Government to invest in infrastructure expansion of three airports in J&K
AVIATION & AIRPORTS

Government to invest in infrastructure expansion of three airports in J&K

The government is set to spend an estimated amount of Rs 10 billion in the span of the next three years for the expansion of three airports in the newly formed union territory of Jammu and Kashmir (J&K). This investment to improve connectivity is seen in light of the government’s plans to bring the territory closer to the rest of the nation. 

The Airports Authority of India (AAI) has begun working on extending the runway at Jammu airport and is now in the process of seeking more land from the state government for developing a new terminal. The body had previously expanded and made changes to the terminal at the airport.

Currently, the airports at Leh and Srinagar are also undergoing modifications. Reportedly, expansion of the terminal at Srinagar and the building of a new terminal at Leh has been approved and are expected to finish by July 2022. These projects are set to cost approximately Rs 4.95 billion and Rs 4.8 billion, respectively. The Leh terminal will come with an annual capacity of 1.6 million per annum. 

Additionally, AAI has planned to spend around Rs 250 billion in the coming five years to advance airport projects in the country. 

Apart from expanding and boosting the infrastructure of airports, the body is simultaneously working on shortlisting around two dozen airports that could be privatised, to submit to the government.   

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The government is set to spend an estimated amount of Rs 10 billion in the span of the next three years for the expansion of three airports in the newly formed union territory of Jammu and Kashmir (J&K). This investment to improve connectivity is seen in light of the government’s plans to bring the territory closer to the rest of the nation. The Airports Authority of India (AAI) has begun working on extending the runway at Jammu airport and is now in the process of seeking more land from the state government for developing a new terminal. The body had previously expanded and made changes to the terminal at the airport.Currently, the airports at Leh and Srinagar are also undergoing modifications. Reportedly, expansion of the terminal at Srinagar and the building of a new terminal at Leh has been approved and are expected to finish by July 2022. These projects are set to cost approximately Rs 4.95 billion and Rs 4.8 billion, respectively. The Leh terminal will come with an annual capacity of 1.6 million per annum. Additionally, AAI has planned to spend around Rs 250 billion in the coming five years to advance airport projects in the country. Apart from expanding and boosting the infrastructure of airports, the body is simultaneously working on shortlisting around two dozen airports that could be privatised, to submit to the government.   

Next Story
Infrastructure Urban

ABS Marine Sees CRISIL Credit Rating Upgrade

ABS Marine Services has secured an upgrade to its long term and short term credit ratings from CRISIL, reflecting improved profitability and revenue growth through long term contracts. CRISIL moved the long term rating from BBB+/Stable to A-/Stable and revised the short term rating from A2 to A2+. The action signals strengthened financial metrics and operational resilience. The company benefited from durable client relationships with firms such as ONGC and Schlumberger. The rating decision followed stronger cash flows and an enlarged bank loan facility, which increased from Rs 3,705 million (m..

Next Story
Infrastructure Transport

Project BRAHMANK Marks 16 Years Of Strategic Roads In Arunachal

Project BRAHMANK is marking 16 years of work to establish strategic road and bridge links across Arunachal Pradesh, maintaining and developing 811 kilometres of roads and nearly 86 bridges that range from small culverts to large steel and arch bridges. These transport links are described as critical for ensuring year-round movement of defence personnel, equipment and essential supplies while improving everyday travel for people in remote villages. The project balances national security requirements with regional development by focusing on reliable access in challenging terrain. Notable enginee..

Next Story
Infrastructure Transport

Longleng CSOs Give One Week Ultimatum Over Two-Lane Highway

Civil society organisations (CSOs) in Longleng district have demanded immediate restoration of the deteriorating Changtongya–Longleng two-lane road and sought a detailed status report on the stalled construction within one week. The demand followed a consultative meeting convened under the Phom Peoples' Council (PPC) to discuss welfare and development concerns. PPC president YB Angam Phom said prolonged non-maintenance had caused hardship to commuters and affected transportation, local commerce and the district's development. The meeting urged authorities to undertake immediate restoration a..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement