Saturday, November 12, 2011

Phase I of Navi Mumbai airport to be operational by 2015: City Industrial and Development Corporation

THANE: Phase I of the long-awaited "greenfield" Navi Mumbai International Airport (NMIA), will become operational by 2015, a nodal agency for the project said today.

The Navi Mumbai Airport is proposed to be developed through public-private participation in which CIDCO/AAI will hold 26% equity and rest will by held by private developers.

The Ministry of Environment and Forests (MoEF) in November last gave its approval for developing the Navi Mumbai airport, which would be one of world's few "greenfield" international state-of-art airports offering world class facilities to passengers cargo, aircrafts and airlines.

The site of airport is located in an area of 1140 hectares.

The nodal agency, the City Industrial and Development Corporation (CIDCO) of Maharashtra today said it had taken up a number of steps to speed up the process concerning operationalisation of the airport.

According to a press release, discussions on the entitlements and land acquisition models are in the final stage.

The release further said that CIDCO has appointed M/s Consulting Engineers Services Ltd to suggest optimum design methods to blast the hill at the construction site and fill the same so as to make it ready for implementation.

After completion of the report, CIDCO, with the approval of Government of Maharashtra shall commence the advance land development which will optimise the time involved in construction of airport so as to make Airport construction to begin by 2012 and to commence the operation of Phase-I of NMIA by 2015, it said.

http://economictimes.indiatimes.com

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