AAI Invests Rs.1 Billion in Vijayawada Airport

05 Mar 2024 CW Team

The capital injection has been strategically allocated to various facets of Vijayawada Airport's facilities, encompassing terminal upgrades, runway expansions, and state-of-the-art technology integration. Passengers can now anticipate a more seamless and efficient travel experience, thanks to enhanced terminal amenities and improved operational capabilities.

The comprehensive overhaul includes the incorporation of cutting-edge security measures, ensuring the safety and well-being of all passengers. Additionally, the runway expansions facilitate the accommodation of a broader range of aircraft, fostering increased connectivity and accessibility for both domestic and international flights.

The ?1 billion investment is not just a monetary infusion; it signifies a commitment to transforming Vijayawada Airport into a key player in the aviation landscape. The development aligns with broader regional economic goals, promoting tourism, trade, and business activities. As a result, the upgraded airport is poised to become a catalyst for economic growth in the surrounding areas.

The AAI's sustained dedication to Vijayawada Airport underscores its vision for a modern, world-class aviation hub. This transformation not only caters to the present needs of air travelers but also anticipates and prepares for the future demands of a growing and dynamic aviation industry. The investment showcases AAI's proactive approach in steering India's aviation sector towards excellence and global competitiveness.

In a significant leap towards enhancing air travel infrastructure, the Airports Authority of India (AAI) has dedicated a whopping Rs.1 billion to the development and expansion of Vijayawada Airport over the past seven years. This substantial investment reflects AAI's commitment to modernizing and elevating the aviation experience in the region. The capital injection has been strategically allocated to various facets of Vijayawada Airport's facilities, encompassing terminal upgrades, runway expansions, and state-of-the-art technology integration. Passengers can now anticipate a more seamless and efficient travel experience, thanks to enhanced terminal amenities and improved operational capabilities. The comprehensive overhaul includes the incorporation of cutting-edge security measures, ensuring the safety and well-being of all passengers. Additionally, the runway expansions facilitate the accommodation of a broader range of aircraft, fostering increased connectivity and accessibility for both domestic and international flights. The ?1 billion investment is not just a monetary infusion; it signifies a commitment to transforming Vijayawada Airport into a key player in the aviation landscape. The development aligns with broader regional economic goals, promoting tourism, trade, and business activities. As a result, the upgraded airport is poised to become a catalyst for economic growth in the surrounding areas. The AAI's sustained dedication to Vijayawada Airport underscores its vision for a modern, world-class aviation hub. This transformation not only caters to the present needs of air travelers but also anticipates and prepares for the future demands of a growing and dynamic aviation industry. The investment showcases AAI's proactive approach in steering India's aviation sector towards excellence and global competitiveness.

Infrastructure Urban

05 Nov 2025

TBO Tek Q2 Profit Climbs 12%, Revenue Surges 26% YoY

TBO Tek Limited one of the world’s largest travel distribution platforms, reported a solid performance for Q2 FY26 with a 26 per cent year-on-year increase in revenue to Rs 5.68 billion, reflecting broad-based growth and improving profitability.The company recorded a Gross Transaction Value (GTV) of Rs 8,901 crore, up 12 per cent YoY, driven by strong performance across Europe, MEA, and APAC regions. Adjusted EBITDA before acquisition-related costs stood at Rs 1.04 billion, up 16 per cent YoY, translating into an 18.32 per cent margin compared to 16.56 per cent in Q1 FY26. Profit after tax r..

Infrastructure Energy

05 Nov 2025

Northern Graphite, Rain Carbon Secure R&D Grant for Greener Battery Materials

Northern Graphite Corporation and Rain Carbon Canada Inc, a subsidiary of Rain Carbon Inc, have jointly received up to C$860,000 (€530,000) in funding under the Canada–Germany Collaborative Industrial Research and Development Programme to develop sustainable battery anode materials.The two-year, C$2.2 million project aims to transform natural graphite processing by-products into high-performance, battery-grade anode material (BAM). Supported by the National Research Council of Canada Industrial Research Assistance Programme (NRC IRAP) and Germany’s Federal Ministry for Economic Affairs a..

Infrastructure Urban

05 Nov 2025

Antony Waste Q2 Revenue Jumps 16%; Subsidiary Wins Rs 3,200 Cr WtE Projects

Antony Waste Handling Cell Limited (AWHCL), a leading player in India’s municipal solid waste management sector, announced a 16 per cent year-on-year increase in total operating revenue to Rs 2.33 billion for Q2 FY26. The growth was driven by higher waste volumes, escalated contracts, and strong operational execution.EBITDA rose 18 per cent to Rs 570 million, with margins steady at 21.6 per cent, while profit after tax stood at Rs 173 million, up 13 per cent YoY. Revenue from Municipal Solid Waste Collection and Transportation (MSW C&T) reached Rs 1.605 billion, and MSW Processing re..