The Government of India has granted environment clearance for the construction of the new Bhogapuram International Airport in the State of Andhra Pradesh (AP).
With a total estimated cost of INR22.6bn ($351.8m), the new airport will be constructed in the town of Bhogapuram in Vizianagaram district near Visakhapatnam.
The project will take place under a public–private partnership (PPP) as part of a design, build, finance, operate and transfer (DBFOT) concession framework.
During the first phase of the development, an airstrip will be constructed to accommodate the Airbus-A380 aircraft.
In addition, a new runway is expected to be developed alongside a range of connected facilities, reported PTI.
Once operational, the new Bhogapuram airport is expected to reduce traffic congestion at the existing Vishakhapatnam Airport in AP.
The airport is expected to accommodate nearly 6,300,000 passengers a year initially, and 18,000,000 passengers upon completion.
In October 2016, the Indian Government granted 'in principle' approval to Bhogapuram International Airport Corporation (BIACL) for the development of the greenfield airport.
In April this year, India's Ministry of Environment, Forest and Climate Change Expert Appraisal Committee (EAC) provided environmental clearance for the construction of the new airport.
The airport is anticipated to be completed by the end of December next year.
In addition, the central government has given approval for another proposal focused on expanding the Runway 26 at Vijayawada International Airport in Krishna District, Gannavaram, AP.