AAI to spend Rs. 25,000 cr in next 5 years for expansion of airport terminals
07 Dec 2021 17:25:58
New Delhi, December 7: Airports Authority of India or AAI which is the government body in charge of overseeing the civil aviation infrastructure, is planning to spend about Rs. 25,000 crore in the next 5 years to expand and modify the existing terminals, said the government in Parliament.
An investment of Rs 36,000 crore too, has been planned to develop new greenfield airports across India under the PPP mode. In August this year, the Centre gave its ‘in-principle’ approval for setting up 21 greenfield airports.
Ministry of Civil Aviation said in a statement, “Airports Authority of India (AAI) has taken up a development programme to spend around INR 25,000 crores in next five years for expansion and modification of existing terminals, new terminals, expansion or strengthening of existing runways, aprons, Airport Navigation Services (ANS), control towers, technical blocks etc.”
The spending is part of several measures being undertaken by the Centre to revive civil aviation in India in the wake of severe disruptions caused by the Covid-19 pandemic, said MoS for Civil Aviation V K Singh, in a written reply to a question in Rajya Sabha on Monday.
A few other measures that are being carried out are the major expansion of 3 public-private partnership (PPP) airports in Delhi, Hyderabad, Bengaluru for Rs. 30,000 crore by year 2025.
An investment of Rs 36,000 crore too, has been planned to develop new greenfield airports across India under the PPP mode. In August this year, the Centre gave its ‘in-principle’ approval for setting up 21 greenfield airports.
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Due to Covid-19, domestic operations were suspended from March 2020 and were subsequently resumed from May 2020 33% of capacity. The capacity restrictions were relaxed in October 2021.
Ministry of Civil Aviation said in a statement, “Airports Authority of India (AAI) has taken up a development programme to spend around INR 25,000 crores in next five years for expansion and modification of existing terminals, new terminals, expansion or strengthening of existing runways, aprons, Airport Navigation Services (ANS), control towers, technical blocks etc.”