BBC London Political Editor
Hotel Tycoon Surinder Arora has announced that it is presenting a heathro expansion plan that rival a proposal from the owners of the airport.
The Arora Group of the billionaire said that the “primary advantage” of the scheme presented to the government was a small new runway that avoids expensive and disruptive requirement to divert the M25 motorway.
The company said that the full-length employed by the airport would result in the construction of the third runway 2,800 meters instead of the 3,500-meter runway and would survive the “spilling cost”.
The airport refused to comment on the Arora group’s proposal.
The use of a small runway may have a limit, although the Arora group insisted that it would be able to accommodate the aircraft of all sizes.
The announcement means that for the first time, Heathro will have two bids on the table to create a third runway.
The Arora Group stated that its plan, called Heathro West, can operate a new runway completely by 2035, while a new terminal will open in two phases in 2036 and 2040.
The plan developed with Infrastructure Company Bechtel is estimated to be less than £ 25 billion, which does not include redevelopment of the current central region of the airport.
Heathro said that in 2018 he could complete his runway for £ 14 billion, but now it is expected to cost billions more.
In June, Government invited competitive proposals For the expansion of Heathro and the deadline of 31 July set.
Sri Arora, who is one of the biggest landlords of Heathro, said: “After a decade working with our world-aged design and delivery team, I am very proud that the Arora group can finally unveil the UK government’s Heathro West offer.
“The Arora group has a proven track record of distributing time and on-budget projects including at and around the Heathro airport.
“We are happy that the government has taken a general knowledge approach to invite proposals from all interested parties for the first time instead of giving uniqueness to the current airport operator, whether it is a track record.”
Shri Arora has repeatedly accused the airport of wasting money.
Carlton Brown, CEO of Heathro West, said the new company will be able to focus on time and expansion by working with stakeholders, including airlines, communities and businesses.
He said, “Finally, I want to help Heathrow to become the best associated nation in the world and facilitate the trade and inward investment of our UK economy,” he said.
In December 2024, French company Ardian completed a deal to become Heathrow’s largest shareholder with a 23% stake, while Saudi Arabia’s sovereign money fund bought 15%.
Chancellor Rachel Reeves gave His support for the third runway in a speech on development in January,
Heathro will present its expansion plan to the government on Thursday.
It planned to re -start a third runway by resumping the M25 motorway between 14 and 15, through a tunnel under the new runway.
After receiving the proposal, Transport Secretary will review Heidi Alexander Airport national policy descriptionWhich provides the basis for decision making on any development consent order application.
Heathro is considered open to a discussion with the airlines about the construction of a small runway if it can provide similar benefits.
If expanded, the number of flights at Heathro Airport can go up to 720,000 – or on average about 2,000 a day. They are currently overshadowed at 480,000 in a year.
Heathro told the BBC that it would eventually be able to serve 140 million passengers in a year after being in the third runway operation.
Paul McGinness, president of the No. 3 Runway Alliance, said that he was worried that thousands of people would have to resume for a plan to move forward.
He said: “There is a real danger that we would end up with a hole in the ground and a debt pile for taxpayers, as the government had foolishly encouraged Heathro’s cheerful selfishness, such as blind for a lesson of HS2.”
In the past, cost, Kovid epidemic and legal challenges have all been found in the way of any development.
A third runway was first proposed by the Labor Government of Gordon Brown in 2009, but was finally given Go-Farward by the Supreme Court in 2020.
‘Development is important’
Last bid drowned Partly was from a legal challenge from five local councils and the mayor of London.
Several members of the present government – which included Prime Minister Sir Kir Stmper – voted against a heathro expansion in protest.
But Sir Keir told the BBC that the government has climate commitments, “But development is really important”.
Asked in January this year, when the government announced that it was in favor of a third runway, London Mayor Sadi Sadiq Khan refused to join any future legal challenge for expansion.