Hubballi Airport Upgrade to Host Bigger Aircraft Soon
Hubballi airport will soon be capable of accommodating larger aircraft such as the Airbus A320, as apron expansion and reconfiguration works progress. Once completed, the upgraded apron will allow for 10 larger aircraft and four smaller aircraft to be parked simultaneously.This project forms part of a broader airport upgradation initiative, which includes construction of a new eco-friendly terminal building, additional apron bays, four aerobridges, and supporting infrastructure. The total development cost is Rs 2.7 billion.The Airports Authority of India (AAI) has floated a tender worth Rs 350..
BMRCL Gets Only 9 Acres for Hebbal Metro Hub
A high-level committee chaired by Chief Secretary Shalini Rajneesh has approved the allocation of nine acres of land near Hebbal to the Bangalore Metro Rail Corporation Limited (BMRCL), significantly reducing the original request of 45 acres. The decision was made despite appeals from notable figures such as Biocon founder Kiran Mazumdar-Shaw, former Infosys director Mohandas Pai, and Minister of State Shobha Karandlaje, who represents Bengaluru North in the Lok Sabha.Initially, BMRCL had planned a state-of-the-art multi-modal transport hub and had sought 45.5 acres for the purpose. However, i..
CCI Approves Wind Power Deal Involving TPG and SGRE
The Competition Commission of India (CCI) has approved the proposed acquisition of the Target Business from Siemens Gamesa Renewable Energy (SGRE) and its Sri Lankan arm SGREL by a consortium including Peony Properties Private Limited (PPPL), TPG REGen SG Pte. Ltd. (TPG REGen), Mavco Investments Private Limited (Mavco), Tikri Investments (Tikri), and SGRE.The Target Business includes the manufacture and assembly of onshore wind turbine generators, as well as the provision of operation, maintenance, and technical services for wind turbines and onshore wind power projects. These operations are c..
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