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Idukki airport project gets nod from defence ministry

Idukki airport project gets nod from defence ministry

Union Ministry of Defence has given in principal clearance for the proposed feeder airport in Idukki district. Kerala State Industries Development Corporation (KSIDC) informed this in the document inviting expression of interest for the project. In this manner, ball has been set rolling for the development of a proposed feeder airport in the hilly district in central

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Landed in trouble

Landed in trouble

GMR entered the Maldives after realising the lack of potential in India for large airport projects. The relatively new global infrastructure is reportedly not insured against political risk—only to find itself stranded after a government change in that country.Pro China sentiments along with commercial disputes used by some extremists and political parties in Maldives have provoked anti-India sentiments which resulted in GMR’s Male airport confl ict.

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GMR says bad times are over for its airport biz

GMR says bad times are over for its airport biz

In this fiscal, GMR Infrastructure is hopeful of registering decent growth in its airport vertical. The company which operates in three business segments including power, roads and airport incurred a loss of Rs 179 crore in the September quarter, up around four fold, YoY due to poor show from its power and airport segments.

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New airport in Jharkhand

New airport in Jharkhand

Arjun Munda, Chief Minister of Jharkhand laid the foundation stone for construction of an international airport at Deoghar. The airport will be developed in two years in phases.

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Elevated rail corridor

Elevated rail corridor

The Maharashtra government has asked the Railways to formulate a plan for an elevated corridor on the Harbour line, connecting south Mumbai to the upcoming international air­port in Navi Mumbai.