By 2030, the airport is expected to handle about 60 million passengers in a year. Navi Mumbai International Airport will be a Rs 16,000 crore green field airport expected to be operational in 2019. Prime Minister Narendra Modi unveiled the foundation plaque at the ground breaking ceremony for Navi Mumbai International airport in Mumbai on Sunday. NAVI MUMBAI: Maharashtra cabinet on Tuesday gave approval to the highest bidder GVK-led MIAL group for building and operating the Navi Mumbai international airport (NMIA). For travel advisories, precautionary measures and other information related to the Covid-19 situation, please refer to our Covid-19 Information Hub. �QhmϪ�rE�?�`�%X�����UJp�;�����D��� The initial capacity has been doubled to 20 million. Just under six months after it sought more time from AAI citing the Covid-19 pandemic, the Adani Group went on to acquire a controlling interest in the country’s second largest airport in Mumbai and the upcoming Greenfield airport in Navi … This RFP is not an agreement and is neither an offer nor invitation by CIDCO to the prospective Applicants or any other person. for the Navi Mumbai International Airport project Mumbai, 8th January, 2018: GVK Power & Infrastructure Limited (GVKPIL) has announced the signing of the Concession Agreement for the Navi Mumbai International Airport Project. This translates into nearly a fourth of the 34.10-crore domestic air passenger traffic. Region. In May last year, CIDCO even wrote to the GVK Group, asking it to … <]>> The GVK Group was, however, under severe financial stress — downgraded by rating agencies and struggling to raise funds for the Navi Mumbai airport work. Concession Agreement for the Development, Construction, Operation and Maintenance of the Hyderabad International Airport between Ministry of Civil Aviation, Government of India . Country. Just under six months after it sought more time from AAI citing the Covid-19 pandemic, the Adani Group went on to acquire a controlling interest in the country’s second largest airport in Mumbai and the upcoming Greenfield airport in Navi … The infrastructure major had bagged the financial bid to build and operate the second international airport in the Mumbai Metropolitan Region Navi Mumbai at an investment of Rs 16,000 crores this year, beating rival GMR Group. Airport BOT & Concession agreements - Legal and Regulatory Issues - Checklist. . Ltd. (NMIAL) with CIDCO, the … The initial concession period is 30 years from the appointed date and is extendable for a further 10 years. 0000003993 00000 n %PDF-1.4 %���� x��V]lU>3;���iKv�b��]Wؘ%��>Xe�]Jmedy����K�%~�R�th����� Q#��h5�Z���"" H�41H���x�f�}�'w��=�;����� T�:�}�`� �����F�ி���@���%d�t�l��-�Yz�65p��^2����I)yW�h-j���%��u�)|�3^��G�&�l`-ڌ��C!��-2�mR��#��ưqɨ#.Z����(I���� �C��|\�@���x7����-�]� ^��H&����C|T]��x?��C3Ƚ�f2b,-�nl1�UF&�t�D�&�V��������n����G����p�D둍���畭xu�y�����(�K�6. GVKPIL signs concession agreement with Cidco for Navi Mumbai International Airport 1/9/2018 Summary. 0000002118 00000 n Indian conglomerate GVK Power and Infrastructure Limited (GVKPIL) has signed a concession agreement for the development and operation of Navi Mumbai International Airport in India – a new greenfield project which will become the second international airport serving the city of Mumbai. The 16,000 Crore airport, in the green meadow, is built on 1,160 hectares in public private partnership mode. h�,�� �0[�b��J�r��(!�(�Gx|ڇ=����U4�w�}���5���ҟ�'l�6Ð�T�`R� �q\Z�36�`,}�ݗ:��Ӣ�� ��mm�9�n�uGp_wl�2 ����I�I�)� South Asia. 2658 0 obj <> endobj Mumbai: GVK Power and Infrastructure (GVKPIL) on Monday said it has signed a concession agreement with Cidco to create a special purpose vehicle for developing the state’s much ambitious Navi Mumbai international airport. startxref Official Chatrapati Shivaji International Airport website - live flight details, arrivals & departures, news & advice, Parking at Mumbai Airport. 3.95 cr. Click Here. The Navi Mumbai project began in 1971 with the formation of City and Industrial Development Corporation (CIDCO). 0000000016 00000 n The seed capital given to CIDCO was Rs. 0000001992 00000 n Mumbai: Union civil aviation secretary R.N. 0000002918 00000 n CIDCO was set up by Government of Maharashtra (GoM) as public limited company under Indian Companies Act and is wholly owned by the GoM. x���n���݀��/-�¢9W�E @V���8qc�!��DK�ڔBQ��_�s���"��w�h�vș3�~������lV{�ޝO�:�-����v�����e���d����bU���ո����'��c,��w{z¼�2/�aĥ�$Tڻ}��_co�9=���%�����7��t���}�G_��Y~�n8=� l7���L�!�� �#����ז ߄���oR�?瀭��T�$�z������G���������f�I���-��ӓ��(����?1AK�i�*?=��/^ xYrE�q˓�.-~o�q��-��{�� ���z�y�7�r��W���SV./GW��W�;�q�ɁԢ�4L%I !\yQ(#���+�!��S�Az���`����=����. �xRAd-�뭭9��/� e/I� endstream endobj 222 0 obj <>/Filter/FlateDecode/Index[0 1 33 1 35 4 40 62 222 1]/Length 53/Size 223/Type/XRef/W[1 2 1]>>stream GVK, which is developing the Navi Mumbai Airport, had announced last week it has achieved financial closure for the construction of the first phase of the airport. The concession agreement for the other three airports — Jaipur, Guwahati and Thiruvananthapuram — were signed between AAI and Adani Group in September. Click to download word and pdf versions of the Airport Concession Checklist. US$2.5 billion concession agreement for Navi Mumbai International Airport signed. In March 1971, CIDCO was designated as the New Town Development Authority (NTDA) for Navi Mumbai. . Date January 11, 2018 Subscribe to our newsletter and get the latest news and business opportunities in your inbox This article is part of a daily series of MegaProjects articles. 0000002337 00000 n Home >Companies >News >GVK signs concession agreement with Cidco for Navi Mumbai airport. 0000003743 00000 n trailer ���)>��;��R��qOSX4����g�����(��a)M4/���~9�% }b�>�p�Ol�'��V��'���D�;�����UJp�;\n�k���� The concession agreement has been signed via a special purpose vehicle referred toRead More 0000004750 00000 n Concession Agreement for Navi Mumbai International Airport was signed on January 8, 2018 between Navi Mumbai International Airport Pvt. The concession agreement for the other three airports — Jaipur, Guwahati and Thiruvananthapuram — were signed between AAI and Adani Group in September. ; IATA was against the development on what may be spurious grounds. India. DESIGN, INSTALLATION, COMMISSIQ~.ING, OPERATION AND MAINTENANCE OF AIRPORT METRO EXPRESS LINE NEW DELHI -INDIRA GANDHI INTERNATIONAL AIRPORT - DWARKA SEC. It is one of the Best Airports and Largest Airports in the world. The land acquisition issues that dogged the Navi Mumbai airport project appear to have been curtailed in this instance. It will be the second international airport for the Mumbai Metropolitan Region, functioning alongside Chhatrapati Shivaji Maharaj International Airport (CSIA) as India's first urban multi-airport system. IRT Vehicle. GVK Power and Infrastructure Ltd signed an agreement with City Industrial Development Corporation Limited (CIDCO) to establish Navi Mumbai International Airport Private Limited (NMIAL), a special purpose vehicle (SPV) to implement the Navi Mumbai International Airport development project. ; It is a P3 project and GMR Group has 'first refusal' as the developer. The seven airports — Ahmedabad, Mangalore, Lucknow, Jaipur, Guwahati and Thiruvananthapuram, alongside Mumbai — together handled 7.90 crore passengers during the last fiscal (2019-20). 2658 11 h�bb &&�;L� �?#�` ��A\&'�������C�g�r � �H endstream endobj 1 0 obj <>/Metadata 119 0 R/OCProperties<>/OCGs[125 0 R 175 0 R]>>/Pages 2 0 R/StructTreeRoot 33 0 R/Type/Catalog>> endobj 2 0 obj <> endobj 3 0 obj <>/MediaBox[0 0 612 792]/Parent 2 0 R/Resources<>/Font<>/ProcSet[/PDF/Text/ImageB/ImageC/ImageI]/XObject<>>>/StructParents 0/Tabs/S/Thumb 217 0 R/Type/Page>> endobj 4 0 obj <>stream 220 0 obj <>stream Navi Mumbai International Airport (NMIA) is an under construction greenfield international airport being built at Ulwe Kopar-Panvel in Maharashtra, India. The Minister of Civil Aviation is the nodal ministry that is responsible for the formulation and implementation of national policies and programmes for development and regulation of civil aviation in India as well as for devising and implementing schemes … Mumbai International Airport Private Limited Operation, Management and Development Agreement - 8 - “Airport Business” shall mean the business of operating, maintaining, developing, designing, constructing, upgrading, modernising, financing and managing the Airport, and providing Airport Services. .. . 2668 0 obj<>stream 0000000516 00000 n hޜW�N1���ǶT�P�/�7-��>�jT����Vj��gư���`$$3�9'��3�j�L�)�1uԱ��:��P�$U�����Z� �I��R�~%+����42w�N�r�%���:@F��thU.�F�U�Th�ag6�.���8�*���n@o��=�z�}�_ �)�L� ]��z�P��B�b�q0)�RM�y�a�/+� �X%�r��ֈ��zb��s>�7lI5+��-�yz�g��W&��A;S+��7X8�P[m���VRѸ:9J��Qk����T�c�Բ������)"(��t���z�X�\O5���~���?4V��ӻ�+��ɟ���x}��˂[]^�CVg��=��a8L��H����b$�t �]�.A��K+��2G��Ċ�,��A����|�yBY�#r�6��s�r�K>r�{�����xN�[ߓxI�G�I�%�W���R}srO�>�O��y��حL\��eV�4b���)#f��)(�jW�KÆSOKg -I1�&5n�ҡn�}����V��������_�^�Y� xOϪ�@����b�Sx�owd7�T�K4 If you want to know more about PPP projects with a considerable size visit our MegaProjects section. 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