AAI to interpose Rs 1,400 crore capex for modernising Chennai, Kolkata airports

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New Delhi: The Airports Authority of India (AAI) is backing adult investments of upto Rs 1,400 crore in expanding Chennai and Kolkata airports. This came, after a Centre junked an progressing devise to rise 6 airports by a open private partnership (PPP) model. A source during AAI pronounced antithesis from a particular airports, from Parliamentary committees led to scrapping of PPP plan.

All investments in during slightest these dual airports will now have to be finished by AAI itself and sources pronounced a Authority might lift debt to account enlargement of these dual airfield projects. Chennai will get a code new demeanour with over Rs 1,000 crore being pumped in to enhance and seamlessly confederate domestic and general terminals during a airfield and also yield connectivity with a metro rail project.

AAI to modernize Chennai, Kolkata airportsAAI to modernize Chennai, Kolkata airports

AAI to modernize Chennai, Kolkata airports

“The problem in Chennai has been that AAI was means to finish usually partial one of a two-phase plan for modernising a airfield before a Government motionless to wire in a private zone for a job. But now there is a change in meditative in a Government and AAI will finish a plan of formulating a seamless transport knowledge for Chennai airfield users,” an AAI source said.

He also pronounced an ATC building needs to come adult in Kolkata that might need upto Rs 400 crore investment.

AAI is operative to designate a plan consultant for completing a modernisation of Chennai airport. At a impulse a skeleton are to mobile a supports compulsory for modernising Chennai from inner resources, a source said.‎ AAI has already pumped in over Rs 2,000 crore into Chennai airport.

AAI has also allocated RITES to commence a investigate on how city side growth can be finished around airports during Lucknow, Tirupathi and Raipur. “We could demeanour during improved car parking comforts or environment adult aviation associated infrastructure,” a source said.‎