Land acquisition for airport only after clearance: Nerurkar

Tata Steel Managing Director, Mr H M Nerurkar today said the company will initiate the process of land acquisition for a proposed airport near the steel city only after clearance by the Director General of Civil Aviation (DGCA).
“We will start the land acquisition process once we get clearance from the DGCA, which is expected soon,” Mr Nerurkar said at a cake-cutting ceremony organised by Tata Steel to mark the New Year here.
He said the private steel major has a proposal to set up an airport in the vicinity of the city and requires 500 acres of land for the purpose.
Mr Nerurkar said Tata Steel will invest around Rs 450 crore to set up the airport.
01/01/12 PTI/Business Line

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Categories: airports Jan 2012, New Jan 2012