Navi Mumbai airport development begins after long delay
AVIATION & AIRPORTS

Navi Mumbai airport development begins after long delay

The stalled Navi Mumbai International Airport (NMIA) project has finally started, with major the challenges being cleared.

The City and Industrial Development Corporation (CIDCO) aims to complete the development works of the first phase of the airport by the end of 2024.

The project is being developed on 2,268 hectares of land, from which 1,160 hectares will have the actual airport. The expected cost of the project is Rs 16,700 crore.

Recently, Adani Group took over the project. The project had land acquisition, rehabilitation and resettlement challenges due to opposition from the locals for years.

The Adani Group concessionaire has demanded the acquisition of the entire project land before beginning the actual development.

Ten villages within the core airport area had to be shifted, affecting 3,000 families. Nearly 22.5% of the developing land and other incentives were offered to the project affected people (PAPs). The project also had environmental issues and permissions from the central and state governments, and changes in the concessionaire required new approvals.

Vice-Chairman and Managing Director of CIDCO, Sanjay Mukherjee, said, CIDCO and NMIAL acquired the project in 1997 and are now starting at full pace. CIDCO has completed land acquisition, rehabilitation and predevelopment civil works. It is one of the most vital steps toward the successful execution of the project.

He added that NMIAL had obtained all clearances and financial closure. CIDCO has handed over the site to NMIAL, which has commenced the work of the airport at full speed.

Image Source

Also read: Adani Group concludes financing for Navi Mumbai airport project

The stalled Navi Mumbai International Airport (NMIA) project has finally started, with major the challenges being cleared. The City and Industrial Development Corporation (CIDCO) aims to complete the development works of the first phase of the airport by the end of 2024. The project is being developed on 2,268 hectares of land, from which 1,160 hectares will have the actual airport. The expected cost of the project is Rs 16,700 crore. Recently, Adani Group took over the project. The project had land acquisition, rehabilitation and resettlement challenges due to opposition from the locals for years. The Adani Group concessionaire has demanded the acquisition of the entire project land before beginning the actual development. Ten villages within the core airport area had to be shifted, affecting 3,000 families. Nearly 22.5% of the developing land and other incentives were offered to the project affected people (PAPs). The project also had environmental issues and permissions from the central and state governments, and changes in the concessionaire required new approvals. Vice-Chairman and Managing Director of CIDCO, Sanjay Mukherjee, said, CIDCO and NMIAL acquired the project in 1997 and are now starting at full pace. CIDCO has completed land acquisition, rehabilitation and predevelopment civil works. It is one of the most vital steps toward the successful execution of the project. He added that NMIAL had obtained all clearances and financial closure. CIDCO has handed over the site to NMIAL, which has commenced the work of the airport at full speed. Image Source Also read: Adani Group concludes financing for Navi Mumbai airport project

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code