NIP envisage Rs.91,000cr CAPEX 2019-20 to 2024-25
The Government has granted ‘Site Clearance’ for construction of 9 Greenfield airports at Alwar in Rajasthan, Singrauli in Madhya Pradesh, Mandi in Himachal Pradesh, Kottayam in Kerala, Puri in Odisha, Doloo in Assam, Parandur in Tamil Nadu, Kota in Rajashtan and Raichur in Karnataka https://aiaiindia.com/.
‘Site Clearance’ to 4 Greenfield Airport projects at Doloo, Parandur, Kota and Raichur has been granted during 2024, said the Ministry of Civil Aviation in a yearend review for 2024 https://www.conexpoconagg.com/.
Nine Greenfield Airports have been accorded ‘in-principle’ approval so far while 12 have been operationalized, the Ministry said on 3 Jan 2025 https://www.globaltenders.com/. The operationalized airports are at Durgapur, Shirdi, Sindhudurg, Pakyong, Kannur, Kalaburagi, Oravakal (Kurnool), Kushinagar, Itanagar, Mopa, Shivammogga and Rajkot https://ted.europa.eu/en/.
Further, development works at Noida (Jewar) and Navi Mumbai international airports are at advance stages of completion and are targeted for operationalization by first quarter of FY 2025-26 https://www.nseindia.com/.
Under National Infrastructure Pipeline (NIP), CAPEX of more than Rs.91,000 crore is envisaged for airport infrastructure development during the period FY 2019-20 to FY 2024-25. The Airport Authority of India share is approx. Rs.25,000 crore while remaining expenditure is to be borne by airport developers under PPP mode https://www.bseindia.com/.
Expenditure of approx. Rs.82,600 crores have been incurred under NIP from FY 2019-20 till November 2024, added the Ministry https://www.iata.org/. Fiinews.com
