Karnataka govt signs MoU with AAI for development of

Image
Press Trust of India Bengaluru
Last Updated : Aug 24 2019 | 4:35 PM IST

The Karnataka government on Saturday signed a Memorandum of Understanding (MoU) with the Airports Authority of India for the development, operation and maintenance of Kalaburagi airport.

The signing of the agreement would open the doors of the Hyderabad-Karnataka region in terms of aviation connectivity to Bengaluru and also to the entire country, the government said in a release.

It would facilitate overall economic development of backward Hyderabad-Karnataka region, that has been provided special status under article 371 J of the Constitution.

The MoU was signed between Karnataka Industrial Infrastructure Development Corporation Ltd (KSIIDC) on behalf of Government of Karnataka and Airports Authority of India (AAI) in the presence of Kalaburagi MP Umesh Jadhav, Chief Secretary T M Vijay Bhaskar among others.

The state government had accorded its administrative approval for the development of Kalaburagi Airport on March 27, 2007.

Till now, a total expenditure of Rs 230 crore has been incurred on development and construction of Kalaburagi airport, the release said adding about Rs 22 crore has been spent on acquisition of 742 acres of land and Rs 208 crore for the construction work.

The development works of the airport have been undertaken by the Public Works department along with the technical guidance from M/s RITESIndia Pvt Ltd.

The works were nearing completion and the first trial run of flights has been conducted during August 2018.

Kalaburagi Airport has been qualified for operations during the third round of bidding/selection under the Regional Connectivity Scheme-UDAN (RCS-3.0), the release said.

Alliance Air and Godhavath Air Pvt. Ltd. have been qualified as "Selected Airline Operator (SAO)" for Kalaburagi-Bangalore-Kalaburagi, Kalaburagi-Hindan-Kalaburagi, Kalaburagi-Tirupati-Kalaburagi routes.

The development of Kalaburagi Airport had commenced in 2007 on PPP mode by Gulbarga Airport Developers Limited [GADL

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

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

More From This Section

First Published: Aug 24 2019 | 4:35 PM IST

Next Story