Category: Aviation & Airports

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Take off issues

Take off issues

Regional airports face peculiar problems and require solutions tailored to enhance their economics. There is a need for a multipronged approach to address issues affecting the economies of these airports,

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GMR bags its maiden railway project

GMR bags its maiden railway project

A consortium led by GMR Infrastructure has won its maiden railway project. The Rs 267 crore projects involve construction of rail line doubling between Jhansi and Bhimsen stations in Uttar Pradesh. GMR is the lead member of the consortium with Tata Projects and Kalindee Rail Nirman as the partner for OHE and track works, S&T works respectively. The project is scheduled to commence from 2 April 2014.

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AERA abolishes UDF at Hyd Airport

AERA abolishes UDF at Hyd Airport

The Airports Economic Regulatory Authority (AERA) abolished the user development fee (UDF) at the Hyderabad airport. AERA concluded the decision after considering various aspects of the airport´s operations, including the investments made by the airport operator, land allocation, traffic trends and earnings. As a result, the cost of flying at Rajiv Gandhi International Airport Hyderabad will be cheaper from 1 April 2014 till 31 March 2016 for both domestic and inter-¡national embarking passenger

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GMR completes divestment of GUEPL

GMR completes divestment of GUEPL

The GMR Group has announced the successful completion of the divestment of its majority stake (74 per cent) in GMR Ulundurpet Expressways Private Limited (GUEPL) to India Infrastructure Fund (IIF). IIF has earlier emerged as the successful bidder in buying majority stake in GUEPL, which attracted strong interest from several major investors in India and abroad. GMR and IIF had signed a definitive agreement on 17 September 2013 and the transaction was concluded on 17 February 2014, upon receipt o

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Advanced airport roofing solutions

Advanced airport roofing solutions

Tata BlueScope Building Products, a business division of Tata BlueScope Steel, caters to the infrastructure, industrial, commercial and solar segments with its LYSAGHT® range of roof and wall cladding profiles and structural products.