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Private players should infuse Rs.50,000 cr

Private players should infuse Rs.50,000 cr

At present, the financial status of the aviation industry is not sound. We have to recognize the potential of the industry. India can be a proposed hub. In global aviation ranking, the Indian aviation sector stands at ninth position.

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RFQ for Mopa airport finalised

RFQ for Mopa airport finalised

The request for quotation (RFQ) for the proposed international airport in North Goa´s Mopa village has been finalised by a steering committee led by Chief Minister Manohar Parrikar.

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CIDCO to extend deadline to respond to RFQs

CIDCO to extend deadline to respond to RFQs

CIDCO, the nodal body overseeing the planned Navi Mumbai airport project, plans to extend the time for companies to respond to the request for qualifications (RFQs) for the project by more than a month. The date has been extended to 30 July from 18 June.

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We have offered the best package for PAPs

We have offered the best package for PAPs

The ambitious Navi Mumbai International Airport worth Rs 14,500 crore, to be developed on a 1,160 hectare plot, will be built in four phases. Elaborating on the plans, Sanjay Bhatia, Vice Chairman and MD, City and Industrial Development Corporation (CIDCO)

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Measures to develop ports

Measures to develop ports

Allowing FDI up to 100 per cent under the automatic route for port development projects and income tax incentives are among the steps being taken by the government for capacity expansion of ports, the government has said. Other measures include standardising the bidding documents like RFQ, RFP and Concession Agreement, enhanced delegation of financial powers to Shipping Ministry to accord investment approval for PPP projects, streamlining of security clearance procedures etc.