Maharashtra Cabinet Approves Rs 60 Billion Loan For Purandar Airport

17 Feb 2026 CW Team

The loan amount of Rs 6,000 crore is equivalent to Rs 60 billion (Rs 60 bn) following the government's conversion framework. The funding is expected to be mobilised through public borrowing instruments arranged by the state finance department and will be repaid over a period to be determined by fiscal authorities. The cabinet endorsement allows administrative steps for tendering, detailed project reports and engagement with lenders. The move reflects a prioritisation of infrastructure investment within the state budgetary strategy.

Officials said the funds will be applied to runway construction, terminal facilities, airside services and access roads, as well as technical and regulatory clearances required for operationalisation. The project is anticipated to generate local employment during construction and to support ancillary economic activity on completion. Planners will need to address land acquisition, environmental assessments and coordination with civil aviation authorities to meet regulatory standards. The cabinet noted that further approvals and financing details will follow standard procedures.

Observers expect the decision to influence regional transport planning and to provide a framework for private and public sector participation in airport development. The state government will monitor fiscal implications and seek to balance capital expenditure with other development priorities. Stakeholders will watch the timeline for disbursement and project milestones as authorities progress from approval to execution. The cabinet approval marks a key fiscal step towards realising the Purandar airport project.

The Maharashtra cabinet has approved a proposal to raise a loan of Rs 6,000 crore to finance the Purandar airport project. The decision authorises the state government to secure long term funding to support construction and related infrastructure for the airport near Pune. Officials indicated the measure is intended to accelerate development and strengthen regional connectivity by creating additional aviation capacity. The approval sets the financial framework for the next phase of project planning and implementation. The loan amount of Rs 6,000 crore is equivalent to Rs 60 billion (Rs 60 bn) following the government's conversion framework. The funding is expected to be mobilised through public borrowing instruments arranged by the state finance department and will be repaid over a period to be determined by fiscal authorities. The cabinet endorsement allows administrative steps for tendering, detailed project reports and engagement with lenders. The move reflects a prioritisation of infrastructure investment within the state budgetary strategy. Officials said the funds will be applied to runway construction, terminal facilities, airside services and access roads, as well as technical and regulatory clearances required for operationalisation. The project is anticipated to generate local employment during construction and to support ancillary economic activity on completion. Planners will need to address land acquisition, environmental assessments and coordination with civil aviation authorities to meet regulatory standards. The cabinet noted that further approvals and financing details will follow standard procedures. Observers expect the decision to influence regional transport planning and to provide a framework for private and public sector participation in airport development. The state government will monitor fiscal implications and seek to balance capital expenditure with other development priorities. Stakeholders will watch the timeline for disbursement and project milestones as authorities progress from approval to execution. The cabinet approval marks a key fiscal step towards realising the Purandar airport project.

Infrastructure Transport

17 Feb 2026

Nashik Airport To Get Rs 5.72 Billion (bn) Upgrade Ahead Of Kumbh

Nashik airport will undergo a Rs 5.72 billion (bn) infrastructure upgrade intended to triple passenger handling capacity as the city prepares to host the Kumbh Mela next year. The expansion includes construction of a new 18,250 square metre terminal building with twenty four check-in counters and enhanced passenger facilities. Upon completion the airport's handling capacity is expected to rise to 1,000 passengers per hour. A new apron will double aircraft parking bays to 12 and is expected to improve aircraft handling and ease congestion during peak periods. Maharashtra Chief Minister Devendra..

Infrastructure Transport

17 Feb 2026

Noida International Airport Set For Major Expansion

The completion of phase one at Noida International Airport marks a significant milestone in regional aviation infrastructure development and sets the site on course for a major expansion programme. Located in Noida, Uttar Pradesh, the airport has established an initial operational footprint that is intended to support growing passenger and cargo demand in the National Capital Region. Government bodies and project stakeholders have indicated that subsequent phases will be prioritised to build on the foundations laid in the initial stage. The phase one works have provided basic operational capab..