Mumbai: Union civil aviation secretary R.N. Choubey held a review meeting on the Navi Mumbai airport with State chief secretary Sumit Malik, and officials from the aviation ministry, the Airports Authority of India, and the Directorate General of Civil Aviation on Monday.
The civil aviation ministry and the Navi Mumbai International Airport (NMIAL), who bid for the project, signed an initial agreement to avail of the reserved services such as air traffic management, customs control, immigration, security, and meteorological services.
GVK Power and Infrastructure had in January signed a concession agreement with the CIDCO, the town planning authority, to create a special purpose vehicle, NMIAL, for developing the airport. GVK, through its subsidiary, Mumbai International Airport, holds 74% stake in the NMIAL, while the CIDCO has 26%.
The initial concession period is 30 years from the appointed date which could be extended for 10 years.
As per the memorandum of understanding signed by Mr. Choubey and G.V. K. Reddy, chairman, NMIAL, a joint coordination committee is being set up with representatives of all the agencies concerned, to ensure smooth rendering of the reserved services.
17/04/18 The Hindu
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The civil aviation ministry and the Navi Mumbai International Airport (NMIAL), who bid for the project, signed an initial agreement to avail of the reserved services such as air traffic management, customs control, immigration, security, and meteorological services.
GVK Power and Infrastructure had in January signed a concession agreement with the CIDCO, the town planning authority, to create a special purpose vehicle, NMIAL, for developing the airport. GVK, through its subsidiary, Mumbai International Airport, holds 74% stake in the NMIAL, while the CIDCO has 26%.
The initial concession period is 30 years from the appointed date which could be extended for 10 years.
As per the memorandum of understanding signed by Mr. Choubey and G.V. K. Reddy, chairman, NMIAL, a joint coordination committee is being set up with representatives of all the agencies concerned, to ensure smooth rendering of the reserved services.
17/04/18 The Hindu
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