The Airport Authority of India has decided to bring up the plan for modernisation and upgradation of the Kolkata airport for which there will be an investment of Rs.1,542 crore.

The amount put in by AAI will include the construction of a new terminal for domestic and international traffic and increasing its capacity to handle over 20 million passengers annually from the 4.4 million currently. About Rs.1,300 crore will be spent for a new terminal and Rs.100 crore for upgrading the cargo handling facility as well as improving the runway. Besides another Rs.100 crore will be required to upgrade the navigational systems.

The first phase of modernisation of the Kolkata airport will be completed by 2009-10, while decision on privatisation of the Chennai airport was likely to be taken by 31 May, 2007.

The decision on setting up of greenfield airports in Navi Mumbai and Pune has not yet been taken as the state government is yet to submit a final report.

Also See:
Meetings for Chennai airport project soon (16-Apr-07)

Related Links:
Project profile