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AAI to spend Rs.15,000 cr on airport terminals in FY19

The Airports Authority of India (AAI), will be investing Rs.15,000 crore in financial year 2018-19, to expand the existing terminal buildings and construct new ones.

Guruprasad Mahapatra, AAI chairman stated, “All our terminal buildings will have additional facilities. For financial year 2018-19, terminal building projects worth Rs.15,000 crore would be launched. AAI plans to build 15 new terminal buildings in FY19.”

He further said that, the construction of new airport at Pakyong in Sikkim is completed at a cost of Rs.650 crore, along with Tezu airport in Arunachal Pradesh. Both the airports will soon be operational.

Further, giving details on the status of new airports across the country, he said Jharsuguda airport in western Odisha has been completed at a cost Rs.200 crore and would be inaugurated in April, the foundation stone for the Navi Mumbai airport would be laid soon, while another airport at Jewar in Greater Noida is in the planning stage.

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