INFORM: Infrastructure, Projects & Finance – February 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:

• Cancellation of Highest Bid in Public Auction Impermissible Without Valid Grounds
• Delhi High Court Lifts Injunction on NHAI’s Termination of Expressway Contract
• Strict Compliance with Tender Conditions Is Mandatory: Uttarakhand High Court
• SC Revives Landowners’ Remedies and Calls for Parity in Compensation Framework
• Allegations of Cartelisation Must Be Supported by Concrete Evidence: Gauhati High Cour

Notifications/circulars:

• MoRTH Revises Dispute Resolution Framework for BOT (Toll), HAM and EPC Projects
• RBI’s New Framework for “High-Quality” Infrastructure Lending by NBFCs
• RBI Notifies FEMA (Guarantees) Regulations, 2026
• Draft Amendments to Rule 3 of the Electricity Rules, 2005, Issued
• NHAI–Konkan Railway MoU and the Emerging Road–Rail Convergence Framework

Quick Reads:

• IIFCL Seeks to Broaden Infrastructure Financing into Emerging and Sustainable Sectors
• Government Proposes Near-Zero Land Cost Model for Greenfield Shipbuilding Clusters
• Inclusion of Special Situation Funds Proposed Under SARFAESI
• NHAI Plans Recalibration of Road Asset Monetization in FY26