NMIAL achieves financial closure for Navi Mumbai airport

April 2022

Navi Mumbai International Airport Private Limited (NMIAL), a subsidiary of Adani Enterprises Limited, has achieved financial closure for the Navi Mumbai International Airport project. The State Bank of India has underwritten the entire debt requirement […]

Kolhapur airport expansion project receives funds

April 2022

  The Maharashtra government transferred funds worth Rs 260 million for runway extension work under the Kolhapur airport expansion project on March 21, 2022. The same are likely to be used for the acquisition of […]

GNIDA allocates funds for NIA under budget 2022-23

April 2022

On April 5, 2022, the Greater Noida Industrial Development Authority allocated funds worth Rs 3.5 billion for the Noida (Jewar) Interna­tio­nal Airport under the 2022-23 budget. Meanwhile, around the same time, the New Okhla Industrial […]

DPR of phase-1 works of Nellore airport receives approval

March 2022

The government recently approved the detailed project report (DPR) submitted by Andhra Pradesh Airports Development Corporation Limi­ted for Phase I of work on Nellore airport, in public-private partnership (PPP) mode. Though the process of land […]

Government revises guidelines for international arrivals

February 2022

The government has revised the guidelines for international arrivals, removing the category of at-risk countries. The guidelines will come into effect from February 14, 2022. All foreign arrivals must fill a self-declaration form online (available […]

Tata group officially takes over Air India

February 2022

On January 27, 2022, the Tata Group officially took over Air India from the government. The strategic disinvestment transaction of Air India successfully concluded with the transfer of 100 per cent shares of Air India […]

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