Although a few airport projects were completed last year, most were by AAI. The tremendous pressure on the existing airport infrastructure is a reason why more private participation is needed,
Category: Aviation & Airports
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Govt allows FDI FOR GMR
The Cabinet Committee on Economic Affairs has cleared GMR Airports Holdings' proposal to raise further foreign investment of $200 million from Mauritius-based entities.
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Bangalore airport expansion starts this month
Bangalore airport's expansion of its passenger terminal building will begin this month and is expected to be complete by December 2012.
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NE to be better connected
The Ministry of Civil Aviation will introduce more flights to the Lilabari and Tezpur Airports in Assam, which are within the vicinity of Itanagar, the state capital of Arunachal Pradesh.
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Aerotropolis to be ready next year
Bengal Aerotropolis Projects Ltd (BAPL), the company building India's first aerotropolis, is confident of commencing operations by July 2012.
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GMR Airports gets breather
Bangalore-based GMR Group, which has been battling a high debt of around Rs 15,300 crore is all set to raise approximately Rs 645 crore from three private equity (PE) firms.
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MIAL control tower next yr
Mumbai International Airport (MIAL) is building a new ATC tower and that will be completed by December this year.
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Rush for Guj port
Eighteen companies have qualified to bid for developing a Rs 1,750 crore port at Nargol in south Gujarat.
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Rush for Guj port
Eighteen companies have qualified to bid for developing a Rs 1,750 crore port at Nargol in south Gujarat.
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Elevated
The Board of Directors of Larsen & Toubro (L&T) recently approved the elevation of SN Subrahmanyan as a Whole-time Director, with effect from 1 July.