The Railways has sizeable capex plans for the five year period 2015-19 involving a capital outlay of Rs.8.56 trillion. The annual capital outlay for FY2016-18 was increased significantly to meet the five-year targets. NITI Aayog has also finalised the three year action agenda (2018-20).
GMR Group-led Delhi International Airport has announced that Indira Gandhi International Airport (IGIA) has become the worldÂ’s second-best airport in the largest airport category Â— with passenger capacity of over 40 million passengers per annum (MPPA) Â— as per the Airports Council International (ACI) ASQ 2016 rankings.
The City and Industrial and Development Corporation (CIDCO) has extended the deadline for submission of Navi Mumbai airport project bids by a fortnight after it attracted only one bidder Â— GVK group. GVK will also have an opportunity to revise its offer if it so wishes.
GMR Energy Limited (GEL), a subsidiary of GMR Infrastructure Limited (GIL), has entered into definitive agreements with Adani Transmission Limited (ATL), wherein GEL has agr GMR Energy Limited (GEL), a subsidiary of GMR Infrastructure Limited (GIL), has entered into definitive agreements with Adani Transmission Limited (ATL), wherein GEL has agreed to transfer the interest in its transmission projects - Maru Transmission Services Limited (MTSL) and Aravali Transmission Services Limited (ATSL) -