Govt plans Rs 36,000 cr investment for greenfield airports
AVIATION & AIRPORTS

Govt plans Rs 36,000 cr investment for greenfield airports

The Minister of Civil Aviation, V K Singh, told the media that the ministry had planned Rs 36,000 crore investment for developing greenfield airports under the Public-Private Partnership (PPP) model.

He added that highly price-sensitive customers and high taxes on jet fuel are major challenges faced by the civil aviation sector of India.

He said that adequate safety measures are already in place for the safe operation of aircraft at airports, including those having table-top runways, as per the International Civil Aviation Organisation standards and Directorate General of Civil Aviation's (DGCA) civil aviation requirements.

Singh said that the aviation sector is facing several challenges from the Covid-19 pandemic, high taxes on aviation fuel, the weak financial status of some airlines and sub-optimal infrastructures.

Other challenges are sub-optimal leasing, Maintenance, Repair and Operations (MRO) and manufacturing, low presence on international routes, mega aviation hubs in India and shortage of skilled professionals.

The PPP airports at Delhi, Hyderabad and Bengaluru are undertaking major expansion projects of around Rs 30,000 crore by 2025.

Additionally, Rs 36,000 crore will be invested in developing new greenfield airports in India under the PPP model.

The government has accorded in-principle approval for developing 21 greenfield airports across India.

There are five airports with table-top runways, including Calicut, Mangaluru, Shimla, Lengpui and Pakyong.

There are 140 airports, heliports and water aerodromes in India, and 24 airports of the Airport Authority of India (AAI) are non-operational.

AAI has undertaken the restoration work of the basic strip at Shimla airport at Rs 101.75 crore.

Other work has been taken up for a concrete cladding wall to have the uphill slope and strengthen the base of the reinforced earth wall at Rs 180.61 crore at Pakyong airport.

At Manguluru airport for the expansion of the terminal building, construction of parallel taxi track and grading of the basic strip at Rs 567 crore.

Image Source

Also read: Civil aviation ministry to privatise 25 more AAI airports across India

The Minister of Civil Aviation, V K Singh, told the media that the ministry had planned Rs 36,000 crore investment for developing greenfield airports under the Public-Private Partnership (PPP) model. He added that highly price-sensitive customers and high taxes on jet fuel are major challenges faced by the civil aviation sector of India. He said that adequate safety measures are already in place for the safe operation of aircraft at airports, including those having table-top runways, as per the International Civil Aviation Organisation standards and Directorate General of Civil Aviation's (DGCA) civil aviation requirements. Singh said that the aviation sector is facing several challenges from the Covid-19 pandemic, high taxes on aviation fuel, the weak financial status of some airlines and sub-optimal infrastructures. Other challenges are sub-optimal leasing, Maintenance, Repair and Operations (MRO) and manufacturing, low presence on international routes, mega aviation hubs in India and shortage of skilled professionals. The PPP airports at Delhi, Hyderabad and Bengaluru are undertaking major expansion projects of around Rs 30,000 crore by 2025. Additionally, Rs 36,000 crore will be invested in developing new greenfield airports in India under the PPP model. The government has accorded in-principle approval for developing 21 greenfield airports across India. There are five airports with table-top runways, including Calicut, Mangaluru, Shimla, Lengpui and Pakyong. There are 140 airports, heliports and water aerodromes in India, and 24 airports of the Airport Authority of India (AAI) are non-operational. AAI has undertaken the restoration work of the basic strip at Shimla airport at Rs 101.75 crore. Other work has been taken up for a concrete cladding wall to have the uphill slope and strengthen the base of the reinforced earth wall at Rs 180.61 crore at Pakyong airport. At Manguluru airport for the expansion of the terminal building, construction of parallel taxi track and grading of the basic strip at Rs 567 crore. Image Source Also read: Civil aviation ministry to privatise 25 more AAI airports across India

Related Stories

Gold Stories

Next Story
Infrastructure Energy

Asian Energy Services Q1 FY27 PAT Rises 129 Per Cent

Asian Energy Services Limited reported a 129 per cent year-on-year rise in net profit to Rs 128 million for Q1 FY27, compared with the corresponding quarter last year.Revenue increased 135 per cent year-on-year to Rs 2.71 billion, supported by continued momentum across its services business, disciplined execution and contributions from domestic and international operations. EBITDA grew 81 per cent year-on-year during the quarter.As of June 30, 2026, the company’s standalone order book stood at Rs 17.54 billion, with around 60 per cent coming from oil and gas services and 40 per cent from min..

Next Story
Infrastructure Urban

BioBTX to Build First Commercial-Scale Circular Chemicals Plant

Dutch circular chemistry technology developer BioBTX is building what it says will be the world’s first commercial-scale plant to convert mixed plastic waste into high-quality aromatic chemicals using its proprietary Integrated Catalytic Cracking Process (ICCP) technology.The facility will be built at Chemical Park Delfzijl on the northern coast of the Netherlands and is expected to create 35 jobs. Covestro, which has been a shareholder and strategic partner of BioBTX since 2024, holds a mid-single-digit million-euro investment in the company.BioBTX’s ICCP technology uses catalytic pyrolys..

Next Story
Real Estate

Awfis Q1 FY27 PAT Jumps 140% as Revenue Rises 27%

Awfis Space Solutions reported a 140 per cent year-on-year rise in consolidated profit after tax (PAT) to Rs 240 million for Q1 FY27, compared with Rs 100 million in the corresponding quarter last year.Revenue from operations increased 27 per cent to Rs 4.25 billion from Rs 3.35 billion, while EBITDA rose 28 per cent to Rs 1.62 billion. EBITDA margin improved to 38.2 per cent from 37.8 per cent. Profit before tax increased 135 per cent to Rs 240 million.The company's co-working business recorded 27 per cent year-on-year growth, supported by demand from enterprises, Global Capability Centres (G..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement