CCEA approves new greenfield airport in Gujarat at Rs 1,305 cr
AVIATION & AIRPORTS

CCEA approves new greenfield airport in Gujarat at Rs 1,305 cr

The Cabinet Committee on Economic Affairs (CCEA) sanctioned the proposal for the Phase-I development of a new greenfield airport in Dholera, Gujarat at an evaluated cost of Rs 1,305 crore. The airport construction will be finished within 48 months.

The airport will also function as a second airport to Ahmedabad. Notably, the move comes ahead of the assembly elections planned in Gujarat this year.

The project is being executed by Dholera International Airport Company Limited (DIACL), which is a joint venture (JV) including the Government of Gujarat (GoG), Airports Authority of India (AAI), and National Industrial Corridor Development and Implementation Trust (NICDIT) holding equity in the ratio of the New Greenfield Airport at Dholera is located at an aerial distance of 80 Km from Ahmedabad Airport.

The Airport is planned for operationalisation from the year 2025-26, and initial passenger traffic is evaluated to be 3 lakh passengers per annum, anticipated to grow to 23 lakh over 20 years. The annual cargo traffic is also evaluated from the year 2025-26 at 20,000 tonnes, which would rise to 2,73,000 tonnes over 20 years.

The Union Cabinet also discussed the contract inked among the Shanghai Cooperation Organisation (SCO) member states on collaboration in the field of youth work.

Consequent to the adoption of the contract by the member states of the Shanghai Cooperation Organisation (SCO) on cooperation in the field of youth work, the contract was inked by the Government of the Republic of India, Minister of Youth Affairs and Sports. The authorised working language of the SCO Secretariat is Chinese and Russian.

The cooperation areas further include training of professional staff in the sphere of work with youth; reference and methodological materials, youth public organisation, exchange of scientific, work experience of state bodies, other organisations, and associations involved in the execution of state youth policy and aid youth initiatives; exchange of scientific publications, research works on topical problems of preventing youth involvement in destructive structures; carrying out joint research and activities on various youth policy issues and youth cooperation; boost joint economic and humanitarian initiatives aimed at engaging youth in entrepreneurship and innovative projects to grow their employment and well-being; supporting the activities of the SCO Youth Council.

Image Source

Also read: CCEA nods one-time option to surrender non-operational coal mines

The Cabinet Committee on Economic Affairs (CCEA) sanctioned the proposal for the Phase-I development of a new greenfield airport in Dholera, Gujarat at an evaluated cost of Rs 1,305 crore. The airport construction will be finished within 48 months. The airport will also function as a second airport to Ahmedabad. Notably, the move comes ahead of the assembly elections planned in Gujarat this year. The project is being executed by Dholera International Airport Company Limited (DIACL), which is a joint venture (JV) including the Government of Gujarat (GoG), Airports Authority of India (AAI), and National Industrial Corridor Development and Implementation Trust (NICDIT) holding equity in the ratio of the New Greenfield Airport at Dholera is located at an aerial distance of 80 Km from Ahmedabad Airport. The Airport is planned for operationalisation from the year 2025-26, and initial passenger traffic is evaluated to be 3 lakh passengers per annum, anticipated to grow to 23 lakh over 20 years. The annual cargo traffic is also evaluated from the year 2025-26 at 20,000 tonnes, which would rise to 2,73,000 tonnes over 20 years. The Union Cabinet also discussed the contract inked among the Shanghai Cooperation Organisation (SCO) member states on collaboration in the field of youth work. Consequent to the adoption of the contract by the member states of the Shanghai Cooperation Organisation (SCO) on cooperation in the field of youth work, the contract was inked by the Government of the Republic of India, Minister of Youth Affairs and Sports. The authorised working language of the SCO Secretariat is Chinese and Russian. The cooperation areas further include training of professional staff in the sphere of work with youth; reference and methodological materials, youth public organisation, exchange of scientific, work experience of state bodies, other organisations, and associations involved in the execution of state youth policy and aid youth initiatives; exchange of scientific publications, research works on topical problems of preventing youth involvement in destructive structures; carrying out joint research and activities on various youth policy issues and youth cooperation; boost joint economic and humanitarian initiatives aimed at engaging youth in entrepreneurship and innovative projects to grow their employment and well-being; supporting the activities of the SCO Youth Council. Image Source Also read: CCEA nods one-time option to surrender non-operational coal mines

Next Story
Infrastructure Urban

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..

Next Story
Infrastructure Energy

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..

Next Story
Infrastructure Urban

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..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement