Passengers flying out from the airport, which is to be operational later this year, will have to shell out Rs 620 for domestic flights
IndiGo will shift part of its operations to the new airport, according to people familiar with the matter. Tata Group’s low-cost carrier Air India Express and smaller rivals SpiceJet and Akasa are also in discussions to eventually relocate all of their operations.
The touchdown of a commercial aircraft validates and establishes the synchronised functioning of Instrument Approach Procedures at NMIA.
The first phase will have a capacity to handle 2 crore passengers per annum. Commercial operations at this airport, second in the Mumbai Metropolitan Region after the Chhatrapati Shivaji Maharaj International Airport, is expected to begin by March-April, 2025
While large developers have explored the area, they are waiting for the airport's completion and more economic activity before undertaking business development near the Navi Mumbai Airport
Although L&T did not disclose the exact financial value of the order, it is known to be within the range of Rs 2,500-5,000 crore, which is categorized by the company as a large order.
Union Civil Aviation Minister Kinjarapu Rammohan Naidu and Mohol visited the airport site and reviewed the progress of the ongoing work.
The airport code, also known as a location code, is a three-letter geocode assigned to airports and metropolitan areas around the world, defined by the IATA.
The project, worth almost Rs 18,000 crore, will be completed in five phases, aviation minister Jyotiraditya Scindia said.
Owing to the upcoming Navi Mumbai International Airport, there was a height restriction of 55 metres (15-16 floors) on buildings in a radius of 20 km around the airport. That has now been relaxed to 160 metres (48 floors).
He said GVK Group, a leading corporate entity that is constructing the Navi Mumbai International Airport (NMIA), is financially sound.
Some of the most posh streets in Mumbai are named after personalities like Balasaheb Gangadher Kher, Naushad Ali, and Balasaheb Deoras, among others. Here's a look at these leaders' contributions, and why these particular streets (and neighbourhoods) are named after them.
The country's largest lender will contribute around Rs 4,500 crore of the total funding required for the Rs 16,000-crore airport project.
In February this year, Prime Minister Narendra Modi laid the foundation stone for the airport.
It can be noted that state chief minister Devendra Fadnavis has repeatedly been saying that the work on the first phase of the Rs 16,700-crore Navi Mumbai International airport will be completed by the end of 2019.
The airport will be built in two phases, he said in the state Assembly while replying to supplementaries put up by Jayant Patil (of the NCP), to the main question raised by Prithviraj Chavan (of the Congress).
In the letter, GVK suggested that 60 percent of the total cost for the event be borne by the nodal plan authority Cidco and the JNPT, both state-run entities.
Petition accuses authorities of violating environmental laws and not complying with the original plan.
The implementing agency City and Industrial Development Corporation (CIDCO) has been claiming that the first phase of Navi Mumbai airport with 10-million per annum capacity would be operational by 2021.
The Maharashtra government and Abu Dhabi Investment Authority, will set up a joint task force to explore and facilitate investment in key infrastructure projects in the state. The suggestion came from chief minister Devendra R
The suggestion came from Chief Minister Devendra Fadnavis during a meeting with the Authority representatives here today. The meeting discussed prospects of investment in the State.
According to media reports, GVK that operates the airport in financial capital Mumbai has won a bid to develop the Rs 16,000 crore Navi Mumbai airport.
GVK Power's board will meet on February 14, to consider and take on record the unaudited standalone financial results for the quarter and nine months ended December 31, 2016 (Q3).
India's GVK, which operates the airport in financial capital Mumbai, has won a bid to develop a new airport outside the city to ease congestion and cater to surging demand.
The City and Industrial Development Corporation of Maharashtra (CIDCO), is positive that more firms will participate in the bid for the development of its ambitious Navi Mumbai International Airport project, a senior development authority R