Over Rs 90,000 Crore Investments In Pipeline To Develop Airport Infrastructure, Govt Informs Rajya Sabha
The runway of the newly constructed airport in Sikkim. In a move that would transform the aviation landscape of the country, the Airports Authority of India (AAI) has taken up the development of new and existing airports with a projected capital expenditure of around Rs 25,000 crores in the next five years.
This expenditure includes constructing new terminals, expanding and modifying existing terminals, expanding and strengthening existing runways, aprons, Airport Navigation Services (ANS) infrastructure, control towers, technical blocks, etc.
In addition, the Public-Private Partnership (PPP) airports at Delhi, Hyderabad, and Bengaluru are undertaking major expansion projects of around Rs 30,000 crores by 2025.
Additionally, Rs 36,000 crores have been planned for investment in developing new greenfield airports across the country under PPP mode.
This information was given by the Minister of State in the Ministry Of Civil Aviation, General V K Singh, in a written reply to a question in Rajya Sabha on Monday (14 March).
It must be noted that the Union government has accorded 'in-principle' approval for setting up 21 Greenfield Airports across the country.
So far, eight Greenfield airports, namely, Sindhudurg and Shirdi in Maharashtra, Durgapur in West Bengal, Pakyong in Sikkim, Kannur in Kerala, Orvakal in Andhra Pradesh, Kalaburagi in Karnataka, and Kushinagar in Uttar Pradesh have been operationalised.
An Appeal...
Dear Reader,
As you are no doubt aware, Swarajya is a media product that is directly dependent on support from its readers in the form of subscriptions. We do not have the muscle and backing of a large media conglomerate nor are we playing for the large advertisement sweep-stake.
Our business model is you and your subscription. And in challenging times like these, we need your support now more than ever.
We deliver over 10 - 15 high quality articles with expert insights and views. From 7AM in the morning to 10PM late night we operate to ensure you, the reader, get to see what is just right.
Becoming a Patron or a subscriber for as little as Rs 1200/year is the best way you can support our efforts.
