Tuesday, April 17, 2007

Govt to finalise JV partners for airports update
Tuesday, April 17, 2007 12:42 [IST]
PTI


New Delhi:Carrying forward the process of modernisation of airports, the government today indicated that it will complete the process of selection of joint venture partners for upgrading at least 12 non-metro airports by December.

The issue of modernising 35 airports and the time-table for completing the exercise was discussed at the meeting of Committee of Infrastructure held at Planning Commission under chairmanship of Deputy Chairman Montek Singh Ahluwalia.

In a presentation before the Committee, the officials of the Civil Aviation Ministry informed that the Airports Authority of India (AAI) has already appointed UTI Bank and Capital Fortunes Ltd as consultants for the city side development of 12 airports each in the North East region and Western and Southern region respectively.

The government proposes to complete modernisation of all non-metro airports by 2010.

As regards modernisation of metro airport at Chennai, the government is considering to set up a new airport either at Oragadam or Sriperumbudur as it may not be feasible to expand facilities at the existing airport for fear of flooding of Adyar river.

According to sources, the development of a greenfield airport at Oragadam, which is about 40 kilometres from city centre, would involve displacement of 5,500 people. In case the government narrows down to Sriperumbudur, more than 12,000 persons would have to be rehabilitated.


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