Wednesday, November 21, 2007

Reliance to bid for Navi Mumbai airport

Mumbai: Mukesh Ambani-owned Reliance Industries, which is promoting the Navi Mumbai Special Economic Zone, will bid for the proposed Navi Mumbai airport.
Anand Jain, a close confidant of Reliance Industries Chairman Mukesh Ambani, and also in charge of the SEZ ventures of the Reliance Group, on Tuesday said that Reliance would bid for building a greenfield airport at Navi Mumbai, not far from the SEZ and the second in the western metropolis.
The proposed Navi Mumbai airport project has been cleared by the Union Cabinet and its technical aspects by the Indian civil aviation authorities, as well as the International Civil Aviation Organisation (ICAO).
The project is being developed by various organisations, particularly the state agency CIDCO.
20/11/07 PTI/Trading Markets (press release), US
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