Saturday, November 07, 2020

Maharashtra govt asks Cidco to speed up Navi Mumbai airport work

Maharashtra Chief Minister Uddhav Thackeray directed Cidco to expedite the Navi Mumbai International Airport project at a meeting on November 4.

City and Industrial Development Corporation (Cidco) is reviewing the deadline for the project, according to a report by The Times of India.

The cost of constructing the airport is pegged at Rs 16,000 crore, the report said. The project has missed previous deadlines of December 2019 and May 2020.

"We are optimistic the project will gain speed as Adani Group has taken over," a Cidco official told the paper.

Adani Airport Holdings (AAHL) had in August 2020 acquired a controlling stake in Mumbai International Airport (MIAL).

07/11/20 Moneycontrol News

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