Monday, August 06, 2018

GVK looks to raise capacity at Navi Mumbai International Airport

Mumbai International Airport Ltd, the GVK-led consortium building the Navi Mumbai International Airport (NMIA), is enhancing the contours of the project, doubling its initial yearly passenger handling capacity to 20 million and increasing the final capacity by 50% to 90 million, said two people in the know.
“The initial plan in the first phase is for 10 million and another 10 million in the next, but based upon the projected demand we may complete the phases together,” said a spokesperson for GVK, confirming the matter.
“Currently, the annual capacity is pegged at 60 million passengers, however, we are looking into the possibility of increasing it further” based on the projected growth, he added.
The concession agreement for building and operating the airport is for an ultimate capacity of 60 million passengers. GVK’s plans to go beyond that would have to be approved by the City and Industrial Development Corporation of Maharashtra (CIDCO), the nodal body that has approved and awarded the project.
06/08/18 Anirban Chowdhury/Economic Times