The Airports Authority of India (AAI) has extended the deadline for short-listing operators for Chennai and Kolkata airports, hence privatisation of the two key airports will be delayed, say media reports.
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Hindalco to be a force for good with engineered solutions transformation: Kumarmangalam Birla
HSR Needs Fast Tracking
RECPDCL Handovers Ratle Kiru Power Transmission Limited, a SPV of Transmission Project, to IndiGrid 2 Private Limited
RECPDCL Handovers 3 Nos. SPVs of transmission projects viz. Banaskantha Transco Limited, Kurnool-IV Transmission Limited & Rajasthan V Power Transmission Limited to Power Grid Corporation of India Limited
Showcasing India’s Supply Chain Revolution
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Driving Sustainability Through Innovation
REC Signs ₹18,360 Cr MoU with Govt. of Kerala for Pump Storage Projects
IIFCL Launches its Gender Equality and Social Inclusion (GESI) Cell on the occasion of International Women’s Day 2025.
IIFCL and CBI Sign Expression of Interest to promote Sustainable Infrastructure Financing in India
CCI India presents 1st edition of CEO Round Table Conference on Agriculture
Jayesh Ranjan & Cement Expo Forum Leaders converge in Hyderabad
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NBCC inks MoU with NIT Kurukshetra valuing Rs. 300 Crore
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Integrated Exhibition Cum Convention Centre (IECC), better known as Bharat Mandapam, achieves prestigious GRIHA 4-Star Rating
REC Limited Signs Agreement with CVPPL, to provide ₹2147.508 Crore Term Loan to Develop 1000MW Pakal Dul Hydro Electric Project
NBCC Reports Robust 40% Surge in Net Profit
The time to invest in India’s energy sector is now, says PM Modi
Vasan visits Japan to promote Indian ports
To discuss about increased utilisation of Indian ports, especially Chennai and Ennore, by Japan's business companies, the Union Shipping Minister GK Vasan, along with a delegation, is to discuss with the Japanese government and business community there. Vasan is scheduled to be in Japan from November 7 to 12 at the invitation of Akihiro Ohta, Japan Minister of Land, Infrastructure Transport and Tourism.
Israel Ambassador visits IDE plant
During his recent visit to Chennai, Ambassador of Israel Alon Ushpiz took a visit to IDE´s 100 million liters per day (MLD) Nemelli desalination plant. The plant, designed by MECON, was built by IDE Technologies (Israel) together with local Indian partner on EPC basis with a seven years operation and maintenance contract awarded by end client CMWSSB to IDE consortium.
Rs 43 cr allotted for widening Chennai road stretch
In Chennai, Rs 43 crore has been allotted by the Tamil Nadu government for widening a small stretch of Grand Southern Trunk Road in Irumbuliyur, Tambaram. Lot of mishaps have taken place on the stretch. A Government Order to this effect from the Highways and Minor Ports Department was passed earlier this month.
Chennai firm to start cruise liner from Mumbai
Using Mumbai as a home port, a cruise liner service will be started by a Chennai-based company Newport Maritime by next year. Newport Maritime, founded by Sivakumar Elayathamby Sinnarajah, a person of Sri Lankan origin and a US citizen, plans to invest $400 million over five years to run the service with two used luxury cruise ships.
AAI offers 30-year contract of Chennai, Lucknow airports
As part of privatisation, the Airports Authority of India (AAI) is offering a 30-year contract for Chennai and Lucknow airports. The privatisation is to be extended to Ahmedabad, Jaipur and Guwahati airports. The Union Civil Aviation Ministry said that eleven firms have shown interest to take up maintenance of the airports.
TN likely to get Rs 8,583 cr for road works
The Tamil Nadu government is likely to get Rs 8,583 crore for various road projects of 1,678 km of length. The road works are expected to commence from next year, Rajeev Ranjan, Principal Secretary, Highways and Minor Ports, said in Chennai on October 7.
Port operation -The efficiency factor
Slow evacuation of cargo from ports is only one of many operational hiccups that Indian ports are up against. Unsurprisingly, a majority of Indian ports have not invested sufficiently in mechanised material handling like its global peers.
Pvt firms to invest Rs. 4,250 cr in 6 airports
Private companies are likely to invest Rs 4,250 crore in airports at Chennai, Lucknow, Kolkata, Ahmedabad, Guwahati and Jaipur. The Union government has identified these airports for privatisation in the current financial year.
Tatas race for Chennai, Kolkata airport projects
Tata Group is likely to bid for 100 per cent stake in two airport projects Chennai and Kolkata airports.