Govt gives nod for 18 new airports at Rs 30,000 crore

The union government has accorded in principle approval for setting up 18 airports. The combined cost is estimated at Rs 30,000 crore.

According to Minister of State for Civil Aviation Jayant Sinha, the government has granted “in principle” approval for the greenfield airports.

“Citing information provided by developers, the total estimated cost for setting up of the 18 airports “comes out to Rs 30,000 crore (approximately)”, Sinha said.

“As regards construction of new greenfield airports, execution of project including finalisation of project cost and financing arrangement is the sole responsibility of the respective airport promoters,” he said in a statement.

The 18 airports include Mopa (Goa), Navi Mumbai, Shirdi and Sindhudurg (Maharashtra), Bijapur, Gulbarga, Hasan and Shimoga (Karnataka), Kannur (Kerala), Pakyong (Sikkim), Karaikal (Puducherry), Dholera (Gujarat) and Bhogapuram (Andhra Pradesh).

Download Now – Special Research Report

A 110 page special research report that highlights around 580 key investments happened in the year 2018-19.

Daily Newsletter

Enter your email address:

Delivered by FeedBurner