With the objective to improve and develop airport infrastructure to meet growing traffic demands, the Airports Authority of India (AAI) will undertake new development works at Lucknow, Deoghar, Rajkot and Allahabad airports.
AAI plans to construct new integrated passenger terminal building at Chaudhary Charan Singh International Airport, Lucknow at an estimated cost of Rs. 1230 crores. Passenger traffic at this airport has grown steadily during the last 5 years. The new terminal will be able to handle 4000 passengers during peak hour and 6.35 million passengers per annum.
At Deoghar in Jharkhand, AAI will develop the airport to facilitate joint use for civil operation up to Airbus-320 and DRDO operation up to C-130 type of aircraft. The work will be carried out at an estimated cost of Rs. 401.34 crore on fixed cost basis and Rs. 427.43 crore on completion cost basis. An MoU was signed between the Govt. of Jharkhand, DRDO and AAI in March, 2017. As per the MOU, there will be financial input to the tune of Rs. 50 Cr by Govt. of Jharkhand, Rs. 200 Cr by DRDO and balance cost by AAI.
To meet the demand of increasing air travel in Allahabad, a new civil enclave will be developed by AAI at an estimated cost of 125.76 crores. The new terminal is to be made operational before the 'Ardh Kumbh Mela' to be held in January 2019.
AAI will also take up the work of development of greenfield airport at Hirasar, Rajkot in Gujrat on Build, Operate and Maintain basis. Govt of Gujarat has provided the land free of cost and proposed the construction of the greenfield airport to meet the traffic potential of Saurashtra region, as indicated by its high level of economic growth, Ministry of Civil Aviation said in a press release issued here on Monday.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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
