True wealth to the nation is generated only when the land is put to productive use. Long-term land lease over land acquisition can accelerate the investment cycle in India.
Category: Aviation & Airports
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Delay in Chennai, Kolkata airports modernisation
The government has extended for the second straight time the last date for submission of requests from private parties for operation, management and development
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MoEF keen to give forest land to AAI: Javadekar
Union Environment and Forest Minister Prakash Javadekar said his ministry was keen to hand over the forest land to the Airports Authority of India (AAI)
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Kakinada SEZ to turn into Chinese hub
Kakinada SEZ, a subsidiary of GMR Infrastructure will turn into a Chinese manufacturing hub sprawled across 2,000 acre
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SPV for greenfield airport at Bhogapuram
A special purpose vehicle (SPV) has been formed for the development of the proposed greenfield airport
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UPA´s low-cost airport project on hold
The National Democratic Alliance (NDA) Government has decided to put on hold the previous once ambitious plan of developing low-cost airports in non-metro cities.
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Kolhapur airport gains speed
The Airport Authority of India (AAI), which has planned to spend Rs 100 crore in the first phase of Kolhapur airport.
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Coimbatore Airport to get infra boost
The Coimbatore International Airport is all set to get infrastructure and passenger amenities worth more than Rs 14.5 crore this year. This includes two new aerobridges, two more aprons for parking aircrafts and a lift at the departure area.
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All permissions in place for Navi Mumbai airport
All Central Government permissions for the Navi Mumbai International Airport have been granted, Chief Secretary Swadhin Kshatriya said. Seven permissions, from the environment and civil aviation ministries were received last month, a day before Prime Minister Narendra Modi´s countrywide video-conference with chief secretaries.
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Private players to spend Rs.1,839 cr on four airports
Successful bidders for developing Chennai, Kolkata and two other domestic airports, through public private partnerships, should spend at least Rs 1,839 crore towards mandatory capital works at these locations