News
SAIL, AAI enter into O&M agreement


New Delhi, October 28, 2022: Steel Authority of India Limited (SAIL) and Airport Authority of India (AAI) Limited have signed an Operation and Management (O & M) agreement on Friday in New Delhi for facilitating commercial operations from Rourkela in the state of Odisha. SAIL, in 2018, had signed a MOU for use of its own Airport, under the UDAN scheme, for operation of commercial flights. A press release issued by SAIL says that, it has now, signed the O&M contract with AAI, through its Rourkela Steel Plant, for facilitating commencement of commercial flight from Rourkela. The Ministry of Civil Aviation has provided financial support for the up-gradation of this Airport. The Government of Odisha will provide the security, fire services, and ambulance services besides helping with other local clearances. AAI, on behalf of SAIL – Rourkela Steel Plant, will operate and manage the airport.
The Airport will provide relief to all air travelers from the industrial town of Rourkela and the surrounding areas. The commencement of air services is also important in view of forthcoming Hockey World Cup where 20 out of the total 44 matches are being held at Rourkela during January 2023. This global event will witness a huge footfall to Rourkela during the period and the requirement of air connectivity to the city will be a major necessity for logistical reasons.
-
News1 week ago
Q3 2023 Housing prices up 10% YoY led by positive buying sentiment: CREDAI –Colliers – Liases Foras| Housing Price-Tracker Report Q3 2023
-
News3 days ago
LIXIL celebrates architecture & design industry excellence at World Architecture Festival 2023
-
News3 weeks ago
Fractional Real Estate Can Reshape the Second Home Market in India
-
News3 weeks ago
Aparna Constructions and Estates Launches Aparna Greenscapes in Hyderabad, Plans Rs 1400 Crores Investment
-
News2 weeks ago
Maha Govt’s New Housing Policy to Boost’ Housing For All’, New Investments in State’s RE: Maharashtra Housing Min
-
News2 days ago
RBI Keeps Repo Rate Unchanged, Increases Growth Forecast In Its Monetary Policy
-
News3 days ago
Technology Can Speed Construction, Cut Costs, Make Labour More Efficient and Sustainable: Brigade Reap Propagate’23
-
News4 days ago
London Based YOO Worldwide Partners With Luxury Strategy-To-Sales Firm, SQUAREA, to Introduce Designer Residences to East India