Thursday, November 22, 2012

Cabinet revises Kolkata airport overhaul budget

New Delhi: The Cabinet Committee on Economic Affairs Thursday approved the revised cost estimate of Rs 2,325 crore for the modernization and expansion of Netaji Subhash Chandra Bose International Airport, Kolkata (NSCBI) including construction of an integrated terminal building.
Earlier, the CCEA had considered the proposal of the Ministry of Civil Aviation in July 2008 and approved it for an amount of Rs.1942.51 crore.
Thereafter, based on award of certain packages of work, by competitive bidding and review of scope of certain works, the project cost increased to Rs.2325 crore.
According to official sources, the airport is likely to be inaugurated on Jan 23, 2013 on the birthday of Netaji Subhash Chandra Bose.
The revised estimated cost of the work is Rs.2325 crore and the same will be met through internal resources and borrowings, said CCEA.
22/11/12 India Blooms
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