Navayuga Engineering Co Ltd, a leading infrastructure firm based in Hyderabad, is set to fully acquire the 49% stake held by Aurobindo Realty and Infrastructure Pvt Ltd in their joint venture for the Ramayapatnam port development. This strategic move comes just months after political shifts in Andhra Pradesh, following the return of N Chandrababu Naidu to power. The acquisition will …
The Mumbai Metropolitan Region (MMR) is set to undergo a significant transformation in terms of connectivity, thanks to an exciting new initiative. Union Minister Nitin Gadkari recently announced plans to introduce water taxi services connecting Mumbai to the upcoming Navi Mumbai International Airport, which is scheduled to open in March 2025. This service promises to drastically reduce travel time, taking …
The highly anticipated Vizhinjam International Port is on the cusp of becoming operational next month, with the Kerala state government finalizing the official commissioning date. As one of the most significant infrastructure projects in the region, the port’s launch promises to revolutionize the shipping and logistics sector. With its advanced facilities and strategic location, the port is poised to handle …
The residents of Valanthakad, a serene island nestled near Kochi, are celebrating the long-awaited revival of a bridge project that will connect them to the mainland. This new infrastructure development is a significant milestone, not only enhancing accessibility but also paving the way for improved public transportation. Plans are underway to introduce bus services that will benefit Valanthakad’s 15,000 residents …
The Jawaharlal Nehru Port Authority (JNPA) has officially approved a significant proposal to undertake a massive dredging, offshore reclamation, and shore protection project for Vadhvan Port, a new state-of-the-art port that promises to revolutionize India’s maritime and logistics sectors. The project, valued at ₹20,647 crore, will be executed in two phases under the innovative Hybrid Annuity Model (HAM) and is …