Chandigarh airport can take off now

Chandigarh: Things have finally fallen in place for the start of construction of the Chandigarh International Airport with the Punjab government today receiving Rs 230.43 crore from Haryana as part of the latter’s share towards land acquisition for the project.
In another related development, the Airports Authority of India (AAI) has given sanction for the construction of the boundary wall of the airport, which will cover an area of 306 acres. According to the letter received from the AAI, the construction will start straight away after floating of tenders for the project. The AAI is likely to spend Rs 550 crore on the construction of various facilities, including the main terminal, at the airport.
The process of the formation of a Joint Venture Company (JVC), which was earlier coming in the way of receipt of payment from Haryana by Punjab, is also likely to be expedited with PricewaterhouseCoopers set to present a final draft of the proposed JVC to the tripartite committee consisting of members from Punjab, Haryana and Chandigarh next week. The consultants had given their first presentation on the likely shape of the JVC to the committee around 10 days back.
Punjab civil aviation secretary Visvajit Khanna confirmed that a cheque for Rs 230.43 crore had been received from the Haryana Urban Development Authority (HUDA) on behalf of Haryana.
07/11/08 Jangveer Singh/The Tribune

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Categories: Airports Nov 2008, New Nov 2008