New Delhi: Government-run Airports Authority of India (AAI) will invest around Rs 1,400 crore in expansion of Chennai airport and in setting up an air traffic control (ATC) tower at Kolkata.
AAI will take up the second phase of the Chennai airport development, earlier planned to be given to a private entity, in a public-private partnership (PPP) deal. It will develop one of the tallest ATC towers (83 metres from ground level) at the Kolkata airport, spending Rs 300-400 crore. Expansion of the other infrastructure might not be taken up for now, sources said.
At Chennai, it plans to integrate the domestic and international terminals. The estimate is at least Rs 1,000 crore for developing the airport, sources said.
Recently, the Union government had scrapped the move to develop four airports at Kolkata, Chennai, Jaipur and Ahmedabad through PPP. The government said AAI had already invested a huge sum at these airports. It has out in Rs 4,500 crore in modernising the airports at Chennai and Kolkata.
24/09/15 Sumesh Jha/Buisness Standard
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AAI will take up the second phase of the Chennai airport development, earlier planned to be given to a private entity, in a public-private partnership (PPP) deal. It will develop one of the tallest ATC towers (83 metres from ground level) at the Kolkata airport, spending Rs 300-400 crore. Expansion of the other infrastructure might not be taken up for now, sources said.
At Chennai, it plans to integrate the domestic and international terminals. The estimate is at least Rs 1,000 crore for developing the airport, sources said.
Recently, the Union government had scrapped the move to develop four airports at Kolkata, Chennai, Jaipur and Ahmedabad through PPP. The government said AAI had already invested a huge sum at these airports. It has out in Rs 4,500 crore in modernising the airports at Chennai and Kolkata.
24/09/15 Sumesh Jha/Buisness Standard
