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Navi Mumbai International Airport to open by 2024 end
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IIFCL has sanctioned over 760 projects of about Rs 13.8 trillion
What are the top three sectors in IIFCL’s loan portfolio mix?
So far, IIFCL has sanctioned more than 760 projects with a total project outlay of ~Rs.13.8 trillion, the majority of which are PPP projects. As on 31 March 2024, IIFCL’s total sanctions and disbursements on a cumulative basis exceed Rs.2.5 trillion and Rs.1.25 trillion, respectively. The outstanding loan book stands at over Rs.500 billion as on 31 March 2024.
IIFCL provides finance to all subsectors in the harmonised infrastructure sector list, like power, ports, roads, airp..
Mumbai's Infrastructure Transformation: A Dive into the Future
Mumbai, India's bustling metropolis, is on the brink of a massive transformation with a whopping investment of over ₹3,80,000 crores dedicated to revamping its landscape. At the forefront of urban development in Mumbai, the commencement of several groundbreaking projects marks a new era for the city's infrastructure growth. The largest sea bridge in the country was recently inaugurated, signaling the start of an ambitious series of projects aimed at enhancing Mumbai's connectivity and accessibility. These developments include the introduction of the nation's first underwater tunnels, the ex..
Our team kept challenging itself and achieved significant milestones
Please take us through the iconic project’s timeline since inception.
The timely completion of such a mega project has been achieved by L&T despite challenges like adverse climatic conditions and the COVID-19 pandemic, which disrupted our global supply chain and availability of workforce. Since inception, the project team kept challenging itself and achieved significant milestones. Starting with the pile foundation works in 2018, the team began the first superstructure concrete span erection works in February 2020.
Noida Airport to be linked by expressway, rapid rail, and pod taxi
The construction of Noida International Airport, also known as Jewar airport, was in its final stages, and passenger services were expected to begin in October. The airport would be linked by six roads and a rapid rail-cum-metro, in addition to pod taxis.
Upon completion, the Noida airport was projected to be the largest in India and the third in the National Capital Region (NCR) after Delhi airport and Hindon airbase in Ghaziabad.
A 31-km greenfield expressway was being built to connect the airport to the Delhi-Mumbai Expressway at Ballabhgarh.
The National Highway Aut..
Nagpur Airport: Mihan Dream grounded, vantage point lost
Nagpur's unique and strategic central location was once lauded for placing it on the nation's aviation map. It was hailed for its efforts in creating a harmonized air traffic management system with continuous airspace over the city, alongside establishing a centralized cargo hub. However, Dr Babasaheb Ambedkar International Airport is currently mired in apathy and has seemingly vanished from the national radar across various parameters, barely meeting the standards expected of a tier-2 city airport.
The airport, bearing its international tag, serves merely two flights to two foreign de..
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