Construction Infrastructure
Covid impact: Kolkata airport’s expansion project halted
Netaji Subhas Chandra Bose International Airport in Kolkata has halted a Rs 1,000 crore expansion project as the passenger count has dropped dramatically due to the Covid-19 pandemic, creating uncertainty among airport authorities as to when the volume of passengers would reach pre-pandemic levels.
The airport lost 10 million passengers last year, and a profit of 600 million rupees was reduced to a loss of 200 million rupees.
The Airports Authority of India (AAI) told the media that there is a shortage of funds due to the loss of revenue that led to the shelving of the Kolkata airport expansion project.
In February 2020, media sources reported that the AAI had sanctioned Phase 1 of the expansion plan. The expansion master plan, designed by Landrum and Brown, a US-based firm that specializes in aviation planning and development, was sanctioned in 2020.
News Source: ConstructionWorld
%20(1).jpg "Partha Sarathi Deb, 68, a veteran Bengali actress, passes away in a Kolkata hospital; Jeet and Rupanjana Mitra pay respects")
Construction Infrastructure
The Adani Enterprises unit has received a letter of approval for an NH project in Maharashtra
Adani Road Transport Ltd (ARTL), a wholly owned subsidiary of Adani Enterprises, has received LoA for a project involving six laning of Kagal-Satara section of NH-48 (old NH4) in Maharashtra. The project will be executed under the Bharatmala Pariyojana at ₹2,008.47 crores. The construction period for the 67-km long road project is expected to be 2 years from the date of appointment and the concession period will be 18 years.
With this project award, Adani’s road portfolio will have total 14 projects with more than 5,000 lane km with asset value exceeding ₹41,000 crore spread across India.
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%20(1).jpg "Fighter OTT: The third-most-watched non-English movie on Netflix worldwide stars Deepika Padukone and Hrithik Roshan.")
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%20(1).jpg "Anushka Sharma, who hasn’t posted on Instagram since Akaay’s birth, is at last back, and she seems happy.")
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.jpg "On his birthday, Kajol presents an unseen side of husband Ajay Devgn. Look at what she posted.")
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