To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
Author: admin (Infratructure Today)
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Chennai port parking yard
To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
Post
Chennai port parking yard
To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
Post
Chennai port parking yard
To ease traffic congestion the Chennai Port Trust (ChPT) will operate a parking yard at Tiruvottiyur in north Chennai. First the container trucks will have to visit the yard, get all documents verified and proceed to the port. This procedure will prevent vehicles waiting at Ennore Expressway from holding up traffic.
Post
GVK ties-up for Java airport project
To build a second airport in Yogyakarta of Java city in Indonesia, GVK Power & Infrastructure is joining hands with the Indonesia´s State-owned infrastructure firm PT Angkasa Pura I. Angkasa Pura will fund the project through loans or equity. GVK, the Indian infrastructure major and the first foreign firm allowed to own a stake in an Indonesian airport, will have a major share in the $700 million project.
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GVK ties-up for Java airport project
To build a second airport in Yogyakarta of Java city in Indonesia, GVK Power & Infrastructure is joining hands with the Indonesia´s State-owned infrastructure firm PT Angkasa Pura I. Angkasa Pura will fund the project through loans or equity. GVK, the Indian infrastructure major and the first foreign firm allowed to own a stake in an Indonesian airport, will have a major share in the $700 million project.
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AAI eyes Rs.1,500 cr profit this fiscal
After the Airports Economic Regulatory Authority (AERA) revised the airport tariffs, the Airports Authority of India (AAI) is expecting a net profit of Rs 1,500 crore this fiscal on account of increase in revenue.
AAI said that it expects to earn a net profit of Rs 1,500 crore as it has seen improvement because of new increased tariff regime of AERA. AAI claimed that the State-run airport operator would not lose any revenue on account of privatisation of six airports, including Kolkata and Chen
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Belgaum airport upgrade
Belgaum airport in Karnataka is set to be upgraded. The existing runway in the airport will be extended to 1,830 m. The Union government has granted Rs 293 crore for the airport upgradation work. To make way for ATR-72 flights, the airport will be upgraded. ATR-72 flight has a capacity to accommodate 78 passengers and once the runway is stretched, more flights can be introduced from Belgaum.
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GVK, Aurizon tie-up
To develop a rail line and a new coal terminal jointly in Australia, GVK Coal Infrastructure (Singapore) Pte Ltd (GVK Hancock) and Aurizon Holdings of Australia have reached an agreement. The two projects are to come up at the Abbot Point Port to unlock the Galilee Basin´s coal resources in Australia. The tie-up is intended to provide sufficient equity and debt funding, including through third party debt finance, for the projects to reach financial closure.
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GVK, Aurizon tie-up
To develop a rail line and a new coal terminal jointly in Australia, GVK Coal Infrastructure (Singapore) Pte Ltd (GVK Hancock) and Aurizon Holdings of Australia have reached an agreement. The two projects are to come up at the Abbot Point Port to unlock the Galilee Basin´s coal resources in Australia. The tie-up is intended to provide sufficient equity and debt funding, including through third party debt finance, for the projects to reach financial closure.