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Govt to set up 17 airports in 12th plan

Govt to set up 17 airports in 12th plan

In the 12th five-year plan period (2012-17), union government plans to set up 17 airports. Specifically, the government plans to build airports in Gulbarga, Bijapur, Hassan, Shimoga, Aranmula, Kannur, Karaikal. In addition, three new airports are planned in Maharashtra, including one each at Sindhudurg and Navi Mumb

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Govt to set up SPV for manufacturing advanced aircrafts

Govt to set up SPV for manufacturing advanced aircrafts

A High-Level Committee, headed by Prime Minister Manmohan Singh decided to set up a Special Purpose Vehicle (SPV) for development and production of a civilian aircraft, of a 70-100 seater range. According to the proposal, the proposed SPV would gain design capabilities from National Aerospace Laboratories (NAL), Hindustan Aeronautics Limited (HAL) and other institutions in

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Govt to implement 8 airport projects in 2013

Govt to implement 8 airport projects in 2013

Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun

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Govt to implement 8 airport projects in 2013

Govt to implement 8 airport projects in 2013

Eight airports would be set up in 2013 in tier II and tier III towns across the country by the Airport Authority of India (AAI) in partnership with private sector and the state governments, reports indicate. These eight projects are part of the government's plan to set up nearly 50 airports in tier II and tier III towns across the country in the coming years. Industry watchers welcomed the move by the government to set up airports in small towns across the coun

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AAI set to get land for two airport expansion projects

AAI set to get land for two airport expansion projects

According to media reports, the Tamil Nadu government is set to handover land for the expansion of Madurai and Tuticorin airports to the Airports Authority of India (AAI). For the Madurai airport project, the state government is set to issue acquisition notification, while for the Tuticorin project, the process of issuing acquisition notification would be completed soon, reports indic

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Govt to upgrade Juhu airport for Rs 20 bn

Govt to upgrade Juhu airport for Rs 20 bn

Media reports indicate that the union government approved a Rs 2,000 crore project to extend the runway of Juhu airport in Mumbai by 650 metre into the sea. The project, which is part of the overall plan to redevelop the airport, is intended to begin operation of private jet and small turboprop and ATR in

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ADB commits $10 bn for projects in India

ADB commits $10 bn for projects in India

Takehiko Nakao, the new President of the Asian Development Bank (ADB) informed that the multilateral lending agency would maintain its annual lending at $10 billion (Rs 54,000 crore) to India over the next three years. He said this to media persons at the end of the ADB's 46th annual meeting in New Delhi. He also informed that the bank was facing resource constraints and it wou

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Aranmula airport project gets green nod

Aranmula airport project gets green nod

KGS Aranmula International Airport, which is building a Rs 2,000-crore green field airport at Pathanamthitta in Kerala, may restart construction work on the project following the verdict of the National Green Tribunal, Chennai. The tribunal dismissed a petition challenging various decisions related to the project. The decision includes indu