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.
As reported, Union Minister Hardeep Singh Puri laid the foundation for 10 developmental projects worth Rs 2.92 billion in Dwarka, giving an impetus to civic and sports infrastructure in the city.
The Jewar International Airport development has reportedly, attracted around 20 companies that include both, national and international entities
New developments in the vertical mobility solutions market include elevators tailored for affordable as well as premium realty, and 24 x 7 service assurances.
As reported, the union cabinet announced its decision approving the development of the Vaibhavwadi-Kolhapur rail line which has been under demand for a long time since it will connect Konkan and Western Maharashtra.
The government has asked its policy think tank NITI Aayog to identify assets owned by Central PSEs. Accordingly, a `3-tn worth asset has been taken by the government in its possession.
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.
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).
