Kolhapur Airport Gets Revised Funding Approval
AVIATION & AIRPORTS

Kolhapur Airport Gets Revised Funding Approval

The Maharashtra government has approved a major revision in funding for the expansion of Kolhapur Airport, issuing fresh administrative and financial approval totalling Rs 2.9 billion. The allocation, formalised through a Government Resolution (GR) dated 17 November, covers the completion of land acquisition and associated works.

The decision follows a proposal from the Maharashtra Airport Development Company (MADC), which oversees airport development across the state. As per the GR, the revised budget provides for acquiring 30.25 hectares of land. This includes 26.65 hectares identified through joint measurement and a further 3.60 hectares required for diverting the Kolhapur–Hupari State Highway and constructing connecting roads.

The state noted that compensation costs have risen significantly due to the diversity of land types involved. These include jirayat farmland, horticultural plots, non-agricultural parcels, residential development areas, highway-facing land and industrial plots, all of which must be compensated at prevailing market rates.

Kolhapur Airport, previously managed by MIDC, was handed back to the Airports Authority of India (AAI) in 2013. It is among nine airports covered under the Centre’s UDAN regional connectivity scheme. To streamline development across these airports, MADC was appointed the key coordinator under a tripartite agreement signed in 2016.

The state has previously allocated funds for multiple phases of land acquisition: Rs 250 million in 2018 for 5.81 hectares, Rs 260 million in 2020 for an additional 64 acres, and Rs 2.12 billion in 2022 for expanded acquisition in Mudshingi and Tamgaon villages. All past disbursements have now been reconciled, according to the GR.

The Maharashtra government has approved a major revision in funding for the expansion of Kolhapur Airport, issuing fresh administrative and financial approval totalling Rs 2.9 billion. The allocation, formalised through a Government Resolution (GR) dated 17 November, covers the completion of land acquisition and associated works. The decision follows a proposal from the Maharashtra Airport Development Company (MADC), which oversees airport development across the state. As per the GR, the revised budget provides for acquiring 30.25 hectares of land. This includes 26.65 hectares identified through joint measurement and a further 3.60 hectares required for diverting the Kolhapur–Hupari State Highway and constructing connecting roads. The state noted that compensation costs have risen significantly due to the diversity of land types involved. These include jirayat farmland, horticultural plots, non-agricultural parcels, residential development areas, highway-facing land and industrial plots, all of which must be compensated at prevailing market rates. Kolhapur Airport, previously managed by MIDC, was handed back to the Airports Authority of India (AAI) in 2013. It is among nine airports covered under the Centre’s UDAN regional connectivity scheme. To streamline development across these airports, MADC was appointed the key coordinator under a tripartite agreement signed in 2016. The state has previously allocated funds for multiple phases of land acquisition: Rs 250 million in 2018 for 5.81 hectares, Rs 260 million in 2020 for an additional 64 acres, and Rs 2.12 billion in 2022 for expanded acquisition in Mudshingi and Tamgaon villages. All past disbursements have now been reconciled, according to the GR.

Next Story
Infrastructure Urban

9th India–Myanmar Joint Trade Committee Meeting Held in Nay Pyi Taw

The ninth meeting of the India–Myanmar Joint Trade Committee (JTC) was held in Nay Pyi Taw, Myanmar, with a focus on strengthening bilateral trade and deepening economic cooperation. The meeting was co-chaired by U Minn Minn, Deputy Minister, Ministry of Commerce of the Republic of the Union of Myanmar, and Nitin Kumar Yadav, Additional Secretary, Department of Commerce, Ministry of Commerce and Industry, Government of India.Representatives from relevant ministries and stakeholder departments from both countries participated in the discussions. The meeting covered a broad range of issues aim..

Next Story
Infrastructure Urban

DGCA Launches Digital Pilot Licence Services for ATPL

The Directorate General of Civil Aviation (DGCA) has launched Electronic Personnel Licence (EPL) services for the Airline Transport Pilot Licence (ATPL), marking a significant step in the regulator’s ongoing digital transformation of aviation licensing in India. The service was inaugurated at an event held at the DGCA headquarters.Inaugurating the EPL ATPL service, Director General of Civil Aviation Faiz Ahmed Kidwai said the initiative represents a major advancement in strengthening India’s civil aviation regulatory framework through secure, modern and future-ready digital systems. He con..

Next Story
Infrastructure Urban

Cabinet Extends Atal Pension Yojana and Support Till 2030–31

The Union Cabinet, chaired by Prime Minister Narendra Modi, has approved the continuation of the Atal Pension Yojana (APY) up to the financial year 2030–31, along with the extension of government funding support for promotional and developmental activities and gap funding to ensure the scheme’s long-term sustainability.Under the approved framework, APY will continue to receive government support aimed at expanding its reach among unorganised and low-income workers. This includes funding for awareness campaigns, capacity-building initiatives and other developmental activities to strengthen ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Open In App