In order to form a national grid connecting all ports, the government has decided to form a committee that will assess the development potential of around 150 non-major ports in the country and will subsequently link them with major ports. This interlinking will aid India’s growth in terms of its export- import (EXIM) cargo.
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 National Highways Authority of India (NHAI) has been instructed by the Road, Transport and Highways Minister, Nitin Gadkari to expedite the implementation of projects and to accomplish its project construction targets.
At an approximate cost of Rs 6 billion, the ropeway project from Bhanodi to Pregara on Killar side in Shimla, has been approved by the Union Tribal Affairs Ministry in a bid to improve and provide year-long connectivity to the remote area of Pangi valley.
In tune to the notification issued by the Government of Maharashtra, the GVK run, Mumbai International Airport announced its decision to ban plastic and put forth the guidelines for the ban which came into action on October 2.
With NHAI and the private sector re-strategising, the funding crunch and increasing construction costs may derail the country’s roads and highways sector. Recently, the Prime Minister’s Office (PMO) stated to NHAI that the Government is reportedly not keen to sustain its large investments in building highways.