+
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 Energy

Bihar Launches Rs 53.4 Billion Green Energy Plan

The Bihar government has taken a major stride towards clean energy with the launch of two new policies and the signing of agreements totalling Rs 53.4 billion. These initiatives aim to generate 2,357 megawatts (MW) of renewable energy through solar, wind, battery storage, and other sustainable technologies.The Bihar Renewable Energy Policy 2025 and the Pump Storage Policy 2025 were officially introduced at an event in Patna. Designed to attract significant investment, the policies seek to position Bihar as a key centre for clean energy projects. Energy Minister Bijendra Prasad Yadav stated tha..

Next Story
Infrastructure Transport

Bids Invited for Rs 62.5 Billion Vizag Metro Project

The long-anticipated Visakhapatnam Metro Project has made significant progress, with the Andhra Pradesh Metro Rail Corporation inviting bids for the first civil contract under Phase 1 of the Vizag Metro. The estimated cost of this contract is Rs 62.5 billion.This engineering, procurement and construction (EPC) contract covers the design and construction of a 46.23 km viaduct spanning three corridors, including a 20.16 km double-decker four-lane flyover cum metro viaduct. The project also comprises 42 elevated metro stations across Visakhapatnam.Recently, SYSTRA Consultancy signed a Memorandum ..

Next Story
Real Estate

Oberoi Realty to Buy Hotel Horizon for Rs 9.19 Billion

A consortium led by Mumbai-listed Oberoi Realty Ltd is set to acquire debt-laden Hotel Horizon Pvt Ltd in Juhu, Mumbai for Rs 9.19 billion (approximately USD 107 million) under a resolution plan approved through India’s Insolvency and Bankruptcy Code (IBC).In a filing to the stock exchange, Oberoi Realty confirmed that the Committee of Creditors of Hotel Horizon had approved the resolution plan, following which a letter of intent was issued. The consortium also includes Shree Naman Developers and JM Financial Properties.As per the resolution plan, the consortium will make a payment of Rs 9.1..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?