The Indian Government has approved the construction of a new greenfield international airport at the Mopa village in the western state of Goa, with an investment of around Rs 33bn ($500m).
To be located 35km away from the state's capital city Panaji, the airport will be developed in four phases by 2045.
After the final phase, the airport will have 13.1 million passenger capacity annually, catering to both the tourism and business markets.
Goa Chief Minister Laxmikant Parsekar said the project includes the construction of the airport as well as a six-lane road to connect it with the national highway.
The first phase will cost Rs18bn and will be completed by 2019.
With a capacity to serve 4.9 million passengers a year, the first phase will have one runway, with half parallel taxi-way, and three runway exits.
The Mopa airport will operate alongside the existing Dabolim International Airport that is operated by the Indian Navy.
The state-owned Airports Authority of India, GVK Mumbai, GMR Airport, Essel Infra Mumbai and Voluptas Developers have qualified to apply for the Request for Proposals.
The winning bidder will operate the airport for 60 years under a build-own-operate-and-transfer basis.
The chief minister said that the primary criteria for selecting a contractor would be the percentage of revenue it would share with the State.
India's first private greenfield airport was opened at Durgapur in the state of West Bengal in May this year.
Image: The new greenfield airport will operate alongside the existing Dabolim International Airport. Photo: courtesy of Dylano04 / Wikipedia.