MIDC implements DBFOT project

Work on a new airport at ParuleChipi in Sindhudurg district of Maharashtra will be completed in June 2018.

It is being constructed by IRB Sindhudurg Airport Pvt Ltd on a design-build-finance-operate-transfer (DBFOT) basis for the Maharashtra Industrial Development Corporation (MIDC).

Sindhudurg airport will have a 2,500-meter runway which has provision for future development. The airport will be built at an approximate cost of Rs.520 crores.

It will have the capacity to handle 200 departing and 200 passengers arriving during peak hours with expansion facilities to serve up to 400 departing and 400 arriving passengers without additional construction.

Although the airport will be serving domestic travellers, it will be equipped with facilities to serve International charter flights.

The airport will provide connectivity to the Konkan region of Maharashtra, parts of Goa, North Karnataka and Western Maharashtra.

At present the state of Maharashtra has three functional international and 13 domestic airports. fii-news.com