Cabinet may clear 2nd Mumbai airport today

New Delhi: In a bid to ease congestion at existing Mumbai airport, the government may approve a proposal of the civil aviation ministry to construct second airport in the city near Navi Mumbai. The proposal is expected to come up for approval before the Cabinet meet on Thursday.
The proposal on the new civil aviation policy may, however, be deferred as PMO has sought more clarifications over some of the provisions of the draft policy, an official source said.
The second airport in Mumbai would be constructed under the public private partnership (PPP) model by a (SPV). The government wants to develop this airport on a fast-track basis as existing Mumbai airport is expected to become saturated by 2012.
The new airport is proposed to be developed in four phases with a total investment of about Rs 10,000 crore. When fully complete by 2028, the airport would have capacity to carry 40 million passengers per annum (mppa). By then number of air travellers for Mumbai is expected to grow to about 90 million passengers per year from 20 million passengers at present.
31/05/07 Subhash Narayan/Economic Times

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Categories: Airports May 2007, New May 2007