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RVNL Signs MoU with AAI for Kolkata’s Airport Subway Project

Rail Vikas Nigam Ltd. (RVNL) has signed a Memorandum of Understanding (MoU) with Airports Authority of India (AAI) for constructing a subway to connect the operational area of Kolkata airport with AAI’s residential colony. This project will be developed at an estimated cost of Rs. 229.43 crore. RVNL shared this information in a stock filing dated March 22nd, 2024.

This airport subway project is expected to ease traffic congestion, improve accessibility and streamline the flow of traffic around the Kolkata airport. It will also ease the commute of airport staff and residents of the AAI colony to the Kolkata airport.