Rs 1,240 Crore Spent on Rajkot Airport Development

12 Aug 2024 CW Team

The Gujarat government has committed ?1,240 crore towards the enhancement of Rajkot Airport, highlighting its dedication to improving regional air connectivity. This substantial financial investment is set to transform the airport into a modern facility capable of accommodating increased passenger traffic and supporting more flights, both domestic and international.

The funding will be used to upgrade the airport's infrastructure, including the expansion of terminal facilities, renovation of runways, and the introduction of advanced technology. These improvements are expected to boost the airport's handling capacity, providing a more efficient and comfortable experience for travelers. The modernized airport will cater to a growing number of passengers and is anticipated to foster economic growth in the region by attracting more business and tourism.

In addition to physical upgrades, the development project includes enhancing security measures and integrating new systems for better operational efficiency. The overhaul will position Rajkot Airport as a significant hub in Gujarat?s transportation network, supporting the state's broader goals of economic development and connectivity.

Overall, this investment reflects the government's commitment to improving regional infrastructure and boosting the local economy. By addressing current limitations and expanding facilities, the upgraded Rajkot Airport will play a crucial role in accommodating future travel demands and enhancing the region?s accessibility.

Infrastructure Energy

22 Oct 2025

KEC Secures Rs 10, 380 Mn Substation Order in Saudi Arabia

KEC International Ltd., a global infrastructure EPC major, and an RPG Group company, has secured a new order worth Rs 10,380 million for the Design, Supply and Installation of a 380 kV GIS Substation in Saudi Arabia.Vimal Kejriwal, MD & CEO, KEC International Ltd., commented, “We are delighted with the successive order wins in our T&D business. In a landmark achievement, we have secured our largest ever substation order. This prestigious order in the Middle East has widened our portfolio and strengthened our presence in the region. With this strategic win, our year-to-date or..

Central Bank of India executes first fully digital SCF deal on PSB Xchange

In a major advancement for India’s banking sector, Central Bank of India (CBI) has successfully completed the country’s first fully digital supply chain finance (SCF) transaction on PSB Xchange—a unified multi-lender platform launched by PSB Alliance. PSB Xchange is designed to connect public and private sector banks, NBFCs, and fintechs with corporates and their channel partners to facilitate supply chain finance and small business loans. The transaction marks the first time a fintech-originated corporate lead has been seamlessly processed through the PSB Xchange ecosystem. The lead fl..

Atlanta Electricals secures Rs 1,835 Mn transformer order from BNC Power

Atlanta Electricals Limited (“Atlanta”) has secured an order worth Rs 1,835 million from BNC Power Projects Ltd for the supply of extra high voltage (EHV) transformers and a bus reactor for its Pugal site. The contract includes a mix of 315 MVA, 400 KV and 100 MVA, 132 KV transformers along with a 400 KV bus reactor. The project scope encompasses design, manufacturing, testing, and supply to the project site. Deliveries will be sequenced following engineering and drawing approvals, offering multi-quarter execution visibility and ensuring a steady production run-rate. The order will be ex..