Vashi: The Navi Mumbai international airport may not come about at all, with even the City and Industrial Development Corporation (Cidco) wanting it “scrapped”.
“The project may have to be scrapped as it has become unfeasible,” Cidco joint managing director V Radha said.
“More than 10 years have been wasted in discussions. The project cost has escalated from Rs 4,000 crore to Rs 15,000 crore. We cannot afford any more delays,” Radha said at a function in Chinchpada village in Uran tehsil recently.
The state urban development department already wants the project scrapped. It has even proposed alternative sites like Chakan near Pune and Murbad in Thane district.
Cidco has been the only stakeholder keen on the project.
22/09/13 Bhalchandra Chorghade/Daily News & Analysis
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“The project may have to be scrapped as it has become unfeasible,” Cidco joint managing director V Radha said.
“More than 10 years have been wasted in discussions. The project cost has escalated from Rs 4,000 crore to Rs 15,000 crore. We cannot afford any more delays,” Radha said at a function in Chinchpada village in Uran tehsil recently.
The state urban development department already wants the project scrapped. It has even proposed alternative sites like Chakan near Pune and Murbad in Thane district.
Cidco has been the only stakeholder keen on the project.
22/09/13 Bhalchandra Chorghade/Daily News & Analysis
