Friday, December 16, 2011

15 green field airports get ‘in-principle’ approval

So far, Government of India has granted ‘in-principle’ approval for setting up of 15 green field airports newly at Mopa in Goa; Navi Mumbai, Shirdi and Sindhudurg in Maharashtra; Shimoga, Gulbarga, Hassan and Bijapur in Karnataka; Kannur in Kerala; Durgapur in West Bengal; Pakyong in Sikkim; Datia/Gwalior (Cargo)in Madhya Pradesh; Kush9nagar in Uttar Pradesh; Karaikal in Puducherry and Paladi/Ramsinghpura near Jaipur in Rajasthan
Necessary action for project development, including acquisition of land, financing of the airport project, etc. is taken by the respective airport promoters. The timeline for construction of airport projects depends upon many factors such as land acquisition, availability of mandatory clearances, financial closure, etc. by the individual operations.
The Airport Economic Regulatory Authority finalises its Regulatory Philosophy and Approach in Economic of Airport operators through various orders issued from time to time after comprehensive consultation with stakeholders.
15/12/11 Press Information Bureau
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