The new ATC tower would be set up with a cost of Rs 326 crore, Airport Advisory Committee chairman Saugata Roy said after a meeting of the panel.
Personnel with the help of various equipment control and monitor air traffic from an ATC tower and a new tower would help in managing the traffic in a better way.
The airport which had faced criticism for water-logging and breaking of glass panels after its facelift in January 2013, has bagged an international award this year.
Plan is also afoot to install a solid waste compactor station to keep the surroundings of the airport garbage free, Roy said, adding, "This could be done quickly if we get funds from the central government."
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The AAI-run airport which is used by around 1.09 crore passengers a year has an operating surplus of Rs 326 crore, he said.
"Presently pre-paid taxis from the airport could go up to a maximum of 38 km and we are talking to the state's transport department to remove the ceiling," Roy said.