New terminal building at Pune airport to be completed by Jan 2023

25 Jan 2022 CW Team

According to the sources, the under-construction terminal building of the Pune airport will be completed by January 2023.

The new deadline is a delay of five months of the earlier proposed date in August this year. An official said that over 68% of the work had been completed, and the airport's terminal building will be operational by January next year.

Sources said that after the terminal building is completed, it would need necessary permissions and approvals from the Directorate General of Civil Aviation (DGCA) and Bureau of Civil Aviation Security (BCAS). The work worth Rs 415 crore is in full swing. It will be ready for initial operations by April 2022, followed by the construction work of the skywalk connecting the parking to the existing terminal building. It would take another month to complete the entire project worth Rs 120 crore.

The airport project has been delayed twice with extended deadlines. The airport authorities should push the work to complete the new proposed airport.

Image Source

Also read: Pune Airport's new terminal building set to open by August 2022

Real Estate

05 Aug 2026

CREDAI-MCHI to Host 10th Design & Construction Conference

CREDAI-MCHI will host the 10th anniversary edition of its Design & Construction Conference on August 19, 2026, at the Jio World Convention Centre in Mumbai.The event is expected to bring together more than 500 procurement leaders, construction heads, architects, consultants and senior real estate decision-makers, alongside over 50 construction and ancillary brands.The conference will feature product launches, technology showcases, knowledge sessions, strategic business-to-business networking and recognition of procurement professionals contributing to the transformation of the construction..

BorgWarner Wins Extension for High-Voltage Inverter Programmes

BorgWarner has secured a major extension of several high-volume high-voltage inverter programmes from a leading European automotive manufacturer.The contracts cover updated inverter designs for plug-in hybrid and 800V battery-electric vehicle applications. Production is scheduled to begin in 2029.Isabelle McKenzie, President and General Manager, BorgWarner PowerDrive Systems, said the programme extensions demonstrate the company’s position in power electronics and reflect the strength of its technology, in-house expertise and customer relationships.For plug-in hybrid vehicles, BorgWarner wil..

Castrol India Q2 Profit Rises 43% to Rs 3.48 bn

Castrol India reported a 43 per cent year-on-year increase in profit after tax to Rs 3.48 billion for the quarter ended June 30, 2026, supported by growth across its consumer, industrial and institutional businesses.Revenue from operations increased 25 per cent to Rs 18.71 billion during the second quarter of 2026, compared with Rs 14.97 billion in the corresponding period of 2025. EBITDA rose 41 per cent to Rs 4.94 billion from Rs 3.50 billion.Sequentially, revenue increased from Rs 15.45 billion in the first quarter of 2026, while EBITDA rose from Rs 3.29 billion. Profit after tax increased ..