Govt plans Rs 360 bn investment for greenfield airports
AVIATION & AIRPORTS

Govt plans Rs 360 bn investment for greenfield airports

The Ministry of Civil Aviation has planned Rs 360 bn investment for developing greenfield airports under the Public-Private Partnership (PPP) model. The PPP airports at Delhi, Hyderabad and Bengaluru are undertaking major expansion projects of around Rs 300 bn by 2025. The government has accorded in...

The Ministry of Civil Aviation has planned Rs 360 bn investment for developing greenfield airports under the Public-Private Partnership (PPP) model. The PPP airports at Delhi, Hyderabad and Bengaluru are undertaking major expansion projects of around Rs 300 bn by 2025. The government has accorded in-principle approval for developing 21 greenfield airports across India. There are five airports with table-top runways, including Calicut, Mangaluru, Shimla, Lengpui and Pakyong. There are 140 airports, heliports and water aerodromes in India, and 24 airports of the Airport Authority of India (AAI) are non-operational.

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Real Estate

CRDA Approves Rs 17.32 Bn Tenders for Housing and Infra

The Capital Region Development Authority (CRDA), during its forty-seventh meeting chaired by Chief Minister N. Chandrababu Naidu, approved tenders worth Rs 17.32 billion to develop key infrastructure in Amaravati’s core capital area.Municipal Administration and Urban Development Minister Ponguru Narayana announced that Rs 5.14 billion was sanctioned for completing gazetted officers’ towers initiated between 2014 and 2019. In addition, Rs 1.94 billion was approved for external infrastructure, Rs 5.07 billion for nine towers for non-gazetted employees, and Rs 5.17 billion for twelve new towe..

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Real Estate

Prestige Estates Nets Rs 30 Bn in NCR Debut Launch

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Infrastructure Transport

Palakkad Railway Division Upgrades Turnouts for Safety

The Southern Railway’s Palakkad Division has implemented a series of infrastructure upgrades to enhance train safety and operational efficiency. Over the past one year, the division has replaced one hundred thirty-three ageing fifty-two kilogram turnouts with robust sixty kilogram Thick Web Switches, engineered for high-speed durability and increased strength.Seventy-seven track layouts were corrected using advanced computer-based geometry solutions, involving precise longitudinal and lateral alignment with the aid of the T-28 Track Relaying Machine. These corrections improve track stability..

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