The Indian Railways started work on the Rs 1,500 crore project in Andhra Pradesh. The project, which involves doubling or electrification, is spread over 221 km covering 51 railway stations. It would cover Vijayawada-Gudivada-Machilipatnam, Gudivada-Bhimavaram, Narsapur-Bhimavaram-Nidadavolu secti
Author: admin (Infratructure Today)
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AirAsia likely to entrust its India operations to Kathleen Tan
Malaysian budget carrier AirAsia, which has six airlines under its fold, will be banking heavily on a woman to ensure the success of its impending India launch. Tony Fernandes, founder of AirAsia is said to have great confidence on Kathleen Tan, 52, his decade-old associate at AirAsia, to build the India travel market, just as she did for the airline in China. Tan is known as his 'right hand' in aviation circles and was the airline's former commercial head.
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AAI, RIL to form JV for jet fuel supply
To supply jet fuel to carriers at reduced prices, Airports Authority of India (AAI) will form a joint venture (JV) with local airlines and oil companies and Reliance Industries (RIL) will be a part of it, AAI's Chairman VP Agrawal said on April 16. The Airports Authority of India will own a 13 per cent stake in the JV and the rest will be held by oil companies and airlines, he said.
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AI gives 1st priority to PSUs to lease its real estate assets
Air India is to give preference to State-owned enterprises to lease its 1.7-lakh sq ft office in central Delhi's Baba Kharak Singh Marg. AI's decision is part of its programme to monetise real estate assets. The loss-making and debt laden airline had decided in February to monetise its properties spread over India and various parts of the world over the next three years to raise an estimated Rs 5,000 crore, kick starting the process with its city terminal office at Baba Kharak Singh Marg.
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Juhu residents oppose airport plans, may file PIL
In Mumbai, residents around Juhu airport oppose the Airport Authority of India's plan to develop the airport into a commercial airport that supports the operations of 20 ATR aircraft plus private jets. The residents now plan to meet the chief minister and civil aviation minister to present their objections.
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Jet wants to treble seats between India, Abu Dhabi
Jet Airways is pushing hard in favour of the Abu Dhabi government's demand to treble the number of seats flown between the two countries to over 40,000 per week from 13,300 at present. According to government sources, Abu Dhabi has asked for a huge revision in the number of seats used by airlines to fly between the two countries and the negotiations with the Indian government will take place next week in the Emirate.
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Biju Patnaik Airport wins best airport prize
Biju Patnaik Airport in Bhubaneswar has won the first prize after being adjudged the best airport in the country, airport sources said on April 16. Biju Patnaik Airport shared the first prize along with Jodhpur airport based on Customer Satisfaction Index (CSI) for 2012-13, the sources said.
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AP’s domestic airports ask for CISF security
With bare minimum security cover for domestic airports, sometimes as low as 15 security personnel for each airport, they are virtually sittings ducks in case of a terrorist attack. As the security at some domestic airports in the state is not foolproof, the Andhra Pradesh police have requested the Union government to provide Central Industrial Security Force (CISF) cover, a case in point being the recent terror strike at Dilsukhnagar.
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Tata Steel posts best output, sales performance in FY13
Production of hot metal and crude steel by Tata Steel expanded 14 per cent to 8.85 million tonne (mn t) and 8.13 mn t during 2012-13, the company said in a press release. During the year, the firm achieved 14 percent growth in the output of saleable steel at 7.94 mn t. The company posted 13 per cent growth in sales at 7.48 mn t
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RSP to complete expansion, modernisation project
Rourkela Steel Plant (RSP) may be able to increase its steel output as it is almost completing the Rs 12,000 crore expansion project, which would double its production capacity from 2 mn t to 4.5 mn tpa (million tonne per annum) of hot metal. The project would also increase its crude steel and saleable steel capacity. The company is also expected to commission the new 4,060 cubic metre blast furnace, large