INFORM: Infrastructure, Projects & Finance – April 2025

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

Case laws:

• Bombay HC Rejects PIL on Double Toll for Non-FASTag Vehicles
• Calcutta HC Upholds Loss of Profit Claim Without Direct Proof
• Limitation Period Begins from Knowledge of Sale, Not Revocation of POA: SC
• Supreme Court: Returning Acquired Land Privately to Original Owner is Illegal
• Sections 3J and 3G of NHAI Act Struck Down as Unconstitutional

Notifications/circulars:

• NHAI Policy Update: Reimbursement of Increased Royalty Charges
• Revamped Priority Maintenance Module in NHAI Datalake for Pavement Distress Issues
• SEBI Updates Disclosure Requirements for Specified Securities
• Indian Ports Bill, 2025: Overhaul of India’s Maritime Framework
• NHAI Takes Decisive Action Against Irregularities in Toll Collection
• NHIT Concludes India’s Largest Highway Monetisation Round
• Amendments to Master Circular on InvITs and REITs

Quick Reads:

• NaBFID in talks with World Bank to Strengthen Financing for Infrastructure Projects
• Proposed Amendments to National Highways Act, 1956
• Strong Infrastructure Push in Tamil Nadu State Budget
• Addressing Challenges in Highway Infrastructure: Parliamentary Panel’s Key Recommendations