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

Next Story
Infrastructure Transport

BBMP Turns to Stone Matrix Asphalt for Flyover Upgrades

The Bruhat Bengaluru Mahanagara Palike (BBMP) is set to resurface nearly a dozen city flyovers with stone matrix asphalt (SMA) — a high strength blend of coarse aggregate, rich bitumen binder and cellulose fibres that outlasts conventional hot mix surfaces. Until now the corporation relied on cheaper micro surfacing, but its thin layer failed to smooth out undulations and soon gave way to potholes. Earlier this week the Hebbal flyover became the first structure to receive the SMA treatment, and the civic body now plans similar work on flyovers near Shri Gali Anjaneya Temple, Bennig..

Next Story
Infrastructure Transport

MMRDA Cuts Cost of Uttan-Virar Coastal Road by Rs 340 Billion

The Mumbai Metropolitan Region Development Authority (MMRDA) has significantly reduced the cost of the Uttan-Virar Coastal Road (UVCR) project by Rs 340 billion, bringing the total projected expense down to Rs 52.7 billion from the earlier estimate of Rs 87.4 billion. The revised proposal was presented to Maharashtra Chief Minister Devendra Fadnavis and Deputy Chief Minister Eknath Shinde during a review meeting in Mumbai.This 55.12 km coastal corridor includes a 24.35 km main road and 30.77 km of connecting roads, designed to enhance connectivity between Mumbai's northern suburbs and its west..

Next Story
Infrastructure Urban

Cabinet Approves Rs 1 Lakh Cr Employment Incentive Scheme

The Union Cabinet has approved the Employment Linked Incentive (ELI) Scheme with an outlay of Rs 99,446 crore to generate over 3.5 crore jobs over two years. The scheme supports both employees and employers, especially in the manufacturing sector.First-time employees earning up to Rs 1 lakh will get up to Rs 15,000 in two instalments. Employers hiring two or more workers will receive incentives up to Rs 3,000 per month for up to four years. The scheme also promotes savings and financial literacy among youth...

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?