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1.Maharashtra Cabinet pushes port development

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.

2.Union Cabinet approves award of three airports to Adani

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).

3.AAI looking to improve airport infrastructure through planned investment

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

4.Adani Airports to invest 100 billion in airport business post bidding win

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.

5.Application: Hindon Airport

Owner: Airports Authority of India

6.Adani Ports to sell overseas bonds worth $750 mn

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.

7.Adani Ports to invest in a new container terminal in Myanmar

An investment of US$ 290 mn has reportedly been confirmed by Adani Ports for a new container terminal at Yangon Port in Myanmar.

8.Mumbai and Delhi to get second airports

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

9.Data driver

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)

10.CII proposes brownfield asset recycling for government’s divestment programme

The Confederation of Indian Industry (CII) has called upon the government to consider brownfield asset recycling as an option for its divestment programme.