Friday, August 23, 2019

Kalaburagi airport ready for operation, Karnataka govt to sign pact with MoCA on Aug 24

Bengaluru: The much delayed completion of Kalaburagi regional airport in Karnataka is likely to see the light of the day when the State government will sign a pact with Ministry of Civil Aviation [MoCA] after the construction of the airport was competed by the government following inordinate delay by private promoters that was terminated.
 In an official statement, Principal Secreatry and Managing Director, Karnataka State Industry and Infrastructure Development Corporation (KSIIDC) Ganga Ram Baderiya said that the development of the regional Airport had commenced in 2007 on PPP mode by M/s. Gulbarga Airport Developers Limited (GADL) – a consortium of Maytas Infra Ltd, NCC Infra Holdings & VIE India, and had invested Rs 25 Crore, but withdrew from the project.
As GADL could not complete the works and accordingly the contract was terminated. Later on, the Karnataka Government completed the developmental works at a cost of Rs.181 Crore excluding the land cost of 742 acres and the Airport is ready for operation.
 23/08/19 UNI
To Read the News in full at Source, Click the Headline


Post a Comment