GMR To Build Cargo City At Delhi Airport

19 Aug 2025 CW Team

GMR Airports Ltd will develop a new cargo city spread over 50.5 acres at Indira Gandhi International Airport (IGIA) in Delhi, the country’s largest airport operated by Delhi International Airport Ltd (DIAL), a subsidiary of GMR Airports.

According to a regulatory filing, the project involves creating state-of-the-art cargo and logistics facilities across 50.5 acres, including a 10-acre optional land parcel for future expansion. GMR Airports has been selected to finance, design, develop, construct, operate, manage and maintain the cargo city until 2036, with the concession period extendable by an additional 30 years. The company has also received a Letter of Intent to Award (LOIA) from DIAL.

The project will follow a revenue-share payment model, with GMR Airports required to pay a minimum monthly guarantee to DIAL. For the initial period up to 2036, the total estimated payment obligation amounts to Rs 4.16 billion.

The filing further noted that the transaction qualifies as a related party deal conducted on an arm’s length basis, with all necessary approvals secured in compliance with SEBI Listing Regulations and the Companies Act, 2013.

Infrastructure Transport

01 Jun 2026

MMRDA advances 250 m on Orange Gate–Marine Drive tunnel

The Mumbai Metropolitan Region Development Authority (MMRDA) has completed 250 m of underground tunnelling for the Orange Gate–Marine Drive Urban Road Tunnel using India’s largest slurry shield tunnel boring machine (TBM) deployed for an urban road project.The project involves twin tunnels extending over 7 km beneath critical transport corridors, including Central Railway, Western Railway and Metro Line 3. The work requires high-precision engineering to navigate densely developed urban infrastructure.Once completed, the tunnel is expected to reduce travel time between Orange Gate and Marin..

Hindustan Zinc Pays Rs 188.46 Billion in FY26

Hindustan Zinc contributed Rs 188.46 billion to the public exchequer in FY 2025-26, according to its 9th Tax Transparency Report. The contribution, equivalent to 46 per cent of the company’s revenue, included direct and indirect taxes, government royalties, dividends to the Government of India, withholding taxes and other statutory levies.The company’s five-year cumulative contribution to the exchequer stood at Rs 915.72 billion. In FY26, Hindustan Zinc reported revenue of Rs 408.44 billion, EBITDA of Rs 221.62 billion and profit after tax of Rs 138.32 billion. It also achieved its highest..

World of Concrete India 2026 Opens in Mumbai

Informa Markets in India will host the 12th edition of World of Concrete India 2026 from 3–5 June 2026 at the Bombay Exhibition Centre, Mumbai. The specialised B2B exhibition will bring together manufacturers, suppliers, contractors, developers, architects, consultants, infrastructure companies, project leaders and government stakeholders.The event is expected to feature over 350 brands and more than 18,000 trade professionals. It will cover concrete and cement, dry mortar, precast technologies, formwork, construction chemicals, industrial and commercial flooring, scaffolding, safety solutio..