New Delhi, February 24 The Cabinet Committee on Economic Affairs approved the development of the civil enclave at the Srinagar airport, with an estimated cost of Rs 1,677 crore, on Tuesday.
The civil enclave project will span 73.18 acres, and the new terminal building will be constructed over 71,500 square meters, according to an official release.
Information and Broadcasting Minister Ashwini Vaishnaw announced the approval for the project during a briefing following the Cabinet meeting in the national capital.
The project is estimated to cost Rs 1,677 crore, and the terminal building will be designed to handle 2,900 passengers during peak hours, with an annual capacity of 10 million passengers.
The government also stated that the project is expected to generate employment opportunities and stimulate investment.