A new terminal will be constructed at Leh airport with an investment of around Rs.200 crore which will increase the passenger handling capacity. With the new terminal, the peak hour passenger capacity is expected to go up to 800 from current level of 250.
Author: admin (Infratructure Today)
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Brookfield to buy out RInfra´ road assets
Brookfield, the world´s second biggest manager of alternative assets like real estate and private equity from Canada, has emerged as the frontrunner to take over the entire portfolio of 11 road projects of Reliance Infrastructure for an enterprise value of Rs.8,000 crore.
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Rs.300 cr more for civic infrastructure work in Chennai
The Tamil Nadu govern-¡ment has allocated Rs.300 crore towards the Chennai Mega City Development Mission (CMCDM) in the revised budget estimate presented in the assembly. This is in addition to the Rs.500 crore already pledged in the 2016-17 interim budget in February.
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IMC gets Rs.248 cr for Smart City project
Indore Municipal Corporation (IMC) has received an amount of Rs.248 crore, so far, from Central and state governments under Smart City project, whereas it has contributed Rs.200 crore from its side to the project this fiscal.
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Promoters to invest Rs.234 cr in AirAsia
The promoters of AirAsia India will infuse Rs.234 crore in the airline as it plans to grow its domestic footprint and prepares for foreign flights.
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French loan of Rs.2,000 crore for Puducherry infra
Puducherry Chief Minister V Narayanasamy has said that The Agence Francaise Developpement (AFD), a public financial institution in France would extend assistance of over Rs.2,000 crore for developing infrastructure in the Union Territory.
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Unit 1 of Parbati-III power station restored: NHPC
State-owned NHPC announced that Unit 1 of Parbati-III power station, which was shut down since March 28, 2015, has been restored. Located in Kullu district of Himachal Pradesh, the power station is a run-of-the-river scheme whose design discharge includes the diversion of the tail race releases of Parbati Stage-II Power house as well as inflows from river Sainj and Jiwa nallah.
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TTPS Unit III resumes
Unit III of Tuticorin Thermal Power Station (TTPS), has resumed production after overhauling. Prior to resumption of production, safety valve floating test and other mandatory checks were carried out.
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India´s Ease of Electricity rank jumped 29 points
India ranks 70 among 189 economies on ease of getting electricity due to positive reforms that have aided ease of doing business in the country, according to a latest report by The World Bank. India has jumped by a whopping 29 points from 99 last year, the report said.
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Power crisis hits Bihar
Major parts of Bihar have been reeling under acute power crisis, as two power plants - Kanti Bijli Utpadan Nigam Limited (unit-1) in Muzaffarpur and NTPC´s Kahalgaon Super Thermal Power Plant (unit-5) in Bhagalpur - suspended operations due to technical reasons.