State greenlights Rs 2.21 bn for Karad Airport Development
AVIATION & AIRPORTS

State greenlights Rs 2.21 bn for Karad Airport Development

It was announced by the state government that a sum of Rs 2.21 billion was approved for the transformation of the existing airstrip at Karad in Satara district into an airport.

Prithviraj Chavan, who was the Chief Minister at the time, championed this project. However, it faced delays due to the necessity of cutting hills and diverting transmission lines and roads for the expansion.

An airport already exists in Kolhapur, with a distance of approximately 75 km between Karad and Kolhapur. According to the civil aviation policy, the establishment of a new airport within a 150 km radius of an existing airport is not permitted. Nevertheless, the state clarified that they are expanding Karad in this instance.

The airstrip, constructed in 1955 by the Public Works Department to support the Koyna dam, served extensively during Chavan's term as CM and is currently primarily utilized by flying schools. The Maharashtra Airport Development Company is overseeing the ongoing expansion of the airport, which currently spans 65 acres and lacks night navigational facilities.

As per a government resolution (GR) issued, the state had previously approved Rs 950 million in 2012. Subsequently, on the same day, a plan for ?221 crore was sanctioned.

The process of land acquisition is anticipated to incur a cost of Rs 79o million, leading to the demolition of numerous houses. Additionally, Rs 70.12 million will be allocated for rehabilitation, and ?20 crore will be spent on procuring land for rehabilitation. The construction of the terminal building is estimated to cost over Rs 100 million.

Chavan expressed, "This marked the inception of the first airport by the inaugural Maharashtra CM, Yashwantrao Chavan. It held the distinction of being the first airport situated in a taluka place, chosen for its location along the National Highway. During floods, when Kolhapur Airport was inaccessible, Karad airport facilitated sorties. ATRs aircraft can land there. I am sincerely grateful to Deputy Chief Minister Devendra Fadnavis for approving this. Currently, a flying school with four aircraft is operational here."

It was announced by the state government that a sum of Rs 2.21 billion was approved for the transformation of the existing airstrip at Karad in Satara district into an airport. Prithviraj Chavan, who was the Chief Minister at the time, championed this project. However, it faced delays due to the necessity of cutting hills and diverting transmission lines and roads for the expansion. An airport already exists in Kolhapur, with a distance of approximately 75 km between Karad and Kolhapur. According to the civil aviation policy, the establishment of a new airport within a 150 km radius of an existing airport is not permitted. Nevertheless, the state clarified that they are expanding Karad in this instance. The airstrip, constructed in 1955 by the Public Works Department to support the Koyna dam, served extensively during Chavan's term as CM and is currently primarily utilized by flying schools. The Maharashtra Airport Development Company is overseeing the ongoing expansion of the airport, which currently spans 65 acres and lacks night navigational facilities. As per a government resolution (GR) issued, the state had previously approved Rs 950 million in 2012. Subsequently, on the same day, a plan for ?221 crore was sanctioned. The process of land acquisition is anticipated to incur a cost of Rs 79o million, leading to the demolition of numerous houses. Additionally, Rs 70.12 million will be allocated for rehabilitation, and ?20 crore will be spent on procuring land for rehabilitation. The construction of the terminal building is estimated to cost over Rs 100 million. Chavan expressed, This marked the inception of the first airport by the inaugural Maharashtra CM, Yashwantrao Chavan. It held the distinction of being the first airport situated in a taluka place, chosen for its location along the National Highway. During floods, when Kolhapur Airport was inaccessible, Karad airport facilitated sorties. ATRs aircraft can land there. I am sincerely grateful to Deputy Chief Minister Devendra Fadnavis for approving this. Currently, a flying school with four aircraft is operational here.

Next Story
Products

TOTO India Launches Premium G & L Showers with Sleek Faucet Range

TOTO India has launched its G Shower and L Shower series, alongside an expanded range of GT, LH, and Pull-Out lavatory faucets. The collection blends advanced technology, refined aesthetics, and everyday comfort, staying true to TOTO’s philosophy of creating spaces that are both beautiful and functional. The G Shower series delivers the 3Rs of showering: Relaxing, Refreshing, and Revitalizing. Features include the Calming Shawl spray mode, Warm Spa technology, and multiple overhead and hand-shower options across eight finishes. The L Shower complements this with easy-to-use controls sui..

Next Story
Infrastructure Energy

Hero Future Energies Secures Funding for 120 MW Hybrid Project

Hero Future Energies (HFE), through its SPV Clean Renewable Energy Hybrid Three, has secured Rs 19.08 billion in funding from the State Bank of India (lead) and Canara Bank. The funds will be used to develop and construct HFE’s 120 MW renewable energy hybrid project at Kurnool, Andhra Pradesh. The project, contracted with SJVN, integrates wind, solar, and storage technologies to deliver reliable peak power. With a 21-year repayment period, the funding ensures timely execution and the commencement of commercial operations. The financial closure demonstrates continued lender confidence in..

Next Story
Infrastructure Energy

IOC GPS Renewables Raises Rs 8.36 billion Debt for Compressed Biogas Plants

IOC GPS Renewables Private Limited (IGRPL), a joint venture between IndianOil Corporation  and GPS Renewables, has raised Rs 8.36 billion (approx. US$ 95 million) in debt financing from Indian Bank to execute nine Compressed Biogas (CBG) projects across India.   The funding is the largest single-bank debt raise in the CBG sector and the first fully non-recourse financing in India for these projects. The plants—four in Haryana, three in Uttar Pradesh, one each in Chhattisgarh and Andhra Pradesh—will each produce 15 tonnes of CBG per day using paddy straw as feedstock. All nin..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?