Sign In
Learn bits
Economy
Mahesh

15/06/22 07:38 AM IST

New Greenfield Airport Dholera

In News 
  • The Cabinet Committee on Economic Affairs chaired by Prime Minister Shri Narendra Modi has approved the proposal for development of Phase I of New Greenfield Airport at Dholera, Gujarat at an estimated cost of Rs. 1305 crore, to be completed within 48 months. 
About project
  • The project is being implemented by Dholera International Airport Company Limited (DIACL), which is a Joint Venture Company comprising Airports Authority of India (AAI), Government of Gujarat (GoG) and National Industrial Corridor Development and Implementation Trust (NICDIT) holding equity in the ratio of 51:33:16.
  • Dholera Airport is to get Passenger and Cargo traffic from Dholera Special Investment Region (DSIR) and is expected to become a major cargo hub to serve the industrial region. 
  • This Airport will also cater to the nearby region and serve as a second airport to Ahmedabad. 
  • The Airport is planned for operationalization from the year 2025-26 and initial passenger traffic is estimated to be 3 lakh passengers per annum, expected to grow to 23 lakh over a period of 20 years. 
  • The annual cargo traffic is also estimated from the year 2025-26 at 20,000 tonne, which would increase to 2,73,000 tonne over a period of 20 years.
Greenfield Airport
  • A greenfield project refers to a project that has built from scratch.
  • A project that started in a new area where there was nothing prior to that, that's either a barren land or land that has been acquired for the purpose of building the new project.
  • A Greenfield airport is a brand new airport that has come up in a new place where no airport existed.
  • Bangalore and Hyderabad airports are Greenfield airports whereas Delhi and Mumbai are not because there already existed airports and only development of the existing airport took place there.
Source-PIB 

More Related Current Affairs View All

23 Dec

National Farmers' Day

'National Farmers' Day in India, also known as Kisan Divas, is celebrated annually on December 23 to commemorate the birth anniversary of India's 5th Prime Minister, Choudhary Char

Read More

23 Dec

Telecommunications (Procedures and Safeguards for Lawful Interception of Messages) Rules, 2024

'The Union Government notified the Telecommunications (Procedures and Safeguards for Lawful Interception of Messages) Rules, 2024 which empower some enforcement and security agenci

Read More

20 Dec

National Quantum Mission

'National Quantum mission be implemented by the Department of Science & Technology (DST) under the Ministry of Science & Technology.' The mission planned for 2023-2031 a

Read More

India’s First Ai-Driven Magazine Generator

Generate Your Custom Current Affairs Magazine using our AI in just 3 steps