To invest in the road assets of Bangalore-based diversified conglomerate GMR Group, Malaysian sovereign fund Khazanah and SBI Macquarie have emerged as potential investors.
Category: Aviation & Airports
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Centre plans to develop Jhansi Airport
In order to promote tourism and thus the economic and social development of Bundelkhand, union government plans to develop Jhansi airport for civil oper
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Govt told to file documents on land allotment to DIAL
The Delhi High Court, hearing a petition alleging land allotment at a throwaway price to private operator Delhi International Airport (DIAL) for the Indira Gandhi International Airport in Delhi on October 31 asked the Union Government to submit documents related to the allotment of land.
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Essel Infra ties-up with US firm for airports work
Expressing interest in the upcoming Navi Mumbai and Goa airports Subhash Chandra-led Essel Infraprojects has tied up with ADC&HAS Airports Worldwide, the US-based company that runs airports in Ecuador, Costa Rica and Korea.
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Panel for airport tariffs
After three major domestic airports in the country proposed a steep hike in user charges, an inter-ministerial panel has called for a fresh approach to setting airport tariffs. The proposed airport user charges have threatened to push up airfares further. The airport financing task force, chaired by Planning Commission member BK Chaturvedi,
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Airport Express shut down despite best technologies available
Delhi Metro Airport line’s recent and ongoing shutdown has raised several questions on whether the right technology and equipment is being used in our rail and metro rail systems.
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Panel to discuss issues
Andhra Pradesh government decided to set up a joint action committee (JAC) to discuss the hurdle in setting up a major port along with a shipyard at Nakkapal.
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Rs 200 cr for Pune airport
The Maharashtra government decided to set aside Rs 200 crore for the proposed international airport at Rajgurunagar in Pune district.
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Rs 80 cr for AP airport
For development of Rajahmundry Airport, the Andhra Pradesh Chief Minister N Kiran Kumar Reddy ordered administrative sanction of an additional amount of Rs 80 crore towards the land acquisition.
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GVK's rail project
GVK Group has tied up 75 per cent of land for the rail corridor of the $10-billion Alpha Coal Project in Australia and it expects to buy the balance 25 per cent land in the next one or two months.