In order to fast track the four airports' project, the state government in Andhra Pradesh has recently initiated the process for these green field airports. The first project coming up in the Orvakal, Pudicherla, and Kannamadakala villages in Kurnool district of Andhra Pradesh, state's Revenue Department has recently handed over 639 acres of land to the Managing Director of Bhogapuram International Airport Corporation Limited (BIACL) for setting up the mega project. The BIACL is the project proponent for developing four Greenfield airports at Bhogapuram (Vizianagaram district), Kuppam (Chittoor), Orvakal (Kurnool), and Dagadarthi (Nellore). It was formed as a SPV under the Companies Act, 2013, for implementation of the Bhogapuram Aerotropolis Project that comprises an international airport, an MRO (Maintenance, Repair, and Overhaul) facility and an Aviation Academy. The allotment is subject to payment of market value at the rate of Rs.8 lakh per acre and some other conditions. A proposal from the District Collector for allotment of the land was cleared by the state Land Management Authority last year.
📅Published on:
07 February 2017
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