For development of Mactan-Cebu International Airport (MCIA) in Philippines, a southeast Asian country, Megawide Construction Corp has reached an understanding with Indian infrastructure developer GMR Group. According to a recent filing by Megawide with the Philippines Stock Exchange, the tie-up between both the companies will come through only when the airport contract is awarded to them.
Author: admin (Infratructure Today)
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AAI team inspects new terminal at Kolkata airport
The new integrated terminal at Kolkata airport on April 4 was inspected by four officials from Airports Authority of India's planning department. The move follows complaints about the terminal's built quality and service by both passengers and MPs Derek O'Brien, Saugata Roy and Gurudas Dasgupta since it was commissioned three weeks ago.
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Tiruchi Airport achieves 44% growth in cargo services
During 2012-13, cargo exports from Tiruchi Airport have registered 44 per cent growth. The cargo terminal has also registered a new high by handling 395 tonne of international cargo during March, the highest ever for the airport so far. The previous high was 313 tonnes handled in January early this year.
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‘India remained weakest domestic aviation market in Feb’
According to International Air Transport Association (IATA), India continues to remain the weakest performing domestic aviation market in the world. The IATA on April 3 released global data for the month of February and the drop in domestic air travel demand was weakest in India where traffic fell by 9 per cent, even as the average for the month for all countries was a rise of 3.9 per cent.
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PM says govt takes steps to revive investment climate
Prime Minister, Manmohan Singh said the government was addressing many impediments affecting the implementation of infrastructure projects in order to revive the investment climate domestically. He said this during his address at the CII National Conference and Annual General Meeting, in
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Cement firms bet big on govt projects ahead of election
Some industry players and analysts feel that demand for cement may rise in the coming months as government expedite key construction projects ahead of Lok Sabha election. VP Sharma, Chief Operating Officer of Dalmia Cement said the oversupply situation still persists but since elections are next year, a slew of measures by the government may turn
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Haryana govt may explore legal option against CEA order
The order of the Central Electricity Regulatory Commission (CERC) allowing Adani Power to charge "compensatory" tariffs for electricity from its Mundra plant has not gone down well with Haryana government. The state government plans to take legal action against the CERC order as it feels that the order violates the p
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Maharashtra govt to clear metro project for Pune
Maharashtra Chief Minister Prithviraj Chavan informed the state legislature that his cabinet would clear the metro project for Pune this month and send a report on the project to the union government for final approval by the end of this month. Once the central government approves the project, the state government may sanction funds. It may be recalled that state government agreed to provide funds for t
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Govt seeks TDR to complete waterways projects
The Water Resources Department of Tamil Nadu government is seeking from the Chennai Metropolitan Development Authority (CMDA) for its project to improve Veerangal Odai, a surplus course in south Chennai. The department requested CMDA to issue TDRs to complete the project in the remaining stretch of 650 metre. The project is being implemented under
JNNU
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Work on channel deepening at PPT nears completion
The work on deepening of the channel at Paradip Port Trust (PPT) in Odisha is approaching completion, the port authority informed through its official website. After completion of this project, the entrance channel will have a depth of 17.1 metre (m) and approach channel will have a depth of 18.7 m to handle vessels up to 125,000 DWT.