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Experts clamour for changes in the current Swiss Challenge process regulations The current rules governing the Swiss Challenge process are lopsided, favouring the anchor bidder, and stymie the basic objective of value maximisation by the lenders of a stressed asset. This is the opinion of various banking and industry experts closely involved and associated with the Swiss Challenge process. Highlighting the flaws in the current regulations, an analyst on the condition of anonymity said, in the extant regulations, governed by the Master Direction - Reserve Bank of I...
Experts clamour for changes in the current Swiss Challenge process regulations
Experts clamour for changes in the current Swiss Challenge process regulations
Source: IANS
23/07/2023 5:02:00 PM
Delhi Airport moves to complete green energy from June 1  The Delhi Airport has moved to green energy and uses only hydro and solar power for all its energy needs since June 1. With this, the Delhi Airport became the first airport in India to run entirely on hydro and solar power. This is a major step by the airport toward achieving the ambitious goal of becoming a Net Zero Carbon Emission Airport by 2030. Delhi International Airport Limited (DIAL), a GMR Infrastructure Limited (GIL)-led consortium, which manages and operates the Delhi A...
Delhi Airport moves to complete green energy from June 1
Delhi Airport moves to complete green energy from June 1
Source: IANS
4/07/2022 3:19:47 PM
Delhi's IGI Airport to have 9 mn lt rainwater harvesting facility Coinciding with the World Water Day on Tuesday, the IGI Airport here declared that it is aiming to soon become a water positive airport by provisioning for harvesting nine million litres of rainwater. The Delhi International Airport Limited (DIAL), a GMR Infrastructure-led consortium that operates the IGI Airport, said that it is coming up with two underground reservoirs for rainwater harvesting. The two reservoirs -- one near Terminal 1 and the other near Terminal 2 -- will become oper...
Delhi's IGI Airport to have 9 mn lt rainwater harvesting facility
Delhi's IGI Airport to have 9 mn lt rainwater harvesting facility
Source: IANS
23/03/2022 9:55:23 AM
Will deposit Rs 600 cr in DAMPEL's escrow account, says DMRC  The Delhi Metro Rail Corporation (DMRC) on Monday agreed to deposit Rs 600 crore in the escrow account of the Delhi Airport Metro Express Pvt Ltd (DAMEPL) within two days. As a bench of Justice Suresh Kumar Kait was hearing the DAEMPL's execution petition seeking enforcement of an arbitration award of Rs 6,208 crore in favour of the Reliance Infrastructure subsidiary, senior advocate Parag Tripathi, appearing for the DMRC, reiterated the earlier argument that around Rs 6,000 cror...
Will deposit Rs 600 cr in DAMPEL's escrow account, says DMRC
Will deposit Rs 600 cr in DAMPEL's escrow account, says DMRC
Source: IANS
21/02/2022 8:12:58 PM
Delhi Airport T1's new arrival terminal to be operational by next week  Domestic passengers flying to Delhi will soon get to experience the T1's new arrival terminal which has now been completed and is expected to become operational by next week. Accordingly, the Delhi International Airport Limited (DIAL), a GMR Group-led consortium, has built the new state-of-the-art arrival terminal as part of 'Delhi Airport's Phase 3A Expansion' project. The project is a large-scale development and modernisation plan for Indira Gandhi International ...
Delhi Airport T1's new arrival terminal to be operational by next week
Delhi Airport T1's new arrival terminal to be operational by next week
Source: IANS
7/02/2022 6:45:39 PM
Delhi Airport adjudged 'Best Airport' in India, Central Asia The national capital's Indira Gandhi International Airport (IGIA) has been adjudged as the 'Best Airport in India and Central Asia' for the third consecutive year in 2021 Skytrax World Airport Awards. The 'Skytrax World Airport' awards are considered to be the most significant accolade for the airport industry, voted by customers in the largest, annual global airport customer satisfaction survey. It is regarded as the quality benchmark for the world airport industry,...
Delhi Airport adjudged 'Best Airport' in India, Central Asia
Delhi Airport adjudged 'Best Airport' in India, Central Asia
Source: IANS
10/08/2021 9:33:53 AM
Delhi Airport sees growth in passenger traffic numbers After a significant drop in traffic due to the second wave of the Covid-19 pandemic, the Delhi Airport on Thursday said that it has started witnessing growth in passenger numbers slowly but steadily post relaxation in lockdown and travel norms by various states in June. Most of those who flew were in the 'visiting family and friends' category (48 per cent), followed by 'vacation' (25 per cent) and 'business' (19 per cent) travellers. In June 2020, after the gradu...
Delhi Airport sees growth in passenger traffic numbers
Delhi Airport sees growth in passenger traffic numbers
Source: IANS
1/07/2021 4:38:21 PM