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    AAI earmarks Rs. 15,000cr for new airports

    Airports Authority Of India
    In a major decision to link the remote and far flung areas of the country with air connectivity, Airports Authority of India (AAI) has chalked out a plan to invest Rs 15,000-cr over the next four years in the development and upgradation of airports. The outlay will include cost for installing solar capacities at several airports dotting the country. In this connection, a plan was approved recently by the Civil Aviation Ministry, which has also created a four-member team to monitor the targets. Of the Rs 15,000cr, a whopping Rs 13,000-cr would be invested on upgrade, expansion, and extension of 39 airports and about Rs 2,000-cr is to be spent over revival and upgrade of airports in smaller cities. The rest is to be spent over installation of solar power capacity at various airports, said official sources.
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