Land for Aerotropolis

Calcutta: The Bengal government has handed over the second parcel of land for the proposed Aerotropolis project at Andal near Burdwan.
Bengal Aerotropolis Projects Ltd (BAPL), which is developing the project, has received 515.33 acres from the West Bengal Industrial Development Corporation through a 99-year lease agreement.
The integrated Aerotropolis project will be spread over 2,300 acres. The airport, which will be built on 650 acres, is scheduled to be operational by late 2011.
In October last year, Bengal had handed over the first tranche of 533.51 acres to BAPL. Singapore’s Changi is a strategic equity partner in the project.
The 1,049 acres received by BAPL include the requisite 650 acres for the airport.
The lease premium paid, so far, is around Rs 88 crore.
“We have started site preparation work for the airport, which will be followed by extensive civil construction work,” Subrata Paul, CEO of BAPL, said.
04/01/10 The Telegraph

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Categories: Airports Jan 2010, New Jan 2010