REGULATORY · COMPETITIVE · INDIA
Tamil Nadu notifies Parandur airport as Special Project
Change
The Tamil Nadu government notified the Parandur greenfield airport as a 'Special Project' under the Tamil Nadu Land Consolidation (for Special Projects) Act, 2023 on 2 March.
Why it matters
Special-project status applies to projects requiring over 100 hectares of land. The State has acquired 1,700 acres of the total 5,746 acres (2,172.72 hectares) required for the airport. The project area contains multiple waterbodies. The government plans to float bids for the ₹27,400-crore project later this year; the airport is structured in four phases with a target handling capacity of 100 million passengers per year.
Implications
- • 4,046 acres remain subject to acquisition to meet the 5,746-acre requirement.
- • Land parcels that include waterbodies will be processed under special-project land-consolidation procedures.
- • Planned bidding for the ₹27,400-crore project is scheduled for later this year.
Who is affected
- • State land-acquisition and consolidation authorities
- • Infrastructure developers and prospective bidders
- • Landowners and local planning authorities in Parandur
- • Environmental regulators and water-resource planners
Source
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