India-Bangladesh to Launch Trial Vessel Movement to Boost Connectivity
India and Bangladesh are poised to inaugurate the first trial movement of vessels between Maia Port in India and Sultanganj Port in Bangladesh, advancing trade and connectivity efforts. The initiative, supported by Minister of State
Gujarat Plans Three New Airports, Including One Near Statue of Unity
Gujarat announces plans for three new airports, including one near the iconic Statue of Unity in Kevadia, to boost tourism and infrastructure. With over 1 crore tourists visiting the Statue of Unity since its inauguration, the move aims to
GMR Airports Secures ₹2,250 Cr in Bonds from Finance Companies
GMR Airports (GAL) recently raised ₹2,250 crore through non-convertible bonds, sourced from finance companies and private credit investors. The bonds, issued for two years and ten months at 13.275%, include a 5% cash coupon and an 8.275%
First Phase of Noida Airport Development to cost ₹10,056-cr
Officials report that the initial phase of the upcoming international airport in Noida will cost ₹10,056 crore, with approximately ₹7,100 crore already expended. S P Goyal, Additional Chief Secretary to the Uttar Pradesh Chief Minister
Central Govt Initiates ₹7,000 Cr VOC Port Outer Harbour Development
The Central government is set to begin work on VOC Port outer harbour development, with an investment of ₹7,000 crore. The project will also include the establishment of green hydrogen and green ammonia facilities in the port lands.
Adani Ports Plans ₹2,100 Crore Expansion of Kattupalli Port
Adani Ports and Special Economic Zone (APSEZ) is set to undertake a ₹2,100 crore expansion of the Kattupalli Port in Chennai. The expansion will follow the original master plan for the port. The Kattupalli Port, located on the outskirts
Cochin Shipyard Gears Up for ₹2,769 cr Upgrade
Cochin Shipyard is set to undergo a ₹2,769 crore ($369 million) upgrade, transforming into a global ship repair facility in Kochi. The ₹1,799 crore new dry dock, the largest in the country, will enable the shipyard to build large LNG carriers
APM Terminals & JNPA to develop terminal at Vadhavan port
APM Terminals has signed a Memorandum of Understanding (MoU) with Jawaharlal Nehru Port Authority (JNPA) to develop a new container terminal at the proposed mega port project at Vadhavan in Maharashtra, with an estimated cost
APM Terminals to develop Pipavav Port at ₹3320-cr in Gujarat
APM Terminals Pipavav has signed two Memorandums of Understanding (MoUs) to develop a complete green hydrogen ecosystem and enhance port infrastructure during the Vibrant Gujarat Summit. APM Terminals Pipavav and Gujarat Maritime Board have
Inland Waterways Development Council Announces ₹45,000 cr Investment
Union Ports, Shipping, and Inland Waterways Minister, Sarbananda Sonowal, revealed that the newly formed Inland Waterways Development Council (IWDC) is set to invest ₹45,000 crore for the development of inland waterways in India.
Govt Launches ₹108 cr Paradip Fishing Harbour Modernization Project
The Union Ministry for Ports, Shipping & Waterways has initiated the ₹108 crore modernization project for Paradip Fishing Harbour in Odisha, according to Minister for Fisheries Parshottam Rupala. The central government has granted
SMP Submits ₹44,000 cr Project Report for ICTP in Great Nicobar
The Syama Prasad Mookherjee Port (SMP) has submitted the detailed project report (DPR) for the first phase of the International Container Transhipment Port (ICTP) at Galathea Bay in Great Nicobar, involving an investment of ₹44,000 crore.
NIIF to invest ₹675 cr in GMR's Greenfield Airport in AP
The National Investment and Infrastructure Fund (NIIF) are set to invest Rs 675 crore in GMR Airports' upcoming greenfield international airport project in Bhogapuram, Andhra Pradesh. This investment will be directed towards GMR
DMRC submits DPR for Silver Line extension to IGIA T-1
The Delhi Metro Rail Corporation (DMRC) has submitted a Detailed Project Report (DPR) to extend the Delhi Metro's Silver Line to Terminal 1 of the Indira Gandhi International (IGI) Airport in Delhi. With the anticipation of a significant
GMR Visakhapatnam Airport Secures ₹3,215cr Loan
A consortium of five lenders has approved a substantial loan of ₹3,215 crore for GMR Visakhapatnam International Airport, paving the way for the construction of GMR Group's fourth airport in India. REC leads the financing with
MoD approves ₹20,000-cr greenfield airport in Tamil Nadu
The Ministry of Defence (MoD) has given the green signal to grant site for the construction of a greenfield airport at Parandur in Tamil Nadu involving an investment of ₹20, 000 crores Prior to this, the state government had accorded
UP to get 9 new airports in next two years
News: Union Civil Aviation Minister Jyotiraditya Scindia announces plans for the construction of nine additional airports in Uttar Pradesh over the next two years. Highlighting the government's focus on the civil aviation sector, Scindia notes
Adani Group targets ₹7 Lakh cr investment in next decade
Adani Group is set to invest ₹7 lakh crore over the next decade in various segments, spanning ports, airports, roads, mining, metro and rail, defence, aerospace, solar panels manufacturing, and data centres. The group aims to achieve carbon-neutral
Gujarat govt signs MoUs with AAI for development of 11 airports
The Gujarat government has entered into Memorandums of Understanding (MoUs) with the Airports Authority of India (AAI) to develop 11 new greenfield airports and expand nine existing ones. Towns like Ankleshwar, Morbi, Rajpipla, Botad
VOC port gets approval for Rs 7,055.95 cr container terminal
The Union government's V O Chidambaranar Port Authority in Tamil Nadu has received approval from the Public-Private-Partnership Appraisal Committee (PPPAC) to construct a 4 million TEUs capacity container terminal in the port's outer harbor, involving
HCPL secures bid for Hubballi Airport's Rs 260.22 cr terminal
Harsh Constructions (HCPL) emerges as the lowest bidder (L1) for the civil construction of Hubballi airport's new terminal building in Karnataka. The Rs. 260.22 crore investment will enable the terminal to handle 2400 peak-hour passengers, featuring
UP approves Rs 1,600 cr RRTS corridor
The Uttar Pradesh state government has granted approval for a 72-km long Regional Rapid Transit System (RRTS) corridor connecting Ghaziabad's 17-km priority section to the upcoming Jewar International Airport in Greater Noida. The ambitious project
Arunachal Pradesh unveils logistics policy aligned with PM Gati Shakti
Arunachal Pradesh State Government introduces the Arunachal Pradesh Logistics Policy, aligning with the PM Gati Shakti framework for integrated development by 2047. The policy emphasizes connectivity infrastructure improvements and growth opportunities
MoPSW to start ₹76000 cr Vadhavan port project
The Ministry of Ports, Shipping, and Waterways unveils plans for the initiation of construction on the ₹76000 crore container port at Vadhvan in Maharashtra. The port, managed by Jawaharlal Nehru Port Trust, has secured environmental clearances, and
Noida plans 28-km bypass road between Jewar and IGI Airport
The Noida authority unveils plans for a 28-km bypass road, circumventing the Noida-Greater Noida expressway, to establish efficient connectivity between Jewar and IGI Airport in Delhi. The strategic road aims to alleviate traffic congestion, especially
Tamil Nadu approves land acquisition for greenfield airport in kancheepuram
The Tamil Nadu government gives the green light for acquiring 3,774.01 acres of land in Parandur-A and 19 other villages in Kancheepuram district to construct a greenfield airport, requiring a total area of 5,746.18 acres. The site is in proximity to the
GMR Goa airport secures Rs 2,475-cr funding
GMR Goa International Airport (GGIAL), a special purpose vehicle of GMR Airports, has secured funds totaling Rs 2,475 crore from prominent financial institutions. The funding includes contributions from
JSW Infrastructure wins bid for constructing new port in Karnataka
JSW Infrastructure Ltd, a unit of JSW Group, secures the bid to construct and operate a new port in Bhavikeri Keni village, Ankola taluka, Karnataka. The second-largest commercial port operator
Kerala plans economic corridor along West Coast Canal for trade and business
The Kerala government aims to establish an economic corridor along the 616 km West Coast Canal (WCC), spanning transport, trade, energy, and agriculture. To facilitate this, the state is acquiring 600 acres
YFC projects emerges lowest bidder for IGI Airport's terminal-2 subway
YFC Projects secures the lowest bid for constructing a 70-meter underground subway linking Indira Gandhi International (IGI) Airport's Terminal-2 with the IGI Airport Metro Station. The project involves designing and building the pedestrian subway