India to spend $13bn on 100 airport schemes by end of next year
9 February 2023
The government of India is planning to begin 100 airport projects by the end of next year, according to the country’s civil aviation minister.
The Business Standard website reports that VK Singh announced the plan in a written reply in the Rajya Sabha, the upper house of India’s parliament. He said the government would develop the facilities as part of its Regional Connectivity Scheme.
The minister commented: “Airports Authority of India (AAI) and other airport operators have targeted a capital outlay of approximately ₹98,000 crore [$13bn] in the airport sector across India by 2025 for the construction of greenfield airports and terminals, the expansion and modernisation of existing terminals and the strengthening of runways, among other activities.
“Out of this, more than ₹25,000 crore [$3bn] capital expenditure is being incurred by AAI and the remaining by private airport operators and developers.”
The greenfield airports that will be completed in the next five years include Navi Mumbai in Maharashtra, Vijayapura, Hassan and Shivamogga in Karnataka, Noida in Uttar Pradesh, Dholera and Hirasar in Gujarat, and Bhogapuram in Andhra Pradesh.
Modernisation and upgrades are planned for airports in Delhi, Bengaluru, Hyderabad, Lucknow, Guwahati, Ahmedabad and Mangaluru.
Finance minister Nirmala Sitharaman added in her budget speech that provision had been made for 50 new airports, heliports, water aerodromes and “advance landing grounds”.
Related
-
Gamuda to develop 600MW wind and solar with BESS in Tasmania
4 July 2025
-
Hidroelectrica awards EUR 9.5 mln floating photovoltaic system in Romania
3 July 2025
-
Zijin Mining to acquire Kazakhstan gold mine for $1.2bn
3 July 2025
-
Consortium wins Egypt desalination plant EPC contract
3 July 2025
-
Mozambique Grants Zambia Land for Dry Port Project in Nacala
2 July 2025
-
Madagascar signs deal to develop 50 MW of solar with 25 MWh of storage
2 July 2025