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Airport modernisation program: AAI to borrow Rs. 2000 cr

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  • Published On: November 09, 2010
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The Airports Authority of India, which is upgrading and modernising two metro airports at Chennai and Kolkata and 35 non-metro airports across India at a cost of Rs 12,500 crore approximately, will fall short of its total requirement. The authority hopes to cover the shortfall of Rs 1500-2000 crore by borrowing from banks.
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