GREENFIELD AIRPORT

The bids have to be submitted by June 4 and will be opened next day

The airport will have a capacity of handling 4.6 million passengers per annum in Phase-1

Subject to regulatory approvals, there will be an international facility in Phase-1 itself

Total land area of the airport will be around 1,184 acres

bids have to be submitted by June 4 and will be opened the next day.

The project cost, according to IDCO, is ₹2,203 crore. The airport will have a capacity of handling 4.6 million passengers per annum (MPPA) in Phase 1. In Phase 2, it is expected to be 10.18 MPPA and in Phase 3, 16.69 MPPA.

According to a document reviewed by businessline, potential developers also asked if the airport will be developed as an international facility in Phase 1 itself. IDCO clarified that subject to regulatory approvals, the airport is expected to be international in the first phase itself.

Details provided by IDCO reveal that the total land area of the airport will be around 1,184 acres out of which 100

acres are earmarked for city side development. The land has been valued at ₹300 crore. IDCO will provide a 4-lane access road to the airport.

TOP OPERATORS

The three companies control majority of the airports in India, with the Adani Group is the largest operator. The company operates airports in Mumbai, Ahmedabad, Lucknow, Mangaluru, Jaipur, Guwahati and Thiruvananthapuram. The Adani Group has said it will invest ₹60,000 crore over the next 10 years to develop its airports into aviation hubs and commercial attractions for city residents. Fairfax India Holdings Corp led by Canadian billionaire Prem Watsa owns a majority stake in Bangalore