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English Release 30-October 2014
Date Month Year
  • President's Secretariat
  • President to flag off the ‘Run for Unity’ tomorrow at Rashtrapati Bhavan
  • Vice President's Secretariat
  • STUDENTS FROM J&K UNDER AEGIS OF SADBHAVNA EDUCATIONAL /MOTIVATIONAL TOUR CALL ON VICE PRESIDENT
  • Vice President Inaugurates 7th Asia-Pacific Heart Rhythm Scientific Session
  • Prime Minister's Office
  • PM condoles loss of lives in Sri Lanka landslide
  • Shri Azim Premji calls on the Prime Minister
  • Goa CM calls on PM
  • Department of Space
  • Engineers’ Conclave-2014 to be held in Bangalore
  • Min of Agriculture
  • Shaida Moh. Abdali Afghanistan Ambassador Calls on Union Agriculture Minister Shri Radha Mohan Singh
  • Good Performance of NCDC
  • Min of Consumer Affairs, Food & Public Distribution
  • Sugar production estimated 250.46 lakh tons during 2014-15
  • Ministry of Finance
  • Government Announces Measures for Fiscal Prudence and Economy; Every Ministry / Department to Effect A Mandatory 10% Cut in Non-Plan Expenditure; Utmost Economy to be Observed in Organizing Conferences/Seminars/Workshops; Ban on Purchase of Vehicles; in all Cases of Air Travel, the Lowest Air Fare Tickets Available for Entitled Class to be Purchased/Procured.
  • Government Committed to Increase Savings Rate in the Country: Secretary, Financial Services;
  • Finance Minister Asks the Senior Officers of the Income Tax Department not to Lose Sight of Domestic Black Money
  • Min of Health and Family Welfare
  • For ending TB, Dr Harsh Vardhan calls for “Power of belief”
  • Min of Home Affairs
  • Activities on Rashtriya Ekta Diwas celebrations on 31st October
  • Union Home Minister Approves Grant of Higher Compensation to Victims of Riots, Naxal and Terrorist Violence
  • Min of Human Resource Development
  • Ministry of HRD to Host 2nd Meeting of SAARC Education Ministers
  • Min of Minority Affairs
  • Shri Arvind Mayaram is New Secretary of Minority Affairs
  • Min of Personnel, Public Grievances & Pensions
  • Early closure of Government Offices today in connection with the “Run for Unity” flag off at Vijay Chowk
  • ACC Appointments
  • Min of Petroleum & Natural Gas
  • Global crude oil price of Indian Basket was US$ 85.14 per bbl on 29.10.2014
  • Min of Urban Development
  • Japan offers assistance in promoting Intelligent Transport Systems
  • Ministry of Water Resources
  • Uma Bharti to Visit Kanpur Tomorrow
  • Min of Women and Child Development
  • Smt. Maneka Sanjay Gandhi to hold first round of Regional Consultations on Beti Bachao Beti Padhao Scheme in Chandigarh tomorrow

Previous Date

 
Cabinet Committee on Economic Affairs (CCEA)22-November, 2012 20:22 IST
Development of Integrated Passenger Terminal Building and associated works at Netaji Subhash Chandra Bose International Airport, Kolkata

The Cabinet Committee on Economic Affairs today approved the revised cost estimate of Rs.2325 crore for the modernization and expansion of Netaji Subhash Chandra Bose International Airport, Kolkata (NSCBI) including construction of an integrated terminal building. Earlier, the CCEA considered the proposal of the Ministry of Civil Aviation in July 2008 and approved it for an amount of Rs.1942.51 crore. Thereafter, based on award of certain packages of work, by competitive bidding and review of scope of certain works, the project cost increased to Rs.2325 crore.

The airport is likely to be inaugurated on 23rd January, 2012 on the birthday of Netaji Subhash Chandra Bose.

The revised estimated cost of the work is Rs.2325 crore and the same will be met through internal resources and borrowings. Term loan assistance of Rs.986 crore i.e. about 42% of project cost has been considered at 10% interest rate per annum with nine years repayment period including moratorium period of two years. The ratio between internal resources and borrowings has been revised at 58:42 to fund the project.

Work on the Integrated Passenger Terminal Building was completed in August, 2012 except Zone-I of the building, which forms the extreme and of the domestic portion of the integrated terminal. The zone-I is expected to be completed by December, 2012.

The number of passengers (embarking and disembarking) utilizing the terminal facilities over the project period is based upon the traffic projections. The total international passenger traffic handled grew @3% upto the year 2008-09, 8% upto the year 2012-13 and 10% thereafter. Similarly, domestic passenger traffic handled grew @(-) 3% in the year 2008-09, 12% in the year 2009-10, 15% in the year 2010-11, 18% in the year 2011-12 and 2012-13 and 15% thereafter.

The planned annual handling capacity of 4 million passengers on international side of the integrated terminal is expected to get saturated in the year 2023-24. Similarly the domestic side having annual handling capacity of 16 million is expected to get saturated in the year 2015-16.

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SH/SK
(Release ID :89269)

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