – June 2026

In our latest edition, we have shared the trends shaping the infrastructure landscape and key developments in projects and finance, with certain case laws highlighting the judicial perspective.

Case laws:

• Patna High Court Declines Interference in BSNL Tender Disqualification Matter
• Debarment Unsustainable After COVID Extension Compliance
• Tender Condition For In-State E-Waste Recycling Facility for Disposal of EVMs and VVPATs Upheld
• Disqualification of Bidder for Furnishing EMD Through Fixed Deposit Set Aside

Notifications/circulars:

• NHAI Introduces Multi-Lane Free Flow Tolling
• NHAI Issues Clarification on GST Applicability for O&M Components in EPC Projects
• NHAI Clarifies GST Compensation Framework for HAM Projects
• SEBI Expands Permissible Use of Borrowings for InvITs
• SEBI Clarifies Status of InvIT SPVs Post Expiry or Termination of Concession Agreements
• NHAI Revises Price Variation Mechanism for Bitumen in EPC and HAM Projects
• MNRE Notifies Comprehensive Small Hydro Power Development Scheme for FY 2026–27 to FY 2030–31

Quick Reads:

• Venture Capital and Pension Funds Permitted to Participate in Highway PPP Projects
• NITI Aayog Revises Model Concession Agreement Framework for Multi-Modal Logistics Parks
• Congestion at JN Port Highlights Structural Challenges in India’s Port Ecosystem
• IRFC Raises USD 1.1 Billion Equivalent ECB to Support Infrastructure Financing
• NHAI Signs MoU with Norwegian Geotechnical Institute