+
Eleven more greenfield airports in the works: Centre
AVIATION & AIRPORTS

Eleven more greenfield airports in the works: Centre

The government of India has accorded in-principle approval for setting up 21 greenfield airports across the country. Ten such airports have been operationalised so far, the latest being the Manohar International Airport at Mopa, Goa, which was inaugurated on December 11 this year, Minister of State for Civil Aviation Lt Gen (Retd) V K Singh told the Rajya Sabha. Since 2018, seven airports - Pakyong (Sikkim), Kannur (Kerela), Kalaburagi (Karnataka), Sindhudurg (Maharashtra), Kushinagar (Uttar Pradesh), Orvakal (Andhra Pradesh) and Donyi Polo (Arunachal Pradesh) - have been operationalised apart from Manohar International Airport.

The Airports Authority of India (AAI) has incurred a cost of Rs 25.04 billion in 2017-18, Rs 42.97 billion in 2018-19, Rs 47.13 billion in 2019-20, Rs 43.50 billion in 2020-21 and Rs 37.24 billion in 2021-22 for the construction of these airports.

During the pre-Covid period, in the year 2018-19, the passenger footfall at airports across the country increased by 11.6% as compared to the previous year, 2017-18. The number of passengers decreased during the pandemic. Post-Covid, in the year 2021-22 the trend showed an increase of 63.7% over 2020-21, the minister said.

See also:
Total 25 airports earmarked for leasing till 2025
India’s airports to be infused with Rs 980 billion over next 5 years


The government of India has accorded in-principle approval for setting up 21 greenfield airports across the country. Ten such airports have been operationalised so far, the latest being the Manohar International Airport at Mopa, Goa, which was inaugurated on December 11 this year, Minister of State for Civil Aviation Lt Gen (Retd) V K Singh told the Rajya Sabha. Since 2018, seven airports - Pakyong (Sikkim), Kannur (Kerela), Kalaburagi (Karnataka), Sindhudurg (Maharashtra), Kushinagar (Uttar Pradesh), Orvakal (Andhra Pradesh) and Donyi Polo (Arunachal Pradesh) - have been operationalised apart from Manohar International Airport. The Airports Authority of India (AAI) has incurred a cost of Rs 25.04 billion in 2017-18, Rs 42.97 billion in 2018-19, Rs 47.13 billion in 2019-20, Rs 43.50 billion in 2020-21 and Rs 37.24 billion in 2021-22 for the construction of these airports. During the pre-Covid period, in the year 2018-19, the passenger footfall at airports across the country increased by 11.6% as compared to the previous year, 2017-18. The number of passengers decreased during the pandemic. Post-Covid, in the year 2021-22 the trend showed an increase of 63.7% over 2020-21, the minister said. See also: Total 25 airports earmarked for leasing till 2025India’s airports to be infused with Rs 980 billion over next 5 years

Next Story
Real Estate

Reliance MET City Launches Metropolis Project In Haryana

Reliance MET City (RMC) has launched Metropolis, an integrated mixed-use project in Haryana that is expected to redefine the regional urban landscape. RMC said the development will combine residential, commercial and leisure components to meet rising demand for organised urban spaces. The project has been positioned to benefit from existing and planned transport links and municipal infrastructure, and aligns with regional plans for sustainable urbanisation. Company representatives framed the initiative as part of a broader expansion strategy in northern India. The Metropolis project will inco..

Next Story
Infrastructure Energy

Radiance Renewables Raises 100 Million Dollars for Expansion

Eversource-backed Radiance Renewables has secured 100 million dollars (100 mn dollars) in funding from Impact Fund Denmark and FMO to support its expansion. The investment will bolster the company's capital base and enable acceleration of project development and deployment. Radiance Renewables is positioning itself to scale its renewable energy portfolio and strengthen operational capabilities. The funding round reflects growing investor appetite for climate-focused infrastructure. Impact Fund Denmark and FMO are established impact investors that channel capital into sustainable energy projec..

Next Story
Infrastructure Energy

Temasek-led Consortium in Talks for Rs 15 bn Pre-IPO Round

A Temasek-led consortium is in advanced talks to invest Rs 15 billion (Rs 15 bn) in Clean Max Enviro Energy in a pre-initial public offering funding round, according to people familiar with the matter. The prospective financing is intended to provide capital for operational expansion and to strengthen the company's balance sheet ahead of a planned public listing. The discussions reflect continued investor appetite for renewable energy platforms in the region. Clean Max Enviro Energy is a renewable energy developer that provides sustainable power solutions to commercial and industrial customer..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Open In App