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, 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 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.