Nagpur airport transfer deferred again

Mumbai: Modernisation of Nagpur airport seems stuck on the runway. The civil aviation ministry has once again put off handing over the airport assets to the Maharashtra Airport Development Company (MADC), which is developing a multi-modal international hub in Nagpur (MIHAN).
Civil aviation minister Praful Patel is believed to have told the state government that the assets would be transferred only after the Union Cabinet gives its approval to the special purpose vehicle formed between the MADC and the Airport Authority of India (AAI).
In the meantime, the ministry first wants the MADC and the state government to complete the land acquisition process for MIHAN and a special economic zone being developed as part of the project, sources said.
The civil aviation ministry’s stand comes as a kind of anti-climax to the Maharashtra government’s much-spirited effort to get the AAI to hand over the assets. In fact, chief minister Vilasrao Deshmukh was keen on settling the issue.
28/08/07 Economic Times

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Categories: Airports Aug 2007