Puducherry govt mulls PPP mode to expand airport
AVIATION & AIRPORTS

Puducherry govt mulls PPP mode to expand airport

While the union territory government awaits the Centre's response on the provision of special funds for the expansion of Puducherry airport, PWD Minister Lakshminarayanan said in the Legislative Assembly on Tuesday that the union territory government is also considering the public-private-partnership, or PPP, mode of funding the project.

In response to questions from Leader of the Opposition R Siva (DMK), R B Ashok Babu (BJP), and K Venkatesan (BJP), Lakshminarayanan stated that Rs 425 crore is required to acquire 273 acres of land in Tamil Nadu and 20 acres in Puducherry, according to the Airports Authority of India's detailed project report (DPR).

The Puducherry government has asked the Centre to provide special financial assistance for the March 23, 2022 acquisition, as well as follow-ups in April, June, and July. Following that, a proposal was sent to the Ministry of Home Affairs (MHA), which included the valuation report from the Villupuram district collector. The MHA has yet to respond, according to Lakshminarayanan.

At a high-level committee meeting organised by the MHA in collaboration with the governments of Puducherry and Tamil Nadu, the latter stated that the process of land acquisition will be initiated depending on whether the Centre or Puducherry provides compensation to land owners, Lakshminarayanan added. In response, Siva suggested that the Tamil Nadu chief minister be approached about land acquisition.

While waiting for a response from the MHA, the Puducherry government is also looking into the PPP funding model, according to Lakshminarayanan. A meeting with MHA and AAI officials had been planned for January, but it was cancelled. He added that efforts are now being made to schedule a new meeting. With the Puducherry government still paying compensation of Rs 30 crore for the 150 acres of land acquired during the project's early days, this could be the union territory's share of the PPP investment, along with Rs 8 crore spent on security and electricity. Lakshminarayanan went on to say that compensation would be based on the market value of the land in the respective areas.

Also Read
Railways Minister says the first bullet train to run by 2026
NLC establishes green energy joint venture with Assam Discom

While the union territory government awaits the Centre's response on the provision of special funds for the expansion of Puducherry airport, PWD Minister Lakshminarayanan said in the Legislative Assembly on Tuesday that the union territory government is also considering the public-private-partnership, or PPP, mode of funding the project. In response to questions from Leader of the Opposition R Siva (DMK), R B Ashok Babu (BJP), and K Venkatesan (BJP), Lakshminarayanan stated that Rs 425 crore is required to acquire 273 acres of land in Tamil Nadu and 20 acres in Puducherry, according to the Airports Authority of India's detailed project report (DPR). The Puducherry government has asked the Centre to provide special financial assistance for the March 23, 2022 acquisition, as well as follow-ups in April, June, and July. Following that, a proposal was sent to the Ministry of Home Affairs (MHA), which included the valuation report from the Villupuram district collector. The MHA has yet to respond, according to Lakshminarayanan. At a high-level committee meeting organised by the MHA in collaboration with the governments of Puducherry and Tamil Nadu, the latter stated that the process of land acquisition will be initiated depending on whether the Centre or Puducherry provides compensation to land owners, Lakshminarayanan added. In response, Siva suggested that the Tamil Nadu chief minister be approached about land acquisition. While waiting for a response from the MHA, the Puducherry government is also looking into the PPP funding model, according to Lakshminarayanan. A meeting with MHA and AAI officials had been planned for January, but it was cancelled. He added that efforts are now being made to schedule a new meeting. With the Puducherry government still paying compensation of Rs 30 crore for the 150 acres of land acquired during the project's early days, this could be the union territory's share of the PPP investment, along with Rs 8 crore spent on security and electricity. Lakshminarayanan went on to say that compensation would be based on the market value of the land in the respective areas. Also Read Railways Minister says the first bullet train to run by 2026 NLC establishes green energy joint venture with Assam Discom

Next Story
Infrastructure Transport

Pune To Build Nine Km Link Road Between Highways

The Pune Municipal Corporation (PMC) has decided to appoint an expert to plan the development of a nine km long, 60 metre wide road from Khadi Machine chowk to Wadki chowk as an extension to the Katraj-Kondhwa road to link the Mumbai-Satara and Pune-Solapur national highways. The scheme is intended to divert heavy vehicle traffic away from the city and improve access between the two arterial routes. The project has been prioritised by the PMC and forms part of a larger set of schemes in which 19 roads have been identified for development at a combined cost of Rs 9.82 billion (bn) to address c..

Next Story
Infrastructure Transport

Barabanki Bahraich Six Lane Highway Approved in Uttar Pradesh

The Uttar Pradesh government has approved construction of a new six-lane highway linking Barabanki and Bahraich as part of National Highway 927, and the cabinet has cleared the project. The alignment will pass through Mustafabad and Kaiserganj and extend for about 101.5 km, creating a key corridor for local and long-distance movement. The National Highways Authority of India will oversee the work and has signalled the scheme is intended to strengthen regional connectivity and cross-border access to Nepal. The project carries an estimated total cost of Rs 69,690 million, equivalent to Rs 69.69..

Next Story
Infrastructure Transport

Toll At Kharegaon Likely As Highway Upgrade Nears Completion

A section of the highway at Kharegaon has undergone an upgrade and is approaching completion, and authorities have indicated plans for a toll to be introduced once works finish. The project has focused on strengthening the carriageway, improving drainage and upgrading intersections to enhance safety and capacity. Officials have said the toll will be used to recover construction costs and fund ongoing maintenance. The upgrade included resurfacing of the pavement, widening of certain stretches and installation of modern signage and lighting to reduce accident risk. Contractors completed most ma..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement