Maharashtra govt releases Rs 52.70 cr for Kolhapur airport expansion
07 Jun 2022
2 Min Read
CW Team
On Wednesday, the Maharashtra government issued the order to release Rs 52.70 crore funds for the land acquisition process to be carried out for the Kolhapur airport expansion.
Vice-chairman and managing director of the Maharashtra Airport Development Company (MADC), Deepak Kapoor, told the media that the company received the State Govt order releasing Rs 52.70 CR for the land acquisition of Kolhapur Airport. This will significantly help in expediting the Kolhapur Airport expansion work.
In April, the state government allotted Rs 212.25 crore for the land acquisition process.
The decision was taken at a high-level meeting conducted by Maharashtra chief secretary Manukumar Shrivastav. Land measuring 25.91 hectares is to be acquired to carry out the expansion works of the airport.
Kolhapur airport director, Kamal Katariya, told the media that for the runway expansion the land acquisition is very essential.
A frequent flyer from Kolhapur, Sandeep Shinde, told the media that鈥檚 great news for the whole of South Maharashtra, fully operational Kolhapur airport is needed for the overall development of the South MH Sangli- Karad- Satara- Kolhapur- belt. Training school at the current karad airport is another good decision.
Kolhapur district is developing in terms of tourism, art, trade, education, culture, technology, and agriculture with new opportunities opening up, and the airport expansion will give an augmentation to the development ahead.
Direct flight service from Kolhapur airport is catering to Tirupati, Mumbai, and Hyderabad currently.
IndiGo airlines resumed the Kolhapur-Ahmedabad flight service thrice a week from June 3.
Also read: Airport expansion work in Thoothukudi to be completed by Sept 2023
On Wednesday, the Maharashtra government issued the order to release Rs 52.70 crore funds for the land acquisition process to be carried out for the Kolhapur airport expansion.
Vice-chairman and managing director of the Maharashtra Airport Development Company (MADC), Deepak Kapoor, told the media that the company received the State Govt order releasing Rs 52.70 CR for the land acquisition of Kolhapur Airport. This will significantly help in expediting the Kolhapur Airport expansion work.
In April, the state government allotted Rs 212.25 crore for the land acquisition process.
The decision was taken at a high-level meeting conducted by Maharashtra chief secretary Manukumar Shrivastav. Land measuring 25.91 hectares is to be acquired to carry out the expansion works of the airport.
Kolhapur airport director, Kamal Katariya, told the media that for the runway expansion the land acquisition is very essential.
A frequent flyer from Kolhapur, Sandeep Shinde, told the media that鈥檚 great news for the whole of South Maharashtra, fully operational Kolhapur airport is needed for the overall development of the South MH Sangli- Karad- Satara- Kolhapur- belt. Training school at the current karad airport is another good decision.
Kolhapur district is developing in terms of tourism, art, trade, education, culture, technology, and agriculture with new opportunities opening up, and the airport expansion will give an augmentation to the development ahead.
Direct flight service from Kolhapur airport is catering to Tirupati, Mumbai, and Hyderabad currently.
IndiGo airlines resumed the Kolhapur-Ahmedabad flight service thrice a week from June 3.
Image Source
Also read: Airport expansion work in Thoothukudi to be completed by Sept 2023
Next Story
Reliance, Diehl Advance Pact for Precision-Guided Munitions
Diehl Defence CEO Helmut Rauch and Reliance Group鈥檚 Founder Chairman Anil D. Ambani have held discussions to advance their ongoing strategic partnership focused on Guided and Terminally Guided Munitions (TGM), under a cooperation agreement originally signed in 2019.This collaboration underscores Diehl Defence鈥檚 long-term commitment to the Indian market and its support for the Indian Government鈥檚 Make in India initiative. The partnership鈥檚 current emphasis is on the urgent supply of the Vulcano 155mm Precision Guided Munition system to the Indian Armed Forces.Simultaneously, the 鈥淰ulc..
Next Story
Modis Navnirman to Migrate to Main Board, Merge Subsidiary
Modis Navnirman Limited has announced that its Board of Directors has approved a key strategic initiative involving migration from the BSE SME platform to the Main Board of both BSE and NSE, alongside a merger with its wholly owned subsidiary, Shree Modis Navnirman Private Limited.The move to the main boards marks a major milestone in the company鈥檚 growth trajectory, reflecting its consistent financial performance, robust corporate governance, and long-term commitment to value creation. This transition will grant the company access to a broader investor base, improve market participation, en..
Next Story
Global Capital Flows Remain Subdued, EMEA Leads in Q1 2025
The Bharat InvITs Association鈥檚 industry update for Q1 2025 shows subdued global capital flows, with investment volumes remaining at the lower end of the five-year range despite a late 2024 recovery. According to data from Colliers and MSCI Real Capital Analytics, activity in North America declined slightly, while EMEA maintained steady levels and emerged as the top region for investment in standing assets.The EMEA region now hosts seven of the top ten cross-border capital destinations for standing assets, pushing the United States鈥� share of global activity below 15 per cent. Meanwhile, in..
