UP Govt Releases Rs 1.96 Billion for Noida Airport Cargo Road

03 Mar 2025 CW Team

The Uttar Pradesh government has sanctioned Rs 1.96 billion to construct an 8.25 km expressway to the cargo terminal and a 750-metre VVIP corridor for the upcoming Noida International Airport near Jewar, the Yamuna Expressway Industrial Development Authority (Yeida) announced.

The 8.25 km, 30-metre-wide cargo terminal road is expected to be completed within four months, while the National Highways Authority of India (NHAI) will develop the 750-metre, 60-metre-wide VVIP road. Yeida signed an agreement with NHAI on December 6, 2024, to build these key links, which are expected to enhance connectivity as airport traffic increases.

The VIP loop will provide a dedicated emergency route between the Noida airport and the expressway. Meanwhile, the Noida International Airport Limited (NIAL) reported that the terminal building is nearing completion, with flooring, escalators, and the baggage handling system in place, and roof construction underway. Over 90% of the Rs 100 billion first-phase budget has already been utilised.

The airport is scheduled to start operations from April 17, 2025, and is expected to handle 12 million passengers annually in its first phase. Plans for the second phase, including a Maintenance, Repair, and Overhaul (MRO) hub and additional runway development, are also in progress, with plot allotment tenders being prepared.

(Hindustan Times)

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..