Mumbai International airport
The new international airport, which is to come up at Kopra-Panvel area,
is being built through public-private partnership (PPP) â€' with private
sector partner getting 74% equity while Airports Authority of India (AAI)
and Govt of Maharashtra (through City and Industrial Development
Corporation or CIDCO) holding 13% each.
The land required is about 1,140 hectares for the core airport activity
and will have two parallel runways. It is to be located on highway NH 4B
near Panvel, about 35 km from the existing Sahar International Airport in
Mumbai. The International Civil Aviation Organisation (ICAO) has already
given techno-feasibility clearance to the Navi Mumbai airport.
The cost of the project, which is being developed through the
public-private partnership route, is estimated at between Rs 3,200 crore
and Rs 4,000 crore.The airport will have a terminal area of 2.5-lakh
sq.m. and a cargo area of 1-lakh sq.m and handle 50-55 million passengers