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Investments worth Rs 91,000 cr expected for airports development: Govt

The government has accorded in-principle approval for setting up 21 greenfield airports

Topics
Airports | aviation sector in India

Press Trust of India  |  New Delhi 

Airport
Photo: Shutterstock

Investments worth Rs 91,000 crore will be made for developing existing and new in different parts of the country, as several measures are being taken to boost the civil aviation sector, the government said on Monday.

The government has accorded in-principle approval for setting up 21 greenfield and 8 of them, including Pakyong (Sikkim), Kannur (Kerala), Orvakal (Andhra Pradesh), Kalaburagi (Karnataka) and Kushinagar (Uttar Pradesh), are now operational.

In written replies to the Rajya Sabha, Minister of State for Civil Aviation VK Singh said the Authority of India (AAI) has taken up a development programme to spend around Rs 25,000 crore in the next 4 to 5 years for expansion and modification of existing terminals, new terminals and strengthening of runways, among other activities.

"Three Public-Private Partnership (PPP) airports at Delhi, Hyderabad and Bengaluru have undertaken major expansion plan to the tune of Rs 30,000 crore by 2025.

"Additionally, Rs 36,000 crore has been planned for investment in the development of new greenfield airports across the country under PPP mode," Singh said.

Currently, there are 13 airports operated by private companies under the Public-Private Partnership mode. Out of them, 8 belong to AAI -- Delhi, Mumbai, Lucknow, Ahmedabad, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram.

The five other airports at Hyderabad, Bengaluru, Cochin, Kannur and Durgapur belong to the respective state governments.

AAI has leased out the 8 airports to the PPP partners for operation, management and development of these airports on a long term lease basis. It receives revenues from the PPP partners in the form of revenue share at Delhi and Mumbai and Per Passenger Fee (PPF) at other six airports throughout the concession period.

Singh emphasised that "AAI remains the owner of these airports and all these airports will come back to AAI once the concession period is over".

As on date, under the regional air connectivity scheme UDAN (Ude Desh ka Aam Nagrik), 393 routes have commenced connecting 62 unserved/underserved airports, including 2 water aerodromes and 6 heliports.

Singh noted that the government continues to undertake several measures to make the civil aviation sector a major attraction and to develop it as a major partner in the national economy.

In another written reply, the minister said that more than 2,17,000 flights have been operated under the Vande Bharat Mission and over 1.83 crore passengers have been facilitated.

"The operations under Vande Bharat Mission were commercial operations by the airlines and airfares were paid by passengers. The Ministry of Civil Aviation has not provided any subsidy/grant for the Vande Bharat Mission," he added.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mon, November 29 2021. 19:52 IST
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