Supreme Court clears way for Vijaynagar airport project
pre-market1 source ↓written by the desknot a recommendation
- Supreme Court's decision
- 2:1 majority
The Supreme Court has recalled its May 2025 judgment, allowing the Centre to grant retrospective environmental clearances for projects. This paves the way for the Greenfield Vijaynagar airport in Karnataka, with the Karnataka State Industrial and Infrastructure Development Corporation leading the initiative. This development may boost investor sentiment in the infrastructure sector.
• Supreme Court's decision: 2:1 majority
• Nodal agency: Karnataka State Industrial and Infrastructure Development Corporation
• Potential impact on infrastructure investments.
Not investment advice. For informational purposes only.