The Cabinet Committee on Economic Affairs (CCEA) cleared the Rs 1,707 crore multi-purpose berths and mechanised berths project at Kolkata Port Trust. These projects, which would enhance the port cargo capacity by 23.4 million tonne (mn t), would come up at Haldia Dock II (North) and Haldia Dock II (
Author: admin (Infratructure Today)
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AP govt to convince Krishnapatnam port for new port project
Andhra Pradesh government said it would take efforts to convince Krishnapatnam port to allow the state to construct a port at Ramayapatnam, which is less than 100 km from Krishnapatnam. The Krishnapatnam port, located in Nellore district, raised objections over the proposed port in Ramayapatnam on the ground that it would fall within the exclusive zone of 100
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Australian miner NRW may invest in India
Australia's leading construction and mining services firm NRW has reportedly expressed interest to form a joint venture with another India-focused Australian miner, India Resources (IRL) to invest in the mining sector in India. NRW proposes to form a joint venture with IRL with a long-term view on the Indian mining sector, which has got
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Centre okays Rs 732 cr h’way widening project in Odisha
For widening of a section of National Highway 200 in Odisha under National Highways Development Project (NHDP) the Union government on March 7 approved a fund of Rs 732 crore. The Cabinet Committee on Economic Affairs has approved the implementation of the development of four laning of Bhuban-Dubari-Chandikhole section of National Highway-200 in Odisha under the NHDP Phase III on Design, Build, Finance Operate and Transfer basis in Build-Operate-Transfer (Toll) mode of delivery, an official stat
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Hyd’s civic body takes up Hospital Road repairs
In Hyderabad, with the entire Fever Hospital road on the verge of collapse, the municipal authorities have decided to take up re-construction work necessitating traffic restrictions on the roads leading to the hospital.
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B’lore needs funds for 25-km elevated road
The Bangalore Development Authority (BDA)?has decided not to take up the proposed ‘golden quadrilateral’ project to construct 25-kilometres of elevated road in the city under the Public-Private Partnership (PPP)?model as planned earlier.
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KFA to renew flying permit, wants to retain airport slots
According to sources, debt-ridden Kingfisher Airlines is looking to renew its airline operation permit, its CEO Sanjay Aggarwal told the civil aviation secretary and regulator director general of civil aviation (DGCA) in a meeting on March 7. Kingfisher Airlines, grounded since October last year, would like to retain its airport slots, especially in Mumbai.
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India okays AirAsia’s JV with Tata
Paving the way for the first foreign carrier to enter the Indian domestic aviation sector, AirAsia BhdÂ’s proposal to set up an airline jointly with the Tata group was approved on March 6 by the Indian governmentÂ’s foreign investment regulator. MalaysiaÂ’s AirAsia, the largest budget carrier in Asia, plans to launch a regional airline in India with an initial investment of 800 million rupees to cash in on rising demand for domestic air travel among IndiaÂ’s rapidly expanding middle class.
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AirAsia’s entry: Local carriers will have to change strategy
India's low-cost carriers such as SpiceJet and IndiGo are certain to face challenges with the entry of AirAsia and other foreign partners. AirAsia's foray comes at a time the airline industry is in turmoil with passenger traffic sliding. The number of passengers in fact shrunk 7.3 per cent in November on a year-on-year.
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Air India Express fleet to get 15 more aircraft
As part of the turnaround plan of Air India, 15 more aircraft would be added in the fleet of the State-owned carrier Air India Express (AIE), Civil Aviation Minister Ajit Singh said on March 7. The turnaround plan of Air India of which AIE is a subsidiary, envisages increase in the fleet strength of AIE from the present 21 to 36 aircraft by March 2018, he told the Rajya Sabha.