Rs.1,300 Crore Project for Airport
AVIATION & AIRPORTS

Rs.1,300 Crore Project for Airport

A major Rs.1,300 crore development project has been unveiled for Kerala’s Thiruvananthapuram International Airport, aimed at upgrading and modernizing its infrastructure. The comprehensive project, undertaken by the Adani Group, seeks to improve the airport’s facilities, enhance passenger experience, and bolster regional connectivity, with a focus on supporting Kerala's thriving tourism industry and economic development.

The plan includes significant upgrades to the airport's existing terminals, with provisions to accommodate the increasing number of international and domestic passengers. The modernization project aims to transform Thiruvananthapuram Airport into a world-class hub by enhancing amenities, improving baggage handling, and increasing the number of check-in counters. This will significantly reduce waiting times and elevate the overall travel experience.

In addition to passenger amenities, the development will also focus on expanding cargo facilities, supporting Kerala’s export industry, particularly in perishables like seafood, spices, and handicrafts. The upgraded cargo infrastructure will allow the state to tap into new markets, thus stimulating local businesses and employment opportunities.

The airport’s strategic location and its enhanced capacity will play a vital role in boosting Kerala’s tourism, which is a key contributor to the state’s economy. The state government has pledged support for the project, recognizing its potential to improve connectivity and drive economic growth in the region.

This Rs.1,300 crore investment is part of a larger effort by the Adani Group to modernize airports across India. By integrating world-class technology and facilities, the project aligns with India’s vision of strengthening its aviation infrastructure and improving its position as a global logistics and travel hub. The initiative is expected to provide a significant boost to Kerala’s economy, positioning Thiruvananthapuram Airport as a critical player in regional and international air travel.

A major Rs.1,300 crore development project has been unveiled for Kerala’s Thiruvananthapuram International Airport, aimed at upgrading and modernizing its infrastructure. The comprehensive project, undertaken by the Adani Group, seeks to improve the airport’s facilities, enhance passenger experience, and bolster regional connectivity, with a focus on supporting Kerala's thriving tourism industry and economic development. The plan includes significant upgrades to the airport's existing terminals, with provisions to accommodate the increasing number of international and domestic passengers. The modernization project aims to transform Thiruvananthapuram Airport into a world-class hub by enhancing amenities, improving baggage handling, and increasing the number of check-in counters. This will significantly reduce waiting times and elevate the overall travel experience. In addition to passenger amenities, the development will also focus on expanding cargo facilities, supporting Kerala’s export industry, particularly in perishables like seafood, spices, and handicrafts. The upgraded cargo infrastructure will allow the state to tap into new markets, thus stimulating local businesses and employment opportunities. The airport’s strategic location and its enhanced capacity will play a vital role in boosting Kerala’s tourism, which is a key contributor to the state’s economy. The state government has pledged support for the project, recognizing its potential to improve connectivity and drive economic growth in the region. This Rs.1,300 crore investment is part of a larger effort by the Adani Group to modernize airports across India. By integrating world-class technology and facilities, the project aligns with India’s vision of strengthening its aviation infrastructure and improving its position as a global logistics and travel hub. The initiative is expected to provide a significant boost to Kerala’s economy, positioning Thiruvananthapuram Airport as a critical player in regional and international air travel.

Next Story
Real Estate

Indian REITs Offer 6-7.5 per cent Yield, Surpassing Many Global Markets

Indian Real Estate Investment Trusts (REITs) are delivering average yields of 6–7.5 per cent for unitholders, outperforming many mature markets, including the US, according to a report by Credai and Anarock.Credai, the apex body of Indian real estate developers, and property consultant Anarock released the report Indian REITs – A Gateway to Institutional Real Estate at an event in India.Currently, India has five listed REITs – Brookfield India Real Estate Trust, Embassy Office Parks REIT, Mindspace Business Parks REIT, Nexus Select Trust, and Knowledge Realty Trust. Nexus Select Trust pr..

Next Story
Infrastructure Energy

Insolation Energy Wins 226 MW Solar Projects Under PM-KUSUM

Insolation Energy on Monday announced securing multiple solar projects totalling 226.45 MW, with an investment of Rs 7.5 billion, under the PM-KUSUM scheme. The orders were awarded to its wholly-owned subsidiary, Insolation Green Energy Pvt Ltd, by Jaipur Vidyut Vitran Nigam Limited for 20 sites and Ajmer Vidyut Vitran Nigam Limited for 115 sites, the company informed the exchanges.“The combined SPV solar power plants will total 226.45 MW under PM-KUSUM Component A, with the final levelised tariff at Rs 3.04 per unit for 16 sites, Rs 2.82 per unit for 5 sites, Rs 2.75 per unit for 53 sites, ..

Next Story
Infrastructure Energy

Numaligarh Refinery Awards EPC Contract for Rooftop Solar Projects

State-owned Numaligarh Refinery Ltd. (NRL) has awarded a Letter of Award to Solarium Green Energy Ltd. for the rate contract covering the Engineering, Procurement, and Construction (EPC) of grid-connected rooftop solar PV projects at various locations. The projects fall within the categories of 51–200 kW and 201–1000 kW. Notable projects include a 140 kW rooftop solar plant at NRL Assam, a 760 kW plant at NRL Assam, and a 280 kW plant at NRL West Bengal.The supply order covers ex-manufacturing works and the dispatch price for plant and equipment for the 140 kW, 760 kW, and 280 kW rooftop s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?