Saturday, December 14, 2013

AAI agrees to take up greenfield airport project in Bijapur

Bangalore: The Airports Authority of India (AAI) has agreed to take up a greenfield airport project in Bijapur, Minister for Infrastructure Development S R Patil disclosed on Friday.
Addressing reporters, he said the State government has agreed to bear 50 per cent cost of levelling the undulated and rocky surface of the land identified for the airport construction, located about 11 kms from Bijapur town. The levelling work is estimated to cost about Rs 100 crore, he added.
The government’s earlier attempt to implement the project on public-private partnership basis failed with the promoter – Marg Ltd -- pulling out of the contract. The Marg Ltd had taken the physical possession of 727 acres of land identified for the project and had also set up a site office. The estimated cost of the Bijapur airport was Rs 200 crore. The company had signed the project development agreement with the government in January 2010.
13/12/13 Deccan Herald
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