GMR Airports Limited (GAL), a subsidiary of GMR Infrastructure Limited, has won the international competitive bid for development and operation of Mopa Greenfield Airport in north Goa. The concession period for the greenfield project will be 40 years with a possible extension of another 20 years through a bid process. The airport will be built under the BOT (Build-Operate-Transfer) model.
Author: admin (Infratructure Today)
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HDFC raises Rs 500 crore via masala bonds
Mortgage lender HDFC has said that it has raised Rs 500 crore through rupee-denominated bonds from overseas investors. “The corporation has completed the fourth issue of rupee denominated-bonds to overseas investors of issue size Rs 500 crore,” HDFC said in a regulatory filing to stock exchanges.
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Cargo traffic at Major Ports grows by 5.2percent
Major Ports in India handled 315.4 MT of cargo during the first six months of FY2016-17 (April-September) and showed a positive growth of 5.1 per cent as compared to the same period last year. The cargo traffic handled by the Major Ports during the same period last year was 299.5 MT. This improvement of performance is the result of many measures initiated by the Ministry of Shipping to improve the performance of the ports.
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INFRASTRUCTURE CONCLAVE 2016 – ACCELERATED GROWTH WITH INCLUSION AND EQUITY
Roads, Ports & Other Infrastructure Committee and Hydrocarbons Committee of PHD Chamber of Commerce & Industry organised the “Infrastructure Conclave 2016 – Accelerated Growth with Inclusion & Equity” on 5th October 2016 at PHD House, New Delhi which was attended by more than 130 delegates and 27 speakers from Industry, government and other stakeholders during the full day event.
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Railway stations to be redeveloped on Smart City lines
In a major initiative, railway stations and adjoining areas will be redeveloped on ‘Smart City lines’ for enhancing passenger amenities, easy access to stations and enabling optimal utilisation of land at railway stations.
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Rooftop solar capacity doubles in a year
IndiaÂ’s rooftop solar programme seems to have finally taken off, with the country adding 513 MW of fresh capacity in the past 12 months, or more than what it had a year ago.
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Gadkari | Inland waterways a game changer in national connectivity
While addressing the Regional Editors Conference in Chandigarh, the Minister for Road Transport Highways & Shipping, Nitin Gadkari, gave an overview of his ministryÂ’s achievements as well as plans for future growth.
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India to set up logistic hubs near sea ports
The Indian government is setting up logistic hubs near sea ports with private sector participation to address several challenges related to receiving shipments and also inland transportation of goods. The government is also trying to make electronic data interchanges at major ports that are completely under the control of the Central government.
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Road construction pace set to double by FY18 | Crisil
Various reforms initiated by the government to ensure speedy approvals and clearances aided the pace of construction of roads, which improved 40 per cent from an average 4.3 km per day in FY2014-15 to 6 km in FY2015-16 and is likely to reach 11 km by FY2018, says Crisil.
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KONE wins order to equip Lusail Light Rail Transit System in Doha
KONE, a global leader in the elevator and escalator industry, has won an order for 139 elevators, escalators and autowalks to be installed at the Lusail Light Rail Transit system , a railway transportation project currently under construction in the new city of Lusail, north of Doha, Qatar. Developed by Qatar Rail, the new sustainable transport system is expected to accommodate the 250,000 inhabitants of Lusail and serve around 40,000 daily visitors.