📋 Tender Overview
Scope: To Construct Parandur Greenfield Airport Near Chennai, Tamilnadu
The Tamil Nadu government planning for the proposed second greenfield airport project near Chennai.
The construction of the proposed Parandur Greenfield Airport would be completed by 2028. The project is expected to have an investment-to-return ratio of Rs. 100: Rs. 325. The industries minister stated that Chennai and its surrounding areas would face stagnant growth without an airport by 2028. The Greenfield airport at Parandur benefits Chennai, Kancheepuram, Tiruvallur, and Chengalpattu, as well as the expanding demands of south Indian states. A new airport is essential for connecting Chennai to other significant cities in the State and the nation and capitalising on global growth. The new airport will enhance the quality of life and bring economic advantages to the nearby villages of Parandur.
On November 2023, The Tamil Nadu government has given the nod to acquire 3,774.01 acres of patta land in Parandur and 19 other villages in Kancheepuram district for setting up a greenfield airport for Chennai. The government order to facilitate the acquisition has been issued.
It has been proposed to set up a greenfield international airport to cater to the air connectivity needs of passenger transportation and cargo movement. The airport will augment the airport infrastructure and facilities, and fuel economic growth as it would spur tourism, healthcare, logistics, and e-commerce sectors.
The Airport Authority of India (AAI) conducted a feasibility study and indicated that the Parandur site has the availability of airspace and relatively free of natural obstructions. It is also close to the upcoming Chennai-Bengaluru Expressway. Further, it will have a lesser impact in terms of displacement as the number of families to be displaced will be lesser. The new airport requires a total of 5,746.18 acres of land, including the patta and government lands. The project is to be executed by Tamilnadu Industrial Development Corporation (TIDCO).
The air passenger traffic of Chennai region is expected to reach 50 million by 2037 and grow further. The existing Chennai International Airport will reach its saturation by 2028, thereafter a new airport would be needed to meet the demand.
Moreover, the new airport will provide efficient cargo transportation and handling capacity for industries Tamil Nadu has and intends to attract.
On December 2022, The Tamil Nadu government has set the ball rolling for developing a new greenfield airport at Parandur near Chennai with a tender to select a consultant to prepare a Detailed Techno-Economic Report (DTER). The report will include forecasting the traffic (passenger, aircraft and cargo) up to FY69-70 at an interval of five years starting from FY23-24.
An investment of Rs 20,000 crore is being planned to develop the greenfield airport, 60 km from Chennai airport. It will annually handle 10 crore (100 million) people; it will feature two runw