The road for the kick-starting first flight from Navi Mumbai International Airport (NMIA) project gets cleared. The state cabinet has given its approval for the development of the airport project to start at the earliest. The nod from cabinet’s end was the final technical clearance to start infrastructure development of the airport.
The NMIA project, which was highly-awaited to come up at Navi Mumbai will decongest the Chhatrapati Shivaji International Airport (CSIA). The City and industrial Development Corporation of Maharashtra (CIDCO) has estimated the passenger count in the initial years of operation as 10 million, which is expected to spike up to 25 million in 2025 and 40 million in 2030.
As per the nodal agency, the City and Industrial Development Corporation of Maharashtra (CIDCO), the passenger count expected in the first year of operation is 10 million, which is estimated to increase to 25 million in 2025 and to 40 million in 2030.
GVK-led MIAL group would soon receive the Letter of Award (LOA) of the contract that bagged the bid to construct the airport. On February 13, the financial bid was won by both CIDCO and MIAL.
Bhushan Gagrani, the Managing Director of CIDCO stated that “we will issue the LOA to MIAL in the next one or two days. The CIDCO work will be completed by December 2018.”
While Mohan Ninawe, senior public relations officer of CIDCO said that, “the MIAL can then begin work on financial closure, which includes finalising upon the financiers for the project.”
Around 45 flights exceeding to 48 hours in peak hours is seen by MIAL presently. Earlier expected to become operational in 2012, the NMIA exceeded its completion time limit because of the rehabilitation of the 3,500 affected families and delay in the closing of financial bid.