Afcons Infra Rises After Rs 3,355 Mn Arbitral Award

Modi Urges End-to-End Reforms for Infrastructure Projects

Prime Minister Narendra Modi on Tuesday called for continuous reforms across all stages of infrastructure project execution during the 53rd PRAGATI meeting. He asked ministries and state governments to adopt an end-to-end approach and a proactive work culture to ensure timely delivery. The meeting reviewed six key infrastructure projects in the railway, road and power sectors across nine states with a cumulative investment of Rs 300 billion (Rs 300 bn). Officials assessed projects on timelines, inter-agency coordination and resolution of pending issues. He said infrastructure projects should b..

GMR Airports Plans US$2 bn Expansion In Delhi And Hyderabad

GMR Airports plans a US$2 billion (bn) expansion of facilities at New Delhi and Hyderabad as part of a major modernisation drive. Hyderabad’s upgraded airport will be able to accommodate about 80 million (mn) passengers a year, more than double its current annual volume of 34 mn fliers. The company is India’s largest airport operator by number of fliers annually, while rival Adani Airport Holdings Ltd is the biggest by number of airports and is reported to be looking to invest US$15 bn to boost passenger capacity over the next five years. Executives indicated the build-outs in New Delhi an..

Mumbai Airport to Demolish Part of Terminal One From 15 January

Adani Group-operated Mumbai International Airport (MIAL) will begin partial demolition of the north section of Terminal one-B at Chatrapati Shivaji Maharaj International Airport from 15 January 2027, according to a letter to the civil aviation ministry. The operator has begun redistributing air traffic to Terminal two and to Navi Mumbai International Airport to facilitate the work. The airport, managed by Mumbai International Airport, currently has a capacity of over 50 million (mn) passengers and handles over 950 flight movements daily. Terminal one is nearly 80 years old and parts of it have..