Bengal Aerotropolis Projects Limited, the specialist company engaged in the development of Aerotropolis projects in the country, received second tranche of 515.33 acres of land for the proposed Aerotropolis project in Andal.

With this, BAPL has received a total of 1049 acres of land which includes the requisite 650 acres for the airport, which is an integral part of the Aerotropolis project.

The second tranche of land was recently handed over to BAPL by West Bengal Industrial Development Corporation through a 99 years lease agreement signed between BAPL and WBIDC.

During October 2009 WBIDC handed over the first tranche of 533.51 acres of land required for the project to BAPL

The cumulative lease premium paid, so far, by BAPL is INR 884,871,802

Mr Subrata Paul CEO of BAPL said “We have already received approximately 1049 acres of land in two phases and have started site preparation work for the airport, which will be followed by extensive civil construction work. We are expecting to receive the remaining portion of over 1000 acres of land within next few months.”

The integrated Aerotropolis project is spread over approximately 2300 acres of which the airport will be built on 650 acres of land. The airport is scheduled to be operational by late 2011. BAPL has already commenced site preparation work for the country’s first privately owned airport. The airport is expected to have a passenger volume of approximately 400,000 passengers. This passenger traffic in the region surrounding Durgapur in West Bengal is expected to grow by as much as 12% in the next few years.