Page 4 - Navi Mumbai International Airport

Adani Group to acquire 74% stake in Mumbai International Airport

Makes group second-largest private airport operator

From controversy to delay, an airport's endless quest for take-off

The CBI investigation of money laundering by GVK Airport Holdings adds another chapter to the long saga of controversy and delay that have bedevilled airport privatisation since inception

Prove financial capability: Cidco puts GVK in dock over Navi Mumbai airport

Cidco's queries to GVK group on its financial health comes as the latter has been unable to secure funds from banks and start work on the project.

L&T's construction arm bags contract for Navi Mumbai International Airport

Infrastructure major L&T on Tuesday said its construction arm has bagged the contract for construction of the Navi Mumbai International Airport. The company did not provide value of the contracts but said the orders fall under "major" category which ranges between Rs 5,000 crore and Rs 7,000 crore as per its classification of contracts. "The transportation infrastructure and buildings and factories businesses of L&T Construction have secured a prestigious project from the Navi Mumbai International Airport Private Ltd (NMIAPL) for the engineering, procurement and construction of the greenfield Navi Mumbai International Airport at Navi Mumbai," L&T said in a regulatory filing. The passenger terminal building is being developed to initially handle a capacity of 10 MPA (million passengers per annum). The project will subsequently be enhanced to handle 20 MPA, the company added. Shares of the company were trading at Rs 1,314 apiece, down 1.06 per cent, from their previous close

UK firm Zaha Hadid Architects to design Navi Mumbai international airport

This will be Zaha Hadid's first major project in the Indian sub-continent

Orders for 900 planes in a year means aviation sector is growing fast: Modi

Globalisation is a reality and top infrastructure is needed to keep pace with it, said PM Modi

First phase of Navi Mumbai international airport to begin by 2019 end: CM

GVK group had bagged the financial bid to build and operate the second international airport in Mumbai

Cidco claims it has started giving developed plots to affected people

The firm has been offering 22.5% developed plots as compensation to those whose land has been acquired