Friday, July 13, 2018

‘Navi Mumbai Airport’s phase I construction may cost 50% more’

Mumbai: The construction cost of phase I of Navi Mumbai Airport is expected to go up by nearly 50 per cent to Rs 13,562 crore from earlier projected cost of Rs 9,600 crore.

In 2013, then Maharashtra chief minister Prithviraj Chavan had said that phase I of the Navi Mumbai International Airport was expected to be completed at a projected cost of Rs 9,600 crore.

Navi Mumbai International Airport “Phase I is expected to be implemented at a cost of Rs 13,562 crore, and will have a capacity of one crore passengers per annum,” ratings agency Crisil said in a report.
13/07/18 PTI/
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