Sunday, November 04, 2007

Chennai airport project contract likely by Feb

New Delhi: The development work for Chennai airport is likely to be completed by June 2010 with the Airports Authority of India (AAI) planning to award the contract by the middle of February next year and give the winning bidder 28 months to complete the project.
Official sources told Business Line that the AAI Board had approved a detailed project report for the development of the airport and a note had been sent to the Ministry of Civil Aviation for holding a Public Investment Board meeting to enable the project to move ahead. The PIB approval is required as the project cost exceeds Rs 150 crore, officials indicated.
During the first phase, which is to be completed by 2010, there are plans for two multilevel car-parking areas, each with space for 1,200 vehicles. In addition, there would be a new domestic terminal that can handle 10 million passengers annually.
The new construction would allow the airport to handle an additional 4 million international and 10 million domestic passengers annually, thereby taking the annual handling capacity to 16 million domestic passengers and 7 million international passengers.
03/11/07 Ashwini Phadnis/Business Line
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