New Delhi: A new airport is coming up in Mandi district of Himachal Pradesh at the estimated cost of 900 crores, excluding the cost of land.
Ministry of Civil Aviation and Govt. of Himachal Pradesh have signed MoU (Memorandum of Understanding) for development of a Green Field Airport in Nagchala, Mandi District of Himachal Pradesh, official release said.
This greenfield airport is being developed under the Greenfield Airport Policy of MoCA and a Joint Venture Company between State Government of Himachal Pradesh and Airport Authority of India has been formed.
Projected land requirement for airport is 515 acres approx. and the project is estimated to cost around Rs 900 crore excluding the cost of land.
Speaking on the occasion, Jyotiraditya M. Scindia, Union Civil Aviation Minister said, “We are committed to provide last mile connectivity to the people of Himachal Pradesh.”
“With this aim in mind, we are developing new aviation infrastructure as well as upgrading existing facilities in Himachal Pradesh whether it is development of new green field airport in Mandi or acquisition of additional land for extension of runways at existing airports, ” he added.