The City and Industrial Development Corporation of Maharashtra (CIDCO) floated a global tender for the Rs 9,500-crore Navi Mumbai International Airport (NMIA) project. The tender invites applicants to pre-qualify them for the bidding stage.
Category: Aviation & Airports
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Madurai airport to begin cargo operations
Madurai airport may begin operation of its cargo lifting facility by the end of this month, according to sources. Though it was declared as a customs airport three years ago, the airlines could not lift cargo without custodianship facilities and they were merely processing passenger luggage. Airport director, K Sangiah Pandian said that work is proceeding on a fast pace and they may start cargo lifting anytime this month.
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Qatar Airways freight services to Hyderabad
Qatar Airways Cargo is set to begin a dedicated freight service from the Rajiv Gandhi International Airport at Hyderabad from April.
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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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Refurbishing Heathrow Airport Terminal 1
Refurbishing Heathrow Airport Terminal 1, on time, on budget, with no disruptions to travelling public was a difficult task. A case study on the project.
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Airports Authority will safeguard its employees interest
Alok Sinha, the newly appointed Chairman of Airports Authority of India (AAI), in conversation with Garima Pant says a private player has more freedom to exploit the non-aeronautical resources and provide better services.
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Paradigm shift in procurement process
The Indian aviation market has been witnessing significant growth in the last few years. Currently the ninth largest aviation market, handling 121 million domestic and 41 million international passengers,
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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
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
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