One militant was killed in the exchange of firing, Director General of Police SP Vaid said.
"Three BSF jawans and a policeman were injured. Firing is ongoing," according to BSF officials.
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The terrorists are holed up inside the building campus of the 182nd Battalion camp, BSF officials said.
Airport operations have been suspended as the security forces were fighting militants who had breached into the 182 battalion headquarters of BSF located in Gogoland, police said.
This battalion is entrusted with security of runway of the Srinagar airport.
Adjacent to the camp is the old Srinagar air field which is been run by the Indian Air force.
The area also houses training centres of the BSF and CRPF.
Schools in the vicinity of the airport have been closed.
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