Airport infra development a continuous process, says Minister
The Airport Authority of India (AAI) and other Airport Developers have targeted capital outlay of approximately Rs.98,000 crore for the airport sector over the next five years for expansion and modification of existing terminals, new terminals and strengthening of runways, among other activities.
This update was given by the Minister of State in the Ministry of Civil Aviation Gen. (Dr) V. K. Singh (Retd) in a written reply to a question in Lok Sabha on 15 Dec 2022.
He also pointed out that the project costs of nine operationalized Greenfield airports are:
Durgapur-Rs.670 crore, Shirdi-Rs.320 crore, Pakyong-Rs. 553.53 core, Kannur-Rs.2,342 crore, Kalaburagi-Rs.175.57 crore, Orvakal (Kurnool)-Rs.187 crore, Sindhudurg-Rs.520 crore, Kushinagar-Rs.448 crore and Donyi Polo, Itanagar-Rs.646 crore.
Moreover, Delhi, Bangalore, Hyderabad, Lucknow, Mangaluru, Guwahati and Ahmedabad airports have earmarked a Capital Expenditure of Rs.10,550 crore, Rs.13,552 crore, Rs.6,288 crore, Rs.1,383 crore, Rs.567 crore, Rs.1,232 crore and Rs.376 crore, respectively, for the period 2019-25.
The Minister said upgradation and modernisation of airports’ infrastructure is a continuous process and is undertaken by AAI and other Airport Developers from time to time depending on the availability of land, commercial viability, socio-economic considerations, traffic demand and willingness of airlines to operate to-from such airports. fiinews.com
