CapEx News
Project News,Updates,Bids & Tenders for Consultants,EPC Contactors,Industrial Suppliers & Service Providers
The Airports Authority of India (AAI) and Madhya Pradesh government have signed a memorandum of understanding (MoU) on 10 October, 2024, for the development of Shivpuri airport.
The agreements outline plans for the overall development and operational management of the Shivpuri airstrip, with a focus on transforming Shivpuri into a key regional hub under the regional connectivity scheme (RCS) and offering modern communication, navigation, surveillance (CNS), and air traffic management (ATM) services.
As part of the initial development, the airport will be upgraded to accommodate 19-seater aircraft, with plans to further expand its capacity to handle ATR-72 aircraft soon. The government will soon transfer 292 acres of land to AAI for the airport’s expansion. Shivpuri Airport has been identified under UDAN 5.2.
The airport will initially support operations with nine-seater aircraft. The Ministry of Civil Aviation (MoCA) has allocated Rs 45 crore for airport development, and the partnership marks a crucial milestone in advancing the state’s aviation capabilities, making air travel more accessible. Bids for flights connecting Shivpuri to Bhopal have been secured by Spirit Air, a start-up airline.
The development of Shivpuri Airport is expected to boost regional connectivity and economic growth in the state, and play a role in attracting investment and tourism to the area.
Recent News
◉ SWELECT Energy secures over 150 MW of solar module - Mar 13,2025◉ RVNL emerges as lowest bidder for Rs 554.64 crore road contract - Mar 13,2025
◉ MoU inked for developing Multi-Modal Logistics Park in Varanasi - Mar 13,2025
◉ Danfoss India to invest Rs 1,200 crore by 2028 - Mar 13,2025
◉ SJVN to develop Rs 9,500 crore pumped storage project - Mar 13,2025
◉ JNPA signs concession agreement for Rs 285-crore agri-processing facility - Mar 13,2025
◉ Montra Electric opens e-SCV manufacturing plant in Chennai - Mar 13,2025