Odisha, AAI sign pact to develop Jharsuguda airport
AVIATION & AIRPORTS

Odisha, AAI sign pact to develop Jharsuguda airport

The Odisha government has signed a memorandum of understanding (MoU) with the Airports Authority of India (AAI) for developing a full-fledged airport at Jharsuguda in western Odisha at an estimated cost of Rs 2.1 billion.

At present, the Jharsuguda facility, operated by AAI, caters only to a few chartered flights. Odisha currently has just one operational full-scale airport — the Biju Patnaik International Airport in Bhubaneswar.

Under the new agreement, the state government will contribute Rs 750 million towards the project. AAI already holds 909.22 hectares of land in Jharsuguda, while the state has agreed to provide an additional 296.5 acres free of cost, including 118.75 acres to be transferred immediately.

AAI Chairman Alok Sinha said, “We can complete construction of the airport within two years from the date of land acquisition.”

Once operational, the Jharsuguda airport is expected to significantly enhance regional air connectivity and spur economic development across western Odisha.

The Odisha government has signed a memorandum of understanding (MoU) with the Airports Authority of India (AAI) for developing a full-fledged airport at Jharsuguda in western Odisha at an estimated cost of Rs 2.1 billion. At present, the Jharsuguda facility, operated by AAI, caters only to a few chartered flights. Odisha currently has just one operational full-scale airport — the Biju Patnaik International Airport in Bhubaneswar. Under the new agreement, the state government will contribute Rs 750 million towards the project. AAI already holds 909.22 hectares of land in Jharsuguda, while the state has agreed to provide an additional 296.5 acres free of cost, including 118.75 acres to be transferred immediately. AAI Chairman Alok Sinha said, “We can complete construction of the airport within two years from the date of land acquisition.” Once operational, the Jharsuguda airport is expected to significantly enhance regional air connectivity and spur economic development across western Odisha.

Next Story
Infrastructure Urban

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Next Story
Infrastructure Transport

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Next Story
Infrastructure Urban

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

-->