As reported, the Airports Authority of India (AAI) is set to welcome its new chairman – Senior IAS Officer Arvind Singh was recently appointed to the post. Additionally, another major reshuffle includes Sukhbir Singh Sandhu who has been selected to head the National Highways Authority of India (NHAI).
The bidding process for the Greater Noida Airport has drawn the attention of the state-run Airports Authority of India (AAI) as well as that of the GNR group. The two entities are running the Delhi Airport in a joint venture and are now likely to bid against each other for the upcoming airport in Noida.
A new commercial airport will be developed in Kutch, Gujarat, after the Union Environment Ministry gave it a green nod following consultations from a panel of experts. Estimated to be worth Rs 14 billion, the project will be built by Mundra International Airport.
The government is set to spend an estimated amount of Rs 10 billion in the span of the next three years for the expansion of three airports in the newly formed union territory of Jammu and Kashmir (J&K). This investment to improve connectivity is seen in light of the government’s plans to bring the territory closer to rest of the nation.
Keeping up with its expansion plans for Pune airport, the Airports Authority of India (AAI) is deliberating between two options to acquire a 5 acre plot. The land is located next to the airport’s parking number one and can be taken either through the Pune Municipal Corporation (PMC) or through a JV between the owners of the plot and AAI.