Green nod for Navi Mumbai airport in Nov

Mumbai: Civil aviation minister Praful Patel said on Wednesday that he expected an early resolution to the Navi Mumbai airport site issue and clearances were likely to come by November.
Patel also said approval for the second tranche of Rs 12,000-crore equity infusion in state-owned Air India is expected next month. If the current bailout package fails to improve the financial condition of Air India, the government could consider additional Rs 2,000-crore aid for the national carrier later, he added.
Speaking on the sidelines of a seminar organised by the Air Traffic Controllers Guild (India) in New Delhi, the minister said necessary changes had been made on the Navi Mumbai airport project plan to address ecological concerns. “While the site of the airport and the runway remains the same, changes have been made to some extent in the (civil side) design and the work being done by the (project promoter) Cidco,” the minister said, adding that the matter could not be left to linger for long as it was seriously affecting the growing air traffic in Mumbai. The proposal for the second airport in Mumbai was approved by the Cabinet in May 2007.
On Air India bailout, Patel said, “A Cabinet note has been moved on the Rs 1,200-crore equity infusion (in Air India). By next month, it may be cleared... We will look at another Rs 2,000-crore equity infusion later.”
21/10/10 Financial Express

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Categories: airports Oct 2010