A fresh offer has been said to be offered by GMR Infrastructure for restarting work on India's largest road project, the 555-km-long Kishangarh-Udaipur-Ahmedabad highway. The company has told the Road Transport Ministry that it will provide a corporate guarantee of Rs 4,256 crore in exchange for reduction in the annual upfront payment.
Category: Aviation & Airports
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Odisha govt for upgradation of Jeypore airport
The Odisha government has asked Koraput district administration to identify a single patch of 310 acre near the existing airstrip at Jeypore in the district to upgrade it into an airport. In a letter sent to the district administration recently, the government said the required land should be without any natural barrier for further expansion of the project and have good road communication.
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Gannavaram Airport project in AP faces hurdles
Airports Authority of India and the Andhra Pradesh Government entered into a memorandum of understanding in 2007 for the expansion of Gannavaram Airport in Vijayawada, but chances of the MoU turning into reality are bleak in near future.
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CMRL to set up airport check-ins at its Central stn itself
The Chennai Metro Rail (CMRL) proposes to introduce airport check-in facility at its Chennai Central station. An official with CMRL said that flyers who wish to take the Metro to reach the airport can opt to complete check-in procedures and collect the boarding pass at Chennai Central metro station itself.
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New regulator to replace DGCA
The Union government is planning a new aviation regulator to replace the present Directorate General of Civil Aviation (DGCA). To facilitate formation of the new aviation regulator a bill is likely to be tabled in the Parliament in the next part of the Budget Session starting later this month.
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L&T to construct Abu Dhabi Airport’s terminal complex
L&T Construction is to commence work on an airport terminal project in Abu Dhabi this month. The construction period of the project is 28 months. The terminal complex is expected to be commissioned by 2017, said a statement from the firm. L&T has secured the project for $256.77 million.
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Megawide, GMR may bid for Philippines airport project
For development of Mactan-Cebu International Airport (MCIA) in Philippines, a southeast Asian country, Megawide Construction Corp has reached an understanding with Indian infrastructure developer GMR Group. According to a recent filing by Megawide with the Philippines Stock Exchange, the tie-up between both the companies will come through only when the airport contract is awarded to them.
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AAI team inspects new terminal at Kolkata airport
The new integrated terminal at Kolkata airport on April 4 was inspected by four officials from Airports Authority of India's planning department. The move follows complaints about the terminal's built quality and service by both passengers and MPs Derek O'Brien, Saugata Roy and Gurudas Dasgupta since it was commissioned three weeks ago.
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Tiruchi Airport achieves 44% growth in cargo services
During 2012-13, cargo exports from Tiruchi Airport have registered 44 per cent growth. The cargo terminal has also registered a new high by handling 395 tonne of international cargo during March, the highest ever for the airport so far. The previous high was 313 tonnes handled in January early this year.
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‘India remained weakest domestic aviation market in Feb’
According to International Air Transport Association (IATA), India continues to remain the weakest performing domestic aviation market in the world. The IATA on April 3 released global data for the month of February and the drop in domestic air travel demand was weakest in India where traffic fell by 9 per cent, even as the average for the month for all countries was a rise of 3.9 per cent.