Adani group no longer interested to develop airport
Ahmedabad region is all set to get yet another international airport. The Aviation ministry has already accorded its nod to a greenfield airport project that will come up between Ahmedabad and Dholera.
As part of the early bird projects under Delhi-Mumbai Industrial Corridor (DMIC), prepared in consultation with respective state governments, it was envisaged to develop an international airport between Ahmedabad and Dholera in Gujarat, an aerotropolis near Jaipur in Rajasthan; and an international airport in Uttar Pradesh. This information was given by the Minister of Civil Aviation, Praful Patel in written reply to a question in Lok Sabha recently.
The airport which will predominantly handle cargo, will come up about 90 kms away from Ahmedabad. A team of aviation department was here recently to give final touches to the project, said sources familiar with the development.
Though the stage is set for a new airport between Ahmedabad and Dholera, Adani group is no longer interested in developing the airport. "Our primary interests remain in ports, power and energy related development and coal mining and trading. We have no interests in developing airports," said a senior official of Adani group.
Earlier, Adani group had shown interest in developing the airport project. The company had also studied the area. Besides Adani, JK Group has also envisaged interest in the project in the past, industry sources said. However, JK Group has also decided to pull back from it, said an official of JK Group.
"Acquiring about 5 km land for the runway is a herculean task. Being a low lying area there is problem of water logging in Federa region. As a result, the cost of construction is very high," said an industry expert familiar with the project.
In February this year, the Airports Authority of India (AAI) has giventhe much-needed technical clearance to the greenfield international airport at Federa village, according to reports.
Federa was earmarked by the state government two years ago due to its strategic importance. It has a logistic proximity to Dholera, which falls under the influence of the Delhi-Mumbai Industrial Corridor (DMIC). The airport, spread over 28 sq km, will have two different runways for takeoff and landing in about 4.5 km.
Besides, the Japanese government is aiming to set up a 'mini Japan' in Federa-Dholera region.
The state government issued a notification to the Dholera SIR Regional Development Authority (DSRDA) in February this year. The authority will create the necessary infrastructure and make land allotments to units proposing to set up their operations here.
The government has already notified about 1 lakh hectares of land in 22 villages in the region and an investment of Rs 1 lakh crore is expected to flow in the region.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
