Is the Navi Mumbai International Airport under construction?
Navi Mumbai International Airport (NMIA) which is under construction is one of the world’s largest ‘Greenfield’ international airports aim at easing traffic congestion at existing Chattrapati Shivaji International Airport (CSIA). The airport is located at Kopar near Panvel in Maharashtra and will function alongside CSIA by year 2019.
What kind of aircraft can be used at Navi Mumbai?
The airport will be able to host new-generation aircraft like the A380 and Boeing 747-8. India plans to issue a 30-year concession tender for the development and operation of the airport. Following 30 years of operation, a 10-year extension will be awarded based upon the operational performance of the airport operator.
Who was the winning bidder for Navi Mumbai airport?
On 13 February 2017, GVK-led MIAL was announced as the winning bidder. GVK offered CIDCO a 12.6% share in revenue compared to the 10.44% offered by the GMR Group.
Who is the owner of Mumbai International Airport?
Adani Group acquired GVK Group’s 50.5% stake in Mumbai International Airport Limited (MIAL) in 2H2020. It then acquired further 23.5% stake in MIAL in Feb-2021, purchasing the holdings of ACSA Global Limited and Bid Services Division (Mauritius) Limited (Bidvest), taking its total stake in MIAL to 74%.
How big is the cargo terminal at Navi Mumbai?
The facilities at the airport will include cargo terminal buildings and two parallel runways for independent operations. The H-shaped terminal building will comprise five levels with a total area of 523,000m², including two concourses.
The bidder was Mumbai International Airport (MIAL), which is 74% owned by GVK. Zaha Hadid Architects will be developing the passenger terminal building. GVK awarded a major engineering, procurement and construction (EPC) contract to L Construction for the airport in August 2019.
Which is the Second International Airport in Mumbai?
Work on the Navi Mumbai International Airport (NMIA) was formally inaugurated by Prime Minister Narendra Modi on 18 February and operations are expected to start in 2019. Here is what we know so far about the status, location, launch date of Mumbai’s second airport: The proposed airport is coming up near Ulwe in Panvel, on the outskirts of Mumbai.