Ports / Airports / Waterways

ADB approves ₹1,066-cr for JNPT terminal upgrades

The Asian Development Bank (ADB) and Nhava Sheva Freeport Terminal Private Limited (NSFTPL) have signed a loan agreement worth USD 131 million (equivalent to ₹1,066 crore) to upgrade the Jawaharlal Nehru Port Container Terminal in Navi Mumbai

Kolkata Port expedites ₹17,000-cr Great Nicobar port project

The Kolkata Port has released an Expression of Interest (EoI) for the country's first mega container transhipment port to be built in a phased manner at Galathea Bay in the Great Nicobar Islands. The project is expected to involve an investment of ₹17,000

IIFCL approves ₹6,630-cr funding for new airport projects

The India Infrastructure Finance Company Limited (IIFCL) has recently approved funds of ₹6,630 crore for the construction and development of six major airports. Additionally, IIFCL has given preliminary approval of ₹638 crore for the development of a new

Adani Group completes $1.15 Billion acquisition of Haifa Port in Israel

Adani Group, a leading Indian conglomerate, along with its partners have completed the acquisition of Haifa Port, a major trade hub on the Mediterranean in northern Israel, for a total of 4 billion shekels ($1.15 billion), according to Israel's Finance Ministry. The sale, which

MoPSW lines up ₹22,900-cr projects in port sector

The Ministry of Ports, Shipping and Waterways (MoPSW) in India has announced plans to invest ₹22,900 crore in 44 projects under the public-private partnership (PPP) model by 2024-25. MoPSW has approved 22 projects under the National Monetization Pipeline

Kerala govt approves construction of greenfield airport in Sabarimala

The government of Kerala has approved the acquisition of over 1,000 hectares of land in Erumeli South and Manimala for the construction of a new airport in Sabarimala. The project will also involve the acquisition of an additional 370 acres outside the

Noida & Greater Noida authorities announce ₹1,812-cr funding for Jewar Airport

The Noida and Greater Noida Authorities have announced a funding injection of ₹1,812 crore for the construction of the Jewar International Airport in Uttar Pradesh, India. The Noida Authority will contribute ₹1,359 crore and the Greater Noida

UP plans a network of dry ports & freight container stations

Uttar Pradesh government has announced plans to develop a network of dry ports and freight container stations to boost exports and achieve its goal of becoming a trillion-dollar economy by 2027. Under the UP Warehousing and Logistics Policy 2022, the

RVNL bags ₹1,544-cr contract in Maldives

The Rail Vikas Nigam Limited (RVNL) has announced that it has been selected as the project implementation agency for the UTF Harbor Strategic Project in the Maldives. The project, which has a budget of ₹1,544.60 crore, is expected to be completed within

NHLM floats fresh tender for Multi Modal Logistics Park in Bengaluru

The National Highways Logistics Management (NHLM), a unit of the National Highways Authority of India (NHAI), has issued a fresh tender for the development of a multi modal logistics park in Bengaluru after an earlier attempt collapsed

IIFCL sanctions ₹8,244-cr loans for Port Projects

The India Infrastructure Finance Corporation (IIFCL) has approved loans totaling ₹8,244 crore for around 20 port projects, which will add 836 million tonnes per annum (MTPA) of capacity to India's ports. This is roughly one-quarter of the

Adani group to invest ₹10,700-cr to expand Lucknow airport

The Adani Group will invest ₹10,700 crore in the expansion of Lucknow airport in order to increase its annual passenger handling capacity from 4 million to 39 million. The expansion plan, which received clearance from the Union

The Airport Authority of India (AAI) has reached a deal with landowners for the acquisition of 627.89 acres of land for the expansion of the Coimbatore International Airport. The acquisition will cost approximately ₹2,000 crore, with

Maharashtra govt approves ₹350-cr for Shirdi airport expansion

The Maharashtra government has approved an investment of ₹350 crore for the expansion of the Shirdi airport. The expansion is expected to be

GMR and NIIF together to invest in three airports

GMR Airports Limited (GAL) and NIIF (National Investment and Infrastructure Fund) have entered a financial partnership for NIIF to invest in the

Adani seals ₹1,200-cr Karaikal Port buyout deal

Adani Ports & SEZ Limited (APSEZ) has won the bid for Karaikal Port with a ₹1,200-crore offer that surpassed the one from Vedanta

MoRTH starts work on ₹1,424-cr Multi-Model Logistics Parks

In line to the PM Gati Shakti National Master Plan (NMP) launched late last year bringing 16 Union Ministries together to improve multimodal connectivity

The Central government has sanctioned ₹1,300 crore for the grand makeover of the international airport in Lucknow. Once the targeted construction work of the

Adani Ports forms JV with Gadot in Israel to acquire Haifa Port Company

Adani Ports and Special Economic Zone (APSEZ) has set up of a joint venture company with Gadot Chemical Terminals Ltd in Israel, namely Mediterranean

Centre approves ₹818-cr VGF for Vizhinjam Port

The Centre has approved the viability gap funding (VGF) worth ₹818 crore to the Vizhinjam International Deepwater Multipurpose Sea Port to reduce India’s

Adani Ports and Special Economic Zone (APSEZ), a part of Adani Group has received approvals from NCLT Ahmedabad and NCLT Hyderabad for

Celebi plans ₹150-cr air cargo infra in Delhi

Celebi Delhi Cargo Terminal Management India has decided to invest ₹150 crore to bolster infrastructure at its facility in Delhi. The company, which is a part

AP clears ₹3,000-cr international airport project

Andhra Pradesh government has cleared the much-delayed Visakhapatnam International Airport project involving an investment of ₹3,000 crore. The Chief

Amit Shah lays foundation for Gwalior airport expansion project

Union home minister Amit Shah has laid the foundation for the new terminal building and expansion of the Rajmata Vijayaraje Scindia Airport in Madhya Pradesh

Cabinet sanctions development of container terminal at Deendayal Port

The Union Cabinet has approved the project including the development of a container terminal at Tuna-Tekra, Deendayal Port in Gujarat under the

Civil Aviation announces ₹2,361-cr airport projects in J&K

The civil aviation ministry has announced airport projects worth ₹2,361 crore in Jammu and Kashmir. A civil enclave airport will be built in Jammu at

West Bengal CM hands over LoI to Adani Ports for Tajpur port

West Bengal CM Mamata Banerjee has handed over the Letter of Intent (LOI) for Tajpur port in Kolkata to Karan Adani, CEO of Adani Ports. The port

President of India launches ₹280-cr port infra projects

The President of India Droupadi Murmu has laid the foundation stones of four projects worth over ₹280 crore for Deendayal Port Authority, Kandla in

Airport Authority of India has planned to add 80 new airports across the country. As of now, the number of airports in the country has increased from 74