Wednesday, July 30, 2014

Odisha signs pact with AAI to develop Jharsuguda airport

The Odisha government today inked a memorandum of understanding (MoU) with the Airports Authority of India (AAI) for developing the airport at Jharsuguda at a cost of Rs 210 crore.

The AAI owned airport spread over 909.22 acres of land at Jharsuguda is not in full-fledged operations. Presently, only air traffic control tower is functional and a few charter aircrafts are operating. Odisha has only one operational airport- the Biju Patnaik international airport in Bhubaneswar with facilities for both domestic and international flight operations.

The development of a full-fledged airport at Jharsuguda known for its concentration of industries, is set to give a boost especially to the operating industrial units. The airport's business is expected to be driven chiefly by corporate travellers.

Two of Vedanta Group firms- Sterlite Energy, an independent power plant (IPP) with its 2400 Mw coal-fired plant and Sesa Sterlite with 1.75 million tonne aluminium smelter have established their presence at Jharsuguda. Besides, there is a concentration of sponge iron units in the Jharsuguda-Rourkela belt.
30/04/14 Bhubaneswar/Business Standard
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