 Chief Minister of Jharkhand, Raghubar Das, performed the ground breaking ceremony of the airport project on 24 January 2019 and the Government signed the MoU with AAI on the same day.Under the MoU, a joint venture company would be set up to construct the airport in which AAI would have a 51 percent stake while the State Government would own the remaining.According to the memorandum, AAI would invest Rs.