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02 August 2021

Adani expedites ₹16,000-cr Navi Mumbai airport project

Adani
The construction work on the ₹16,000 crore Navi Mumbai International Airport (NMIAL), which is now under the management of Adani group, is all set to start shortly. The airport will start functioning from the year 2024. Adani Airport Holdings Ltd (AAH) has taken over the management of both Mumbai International Airport Ltd (MIAL) and NMIAL and the process of land acquisition has been completed. CIDCO is the implementation agency for the new airport. Given the recovery of air traffic to the pre-Covid level, especially in the international sector, revisiting project timelines will be beneficial to all parties concerned, including the state government. The airport will be located in Uran and will be the second airport in Mumbai Metropolitan region after the existing Chhatrapati Shivaji Maharaj International Airport in the Vile Parle...Read More
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