Airports: Loan of Rs. 1,000 crore for the development of four airports - DownGPT Airports: Loan of Rs. 1,000 crore for the development of four airports

Vijayawada: The AP government has approved a loan of Rs. 1000 crore for the development of four new airports in the state. To this extent, the government has issued orders allowing the Andhra Pradesh Airports Development Corporation Limited. The government has decided to guarantee the loan of Rs. 1000 crore to be taken through HUDCO. To this extent, the state government has approved the proposals of the Andhra Pradesh Airports Development Corporation Limited and issued orders.

Kuppam, Dagadarthy, Srikakulam, Amaravati This loan will be used for the development of airports. The government has clarified that the loan can be used for land acquisition, infrastructure costs, viability gap fund, and emergency use. State Infrastructure and Investment Department Secretary N. Yuvaraj issued orders to this effect. There are currently 7 airports in the state . Visakhapatnam, Tirupati, Kadapa, Rajahmundry, and Gannavaram airports are managed by the Airports Authority of India. Kurnool Airport is under the auspices of the state government, while Puttaparthi has a private airstrip. In addition to these, an international airport is being prepared in Bhogapuram. However, the state government has decided to build 7 more new airports in line with the growing needs. As part of this, a plan has been prepared to build new airports in Kuppam, Dagadarthi, Srikakulam, Tadepalligudem, Nagarjunasagar, Tuni Annavaram, and Ongole. To this extent, CM Chandrababu has already conducted a review on the expansion, construction and construction of new airports. As part of this, today the government has given permission to the Andhra Pradesh Airports Development Corporation Limited to take a loan of Rs. 1,000 crore for the development of Kuppam, Dagadarthi, Srikakulam and Amaravathi airports.

The government has started preparations for the construction of two greenfield international airports in AP. One of these is planned to be in the capital Amaravati and the other in Srikakulam district. In this regard, the Andhra Pradesh Airports Development Corporation (APADC) has also completed the tender process for the appointment of consultants to prepare a Technical and Economic Feasibility Report (TESR) to examine the pre-feasibility. The regulations state that the consultancy firm should also suggest the location that is suitable for the construction of the Amaravati International Airport. The APADC explained that the airport will be built in the north-east direction, 70 km from the city, near the sea coast in Srikakulam district. It has been stated that the consultancy firms should identify the technical and economic factors that will affect the construction and operation of these two airports .