Puri International Airport: Adani, Fairfax, and GMR Places New Bids
BHUBANESWAR- Reportedly, the Adani Group has shown interest in developing the proposed international airport in Puri. The group emerged as one of the top three bidders during the second round of discussions held at the pre-bid meeting on Friday.
In addition to the Adani Group, representatives from two other prominent business conglomerates, Fairfax India Holdings Corporation, and GMR Group, also participated in the pre-bid meeting and expressed their interest in developing the airport, which is slated to be named Sri Jagannath International Airport.
Puri International Airport Bidders
Renowned for its extensive airport operations, the Adani Group currently manages airports in seven cities, including Mumbai, Ahmedabad, Lucknow, and Jaipur.
Similarly, Fairfax India Holdings Corporation holds a majority stake in Bengaluru International Airport, while the GMR Group operates airports in Delhi, Hyderabad, and Goa.
According to official sources, the second round of the pre-bid meeting took place approximately two months after the Industrial Infrastructure Development Corporation (Idco) issued a global bid for the phase-1 construction of the airport. The estimated cost for phase-1 construction is Rs 2,203 crore, which will be undertaken in a public-private partnership (PPP) mode.
“Representatives from these companies engaged in discussions with Idco officials and a multinational professional services firm. Various concerns were addressed, including the status of land acquisition, statutory approvals, and plans for future expansions,” stated an official speaking to TNIE.
Launch in Three Years
The airport’s phase-1 will be designed to accommodate 4.6 million passengers annually (MPPA). The project, which has received clearance from the Ministry of Civil Aviation (MoCA), will be developed in three phases, with an estimated cost of Rs 5,631 crore.
Spanning an area of approximately 1,164 acres, the airport will be situated in the Sipasarubali and Sandhapur areas under the Brahmagiri tehsil. The identified parcel includes 68.81 acres of forest land and 221.48 acres of private land, for which the acquisition process is already underway.
“The designated land will allocate approximately 100 acres for a multi-modal hub, equipped with modern recreational amenities,” the official explained. “Idco plans to construct a four-lane access road connecting the airport to the existing national highway. Additionally, over 1,000 acres have been earmarked for the airport’s future expansion.”
The construction of the Puri airport is expected to be finalized within three years.
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