Tata Steel Managing Director H M Nerurkar today said the company will start land acquisition process in connection with the proposed airport near the steel city here after getting clearance from Director General of Civil Aviation (DGCA).
“We will start land acquisition process once we get clearance from DGCA,which is expected soon,” Nerurkar said at a cake-cutting ceremony organized by Tata Steel to mark the New Year here.
He said the private steel major had a proposal to set up an airport in the vicinity of the city and required 500 acres of land for the purpose.
Nerurkar said Tata Steel will invest around Rs 450 crore to set up the airport.
About the ongoing expansion of the Jamshedpur plant here,Nerurkar said the major challenges before the company was to develop infrastructure following the completion of the ongoing expansion when Tata Steel will become 9.6 million tonne capacity plant in next few months.
Appealing people in and around to co-operate in improving the infrastructure,he said the company has proposal to develop fly-overs,road corridors to ease the prevailing traffic congestion one by one from next couple of months.
In fact,the Tata Steel Board of Directors have already approved the infrastructure development proposal,currently waiting state government’s approval,worth over Rs.1300 crores.