Green Field Airports

Geen Field Airports    Greenfield Airport means a new airport which is built from scratch in a new location because the existing airport is unable to meet the projected requirements of traffic. The word greenfield originates from software engineering, meaning a project which lacks any constraints imposed by prior work. Those projects which are modified or upgraded from existing facilities are called brownfield projects.                                  Setting up of Greenfield Airport

Keeping in view the enormous growth in air passengers and to encourage infusion of greater investment in airport sector, Government had pronounced a policy for greenfield airports in April,2008. As per this Policy, the promoter seeking to develop the airport has to submit the proposal to the Government for consideration by the Steering Committee.  Application for setting up of Greenfield airports are considered by the Steering Committee/competent authority for grant of `in principle` approval, after they have completed all necessary formalities of obtaining pre-feasibility study report, site clearance, clearances from regulatory agencies etc., Necessary action for project development, including acquisition of land, financing of the airport project, etc. is taken by the respective airport promoters. The timeline for construction of airport projects depends upon many factors such as land acquisition, availability of mandatory clearances, financial closure, etc. by the individual operators.

Posted in: General Issues