Mumbai’s infrastructure received a major boost with the Prime Minister asking the Airports Authority of India (AAI) to award two greenfield airports—one in Navi Mumbai and the other in Juhu. The decision came a day after the Union Cabinet cleared the Rs.23,000 crore first underground Metro line for the city that will improve connectivity between Colaba and SEEPZ in Andheri via Bandra.
The PMO also asked key infrastructure ministries to roll out at least Rs 1.15 lakh crore PPP projects in the next six months. Prominent among them is the proposed elevated rail corridor from Churchgate to Virar.
A government release said that the besides the two greenfield airports in Mumbai six others across the country would be bid out during this financial year. One of them will be in Maharashtra, in Pune (Rajguru Nagar, Chakan). Moreover, five low cost airports will also be awarded this year in the state and these are at Kolhapur, Nasik, Jalgaon, Solapur and Amravati.
These are part of the long list of 50 new low-cost small airports which the government plans to award this year. These airports will come up by upgrading the existing small airports the AAI has in these cities.
Giving a boost to the infrastructure sector, Prime Minister Manmohan Singh directed Airports Authority of India (AAI) to award 50 low-cost airports in 11 states during the current financial year. PM also asked the key infrastructure ministries to roll out at least Rs 1.15 lakh crore PPP (private-public partnership) projects in the next six months.
In the port sector, PM set the target of awarding one of the two identified greenfield projects, involving Rs 10,000 crore investment, during the current financial year. Sources said the proposed Sagar port in West Bengal can be awarded this year, while feasibility study of Durgarajapatnam port in Andhra Pradesh is underway.
To boost investment in railways, the government decided to form an inter-ministerial group of railways, finance and plan panel to come up with a creative financing-cum-implementation mechanism in two months for clearing the backlog of sanctioned projects of over Rs.2 lakh crore in a prioritized and time-bound manner.
It also realized the need for setting up of a Rail Tariff Authority, besides awarding two loco manufacturing projects, elevated rail corridor in Mumbai, eastern dedicated freight corridor and station redevelopment in the next six months. In the road and highways sector, the government hopes a “reversal” in the awarding of projects after a large number of relaxations for PPP projects. The ministry has set the target of awarding 9,500 km, which includes at least projects totaling at least 3,500 km on build, operate and transfer (BOT) model.
The PMO also asked key infrastructure ministries to roll out at least Rs 1.15 lakh crore PPP projects in the next six months. Prominent among them is the proposed elevated rail corridor from Churchgate to Virar.
A government release said that the besides the two greenfield airports in Mumbai six others across the country would be bid out during this financial year. One of them will be in Maharashtra, in Pune (Rajguru Nagar, Chakan). Moreover, five low cost airports will also be awarded this year in the state and these are at Kolhapur, Nasik, Jalgaon, Solapur and Amravati.
These are part of the long list of 50 new low-cost small airports which the government plans to award this year. These airports will come up by upgrading the existing small airports the AAI has in these cities.
Giving a boost to the infrastructure sector, Prime Minister Manmohan Singh directed Airports Authority of India (AAI) to award 50 low-cost airports in 11 states during the current financial year. PM also asked the key infrastructure ministries to roll out at least Rs 1.15 lakh crore PPP (private-public partnership) projects in the next six months.
In the port sector, PM set the target of awarding one of the two identified greenfield projects, involving Rs 10,000 crore investment, during the current financial year. Sources said the proposed Sagar port in West Bengal can be awarded this year, while feasibility study of Durgarajapatnam port in Andhra Pradesh is underway.
To boost investment in railways, the government decided to form an inter-ministerial group of railways, finance and plan panel to come up with a creative financing-cum-implementation mechanism in two months for clearing the backlog of sanctioned projects of over Rs.2 lakh crore in a prioritized and time-bound manner.
It also realized the need for setting up of a Rail Tariff Authority, besides awarding two loco manufacturing projects, elevated rail corridor in Mumbai, eastern dedicated freight corridor and station redevelopment in the next six months. In the road and highways sector, the government hopes a “reversal” in the awarding of projects after a large number of relaxations for PPP projects. The ministry has set the target of awarding 9,500 km, which includes at least projects totaling at least 3,500 km on build, operate and transfer (BOT) model.
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