The National Highways Authority of India (NHAI) has served showcause notices for termination and debarment on GVK Transportation for failure to mobilise the needed money for the Rs 2,815-crore Shivpuri-Dewas project in Madhya Pradesh. The company was awarded the project in January 2012.
Category: Aviation & Airports
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CIDCO to extend deadline to respond to RFQs
CIDCO, the nodal body overseeing the planned Navi Mumbai airport project, plans to extend the time for companies to respond to the request for qualifications (RFQs) for the project by more than a month. The date has been extended to 30 July from 18 June.
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Aranmula airports green nod cancelled
The National Green Tribunal's verdict cancelling the environmental clearance given to the KGS Group to build the country's first private international airport at Aranmula is a huge setback for the company as well as Kerala government.
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Reforms for civil aviation sector
Modernisation of existing airports and development of low-cost airports to promote air connectivity, particularly to remote and regional areas, is expected to get a boost under the new government. This may include awarding management contracts at six major airports to private sector players and development of 50 low-cost airports on a fast-track basis.
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Enhancing air connectivity
The 4th International Exhibition & Conference on Civil Aviation, 'India Aviation 2014' discussed the huge untapped potential in the Indian aviation sector.
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GMR Infra gets Rs 1,740 cr from stake sale in Istanbul
GMR Infrastructure has received Rs 1,740 crore towards divestment of 40 per cent stake in Istanbul Sabiha Gokcen International Airport in favour of Malaysia Airport Holdings Berhad.
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Tata to bid for Navi Mumbai airport
Tata Realty and Infrastructure is preparing a possible joint venture with Heathrow Airport's biggest shareholder, Ferrovial SA of Spain, to bid for the Navi Mumbai airport project. Ferrovial SA is one of the worlIf approved,
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GMR to build airport in Philippines
GMR Infrastructure has made an upfront payment of 14.4 billion Philippine pesos (about $320 m) and signed the concession agreement to develop and operate the Mactan Cebu International Airport in the Philippines.
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MPRDC plans airport development in Singrauli
MP Road Development Corporation (MPRDC) plans to undertake development of airport and city side facilities in Singrauli District, Madhya Pradesh.
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UDAAN Art Festival
The UDAAN Art Festival got off to a rollicking start on 21 March 2014 at the Airports Authority of India Officers Institute (AAIOI) near Safdarjung Airport. The art festival was inaugurated by Alok Sinha, Chairman, AAI in the gracious presence of renowned artist Renuka Sondhi Gulati, senior photographer RK Paul, Director, PSA Membership: Indian Sub-Continent (Bangladesh/India/Sri Lanka).