The Maharashtra Airport Development Company is reportedly awaiting an order from the state government regarding the proposed airport in Purandar.
National Logistic Policy to lead to operational efficiency for freight operators
The Maharashtra Airport Development Company (MADC) will be commencing the expansion work of Shridi Airport’s terminal building.
Expenditure of Rs 3.6 bn has been incurred for development of the airport
In order to expedite the Purandar Airport project, Maharashtra Chief Minister Devendra Fadnavis has approved a consortium comprising four local authorities to form a special purpose vehicle (SPV).
The Maharashtra Government has given administrative and financial approval of Rs 35.13 bn for land acquisition for the proposed Purandar airport in Pune.
Mihan India Ltd (MIL) is looking for private investment to develop Dr Babasaheb Ambedkar Airport in Nagpur. With the priority is to set up the city´s infrastructure, the plan is to develop the Rs 1,500 crore project in phases.
Maharashtra cabinet has sanctioned Rs 100 crore to fund the ongoing development work of Shirdi airport.
Civil Aviation Minister Ashok Gajapathy Raju has stressed on state governments´ co-operation for airport development projects.
The second phase of the Chennai airport development, after facing a delay, will have be completed in the next three years.
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