The Planning Commission today said the major airports being modernised and developed through the PPP route are likely to see an expenditure of Rs 2,635 crore in the current fiscal.
Among these, the Mumbai Airport, which is being developed by the GVK Group, has plans to invest Rs 2,280 crore in 2010-11 as against 1,306 crore spent last year.
Indicating that the other three major airports--New Delhi, Hyderabad and Bangalore--which are being developed under the public-private partnership (PPP) model,are nearing completion, the Commission said together these airports would see an investment of Rs 355 crore in the current fiscal.
The construction of new terminal buildings at several airports, including Chandigarh, Lucknow, Ranchi and Varanasi, are likely to be completed this year, the Commission, adding 75 per cent of the greenfield airport in Sikkim is likely to be completed in this fiscal.
