Project Aranmula Airport got Favour from Green Tribunal
30 April 2013
Chennai
Project KGS Aranmula International Airport in Pathanamthitta district in Kerala got a reprieve on Tuesday when the National Green Tribunal, Chennai Bench, dismissed a petition that challenged the project. Earlier The Green tribunal has objected the project and no-objection certificate given by the state government for the project.
The Rs 2,000 crore airport is promoted by Chennai-based KGS Group which has interests in diversified fields including real estate, infrastructure, paper and engineering. The Kerala government has a 10% equity stake in the airport project.
“We always knew that the Green Tribunal’s verdict will be favourable to us because we have not violated any norms laid down by any authority. The dismissal of the petition by the tribunal will help the company speed up work on the project. We will now go forward with the project, with the co-operation of the people of Aranmula and Pathanamthitta district in particular, the state government, and all the stake holders,” said Gigi George, managing director of KGS Aranmula International Airport.
Source – http://www.thehindubusinessline.com/news/states/oushadhi-plans-expansion-eyes-rs-200cr-turnover/article4669975.ece
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