Andhra to develop 8 airports under PPP plan

New Delhi: The Andhra Pradesh government will invite expressions of interest for eight minor airports to come up in the hinterlands under a public-private sector initiative.
The airports will be set up in Nellore, Kothagudem, Tadepallegudam, Bobbili, Ramagundam, Kurnool, Nizamabad and Ongole. Each airport project is expected to cost Rs 50 crore.
The project will also include city-side development which includes real estate projects around the airport.
"What we are proposing is a hub-and-spoke model in which the new Hyderabad airport will act as a hub while these smaller airports will enhance intra-state connectivity," said Sanjay Jaju, vice-chairman and managing director of the state-owned Infrastructure Corporation of Andhra Pradesh Ltd, which is overseeing the project.
Each airport will come up on 500 to 600 acres of land with a runway length of 6,000 feet (less than half the runway at the new Hyderabad facility), feasible for small aircraft like ATRs and CRJs. To be eligible to bid, private sector companies should have a net worth of Rs 25 crore for the last financial year and must have commissioned at least one infrastructure project worth Rs 50 crore since April 1, 2002.
19/01/08 Anirban Chowdhury/Business Standard

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Categories: Airports Jan 2008, New Jan 2008