New Delhi, June 14 (FN Bureau) The Cabinet Committee on Economic Affairs chaired by Prime Minister Narendra Modi on Tuesday approved the proposal for development of Phase I of New Greenfield Airport at Dholera in Gujarat at an estimated cost of Rs 1305 crore. The airport is planned to be completed within 48 months. The project is being implemented by Dholera International Airport Company Limited (DIACL), which is a Joint Venture Company comprising Airports Authority of India (AAI), Government of Gujarat and National Industrial Corridor Development and Implementation Trust (NICDIT) holding equity in the ratio of 51:33:16, a Cabinet release stated.
Dholera Airport will get Passenger and Cargo traffic from Dholera Special Investment Region (DSIR) and is expected to become a major cargo hub to serve the industrial region. This Airport will also cater to the nearby region and serve as a second airport to Ahmedabad. The New Greenfield Airport at Dholera is situated at an aerial distance of 80 Km from Ahmedabad, Airport. The Airport is planned for operationalization from the year 2025-26 and initial passenger traffic is estimated to be 3 lakh passengers per annum. The passenger traffic is expected to grow to 23 lakh over a period of 20 years, the release said. The annual cargo traffic is also estimated from the year 2025-26 at 20,000 tonne, which would increase to 2,73,000 tonne over a period of 20 years, it added.