Construction of Navi Mumbai Airport Might Exceed 2019 Deadline


The Navi Mumbai airport is likely to miss its 2019 deadline.

Nearly six months after the GVK-led Mumbai International Airport Ltd won the contract to build and operate the new airport for Rs 16,000 crore, the government is yet to clear the validity of its bid.

“The bid is before the Cabinet for final approval and a letter of allotment. In any case, we would be handing over the site to GVK after the pre-development work is completed,” said Bhushan Gagrani, vice chairman and managing director of City and Industrial Development Corporation. Read More…

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