August 14, 2018 2:24 PM

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Govt proposes new transaction structure for future of greenfield airports to address challenges regarding airport infrastructure development

<span style="color: #222222;">The government has proposed a new transaction structure for future of greenfield airports to address the challenges regarding airport infrastructure development. </span><br />'' <br />'' <span style="color: #222222;">This is being proposed under Nextgen Airports For Bharat (NABH), Nirman initiative and its guiding principles are affordability, sustainability and predictability.</span><br />'' <span style="color: #222222;"> </span><br />'' <span style="color: #222222;">Addressing a press conference in New Delhi, Civil Aviation Minister Suresh Prabhu said, the aim of the initiative is to expand airport capacity more than five times to handle a billion trips a year. </span><br />'' <br />'' <span style="color: #222222;">A detailed note on the proposed transaction structure has been put on the Civil Aviation Ministry and the feedback can be received till 14th September.</span><br />'' <span style="color: #222222;">Mr Prabhu said, the sector is fastest growing sectors and the government is committed to make air travel affordable to all. He said, all efforts are being made to provide world-class airports to the people. </span><br />'' <br />

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