Thursday, July 12, 2018

AAI may partner Gujarat government for Dholera Airport Project

The Airport Authority of India (AAI) is likely to partner with the government of Gujarat to build the Rs 2,000 crore Dholera airport project. Equity participation between AAI and government of Gujarat will be 51% and 49%, respectively. “Process of taking all necessary approvals is in fast track and is likely to be completed in next few months,” Jai Prakash Shivahare, managing director, Dholera Industrial City Development said.
The airport at the biggest upcoming greenfield city in India under the Delhi-Mumbai Industrial Corridor (DMIC) project at Dholera will be built over four years. “The Airport Authority of India has agreed to be an equity partner to build an airport here and we hope work to begin in this calendar year. A proposal to this effect has already been moved to the Civil Aviation ministry,” he said.
ET independently checked with AAI officials, who confirmed that DICDL has proposed a 51:49 partnership for the airport, which is now under consideration.
12/07/18 Shramana Ganguly/Economic Times