REGULATORY · MARKET STRUCTURE · INDIA
India approves Srinagar airport civil enclave expansion
Change
India’s Cabinet Committee on Economic Affairs approved a Rs 1,677 crore civil enclave project at Srinagar airport, including a new 71,500 sq m terminal on 73.18 acres designed for 10 million passengers/year.
Why it matters
Cabinet approval converts the Srinagar civil enclave project into an authorized public investment with a stated budget (Rs 1,677 crore) and defined footprint (73.18 acres). The terminal specification (71,500 sq m) and throughput targets (2,900 peak-hour passengers; 10 million passengers annually) set a concrete capacity ceiling for future airline and airport operations. This change increases certainty for contracting, construction sequencing, and airport services scaling tied to the new terminal. It also formalizes the project’s role in local employment and investment expectations as stated by the government.
Implications
- • Srinagar airport civilian terminal capacity is set to expand to 10m pax/year design.
- • Project scope/budget now fixed, enabling tendering and contractor mobilization.
- • Airport service providers face a higher peak-hour design load (2,900 passengers).
- • Airline/ground ops assumptions shift with a larger terminal footprint (71,500 sq m).
Who is affected
- • Airlines operating or planning routes via Srinagar airport
- • Airports Authority/airport operators and terminal service providers
- • Construction, EPC, and airport infrastructure contractors and suppliers
- • Ground handling, retail/concessions, and airport logistics providers
Source
Read full article on Economic Times →
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