Tag: Airports Authority of India

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AAI’s plea to Govt for Rs 3,000 cr bond issue

AAI’s plea to Govt for Rs 3,000 cr bond issue

With an objective to finance modernisation of non-metro airports, State-run Airports Authority of India (AAI) on October 31 said that it will soon approach the Union Finance Ministry afresh with the proposal to raise funds through a Rs 3,000-crore infrastructure bonds.

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Do security issues warrant a new policy?

Do security issues warrant a new policy?

In an era of greater private participation in infrastructure, the liberalisation of airport infra has been the most guarded so far. The example in the limelight is the new Ground Handling Policy this year, which limits competition to only three options among vendors.

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Rs 200 cr for Chakan airport

Rs 200 cr for Chakan airport

The Union ministry of civil aviation has sanctioned Rs 200 crore for Chakan International Airport in Pune district, which will now come up on a 700-hectare site adjacent to the one earlier proposed.