Indian Oil Petronas’ (IPPL) LPG terminal project in Ennore, about 30 km from Chennai, will be completed in all respects by the first week of March and ready, mechanically, to receive the first consignment.Apart from bridging the imbalance in LPG demand-supply in Tamil Nadu.
Category: Aviation & Airports
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APSEZ to develop Kandla terminal
Adani Ports and Special Economic Zone (APSEZ) has received the letter of intent from the Kandla Port Trust (KPT) to set up a dry bulk terminal at the Kandla Port on BOT basis.The company has emerged as the highest bidder on revenue share basis and has been awarded the concession in a competitive bidding scenario.
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A real estate game
The progress of Indian airports from aero- to non-aero-heavy revenue model may happen sooner than we thought. On the one hand Indian airports that are finally looking world-class even lavish and opulent, some say while airlines are cutting themselves down to size and not thinking beyond low-cost.
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Meeting challenges of new era.
In the Indian aviation market, traffic figures continue to increase year on year.But with the increased penetration of the ‘low cost’ model, organisations in the sector are finding it hard to match their generated profits with the rise.As one of the most mathematical typologies, aviation space has long been associated with the efficient logistics of people in a rigorous and sequential fashion.
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There is no unpredictability in our regulation
What role does the regulator have to play in an environment where the airlines and the airports would all like to raise tariffs and expand business? Yashwant Bhave, Chairman, Airport Economic Regulatory Authority of India (AERA),explains how his team determines tariffs and development fees, and why it is fair on everybody.
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Infrastructure status for airports sought
ASSOCHAM called for granting infrastructure status to airports by the government, besides classifying aviation turbine fuel (ATF) and cement as declared goods to bring a uniform tariff structure across the country.
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Plan Panel expects 30 airports in 5 years
The Planning Commission expects that India may require 30 functional airports within the next five years. The CommiÂssion expects passeÂnger terminal capacity in most of the airports to be between 230-240 million in the current year.
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Delhi airport to have BRT corridor
After the Metro and innÂumerable flyovers, it’s the turn of the bus rapid transit (BRT) corridor to make an appearaÂnce at the airport. A 25-km long streÂtch, the new BRT will boast of segregated lanes
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Punj Lloyd bags GMR project
Punj Lloyd has bagged a project worth Rs 1,050 crore from GMR Projects. Punj Lloyd will undertake the design, engineering, procurement and construction of 124 km of the six-lane Chittorgarh bypass to Udaipur (Rajasthan).
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Waterway to link Kochi and airport
In a bid to ease the traffic congestion in Kochi, the district administration has come up with an ambitious plan for setting up a Kochi-Nedumbassery waterway project.The project is envisaged as part of the plans to develop waterways in the city, according to the district officials.