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To benefit developers and operators of all major and minor ports in the state, the Maharashtra state cabinet has modified the state’s port policy to lower the port and wharfage charges.
The Union Cabinet has approved proposals for leasing out three major airports – Ahmedabad, Lucknow and Mangaluru – of the Airports Authority of India (AAI) through public-private partnership (PPP).
The Airports Authority of India (AAI) is reportedly set to make an investment of Rs 190 billion to boost the infrastructure of airports over the next three years
The frontrunner of Adani Group, Adani Enterprises (AEL), has committed a hefty investment of Rs 100 billion in the airport business through its subsidiary Adani Airports by 2026.
Owner: Airports Authority of India
Adani Ports is seeking to raise about $750 mn by selling overseas bonds, which will be used for expanding its current capacity or for buying locally available assets, and to refinance existing liabilities.
An investment of US$ 290 mn has reportedly been confirmed by Adani Ports for a new container terminal at Yangon Port in Myanmar.
Due to positive passenger traffic growth, the civil aviation ministry is reportedly pursuing efforts to have a second airport in major cities and requesting state governments to reserve land for building the aerodromes
The Institute of Technology Madras (IIT Madras) has, under the guidance of Professor A Thillai Rajan, Department of Management Studies, has launched a data platform called Integrated Database on Infrastructure Projects (IDIP)
The Confederation of Indian Industry (CII) has called upon the government to consider brownfield asset recycling as an option for its divestment programme.
