CIDCO Proposes 26-km Elevated Corridor to Connect Thane with NMIA

03 Apr 2025 CW Team

While the newly inaugurated Atal Setu has improved connectivity between Mumbai and Navi Mumbai International Airport (NMIA), the City and Industrial Development Corporation (CIDCO) has proposed a dedicated 26-km elevated corridor to provide direct access from Thane to the airport. A detailed project report is currently being prepared, and a financial consultant has been identified for the initiative.

Set to be inaugurated in June, NMIA is driving major infrastructure developments to enhance connectivity with Mumbai and Thane. Currently, commuters rely on the heavily congested Thane-Belapur Road and Palm Beach Road for airport access. The proposed corridor aims to offer a seamless and faster route, reducing travel time significantly.

The new road will originate from Patni Chowk in Thane and run parallel to Thane-Belapur Road for 17 km before reaching Vashi. The remaining 9 km from Vashi to NMIA will be a double-decker elevated road. While the initial stretch has minimal environmental obstacles, the latter phase passes through ecologically sensitive mangrove areas and coastal regulation zones, requiring multiple environmental clearances before construction can commence.

The estimated cost of the corridor stands at ?8,000 crore, with factors like land acquisition and approvals influencing the project timeline. In addition to this elevated corridor, CIDCO has outlined several other road and bridge projects to enhance NMIA’s connectivity.

A significant milestone in this effort was achieved on March 25, when the forest department approved the transfer of 4,859 square meters of forest land near Ulwe and Sonkhar creeks. This clearance paves the way for a new bridge by replacing an existing bund over the Ulwe River, further strengthening access to NMIA.

Infrastructure Urban

30 May 2026

Panasonic Showcases Connected Display Solutions

Panasonic Life Solutions India showcased its integrated display, projection, broadcast and communication technologies at Panasonic Tech Summit 2026 in New Delhi. Hosted through its System Solutions Division, the two-day event highlighted connected technology solutions for education, healthcare, retail, transportation, corporate offices and entertainment.The summit, themed ‘Turning Technology into Value’, featured experience-led zones covering QSR, retail, transit, corporate offices, healthcare, education, security, projection, home theatre and professional displays. Panasonic also introduc..

Kapsch to Deliver India’s First C-ITS Project

"Kapsch TrafficCom will deliver India’s first Cooperative Intelligent Transport Systems project on a key expressway near New Delhi. The project will be implemented with Superwave Communication And Infrasolution Limited to demonstrate how connected mobility can improve road safety and traffic efficiency.The pilot will use real-time connectivity and AI-enabled situational awareness to support road users, especially in high-risk areas such as temporary work zones. Drivers will receive alerts on roadworks, maintenance vehicles, hazardous locations, traffic queues and temporary virtual signage di..

Eurobond Net Profit Rises 44 Per Cent

Euro Panel Products, the parent company of Eurobond, reported a 44.13 per cent year-on-year rise in net profit for FY25–26. The company’s revenue from operations grew 18.91 per cent to Rs 503.20 crore, compared to Rs 423.18 crore in the previous financial year.The company’s full-year EBITDA stood at Rs 56.67 crore, marking a 31.82 per cent increase. Profit after tax rose to Rs 26.56 crore, while net worth increased 20.15 per cent to Rs 160.07 crore. Earnings per share for the year stood at Rs 10.84.Divyam Rajesh Shah, Whole Time Director and CFO, Euro Panel Products, said the company’s..