City and Industrial Development Corporation of Maharashtra (CIDCO) vice chairman and MD Sanjay Bhatia said financial bids for the Navi Mumbai International Airport project are likely to open on 20-Jan-2016. Here is what we know so far about the status, location, launch date of Mumbai’s second airport: Location of Navi … consortium — in the race for the project. 11-Feb-2016. A tender for the work has been issued. But, I am equally hopeful that the problem of a few villages not agreeing to the best package worked out so far will soon blow over.”. India’s Minister of State for Civil Aviation Jayant Sinha advised that site clearance had been granted for the proposed airport at Bhiwandi and “further development would depend on preparation of Detailed Project Report, its economic viability and financial closure subject to the in-principle approval”. Delayed by years, the development work for Navi Mumbai international airport is going in full swing. Phase one includes the development of one passenger terminal and one runway. The project is also awaiting approvals related to height restrictions for buildings. CIDCO will finalise the RFP and issue the document to the pre-qualified applicants in order to begin the second stage of the bidding process. City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) expects the total cost of the project to be INR145.74 billion (USD2.14 billion) including INR23.58 billion (USD347.4 million), as cost for predevelopment. CIDCO issued a tender to prepare the site for construction. The Navi Mumbai International Airport has now suffered more than five years of delays due to land acquisition and environmental concerns. The nationwide lockdown announced in March put a stop on all construction work at the location. Maharashtra chief secretary Swadhin Kshatriya reported all central government permissions for Navi Mumbai International Airport have been approved. CAPA Profiles help you identify new business opportunities and make better business decisions, by providing accurate and up-to-date data on airports, airlines, suppliers, investors, MROs, lessors and countries/territories around the world. 29-Jun-2016. India's Ministry of Civil Aviation prioritised completion of operational areas of Navi Mumbai Airport by 2019. Upon its completion, Mumbai will be the first city in India to have more than one airport. The submission deadline has been extended five times from the original date in Jun-2014. Work to be awarded to local companies includes basic earth moving, relocation of utilities infrastructure and construction of civil amenities. The first phase will include one runway, arrival and departure terminals and customs and immigration facilities. For travel advisories, precautionary measures and other information related to the Covid-19 situation, Construction commenced in Oct-2016, according to CIDCO. Discussions on compensation with individuals affected by the airport are ongoing and have resulted in more than a decade of delays. City and Industrial Development Organisation of Maharashtra (CIDCO) forecast it will need more than 12 months to complete predevelopment works for the Navi Mumbai International Airport project, including rehabilitation, hill cutting and river diversion. CAPA Membership also gives you access to a customised selection of more than 400 global News Briefs every weekday, as well as a comprehensive Data Centre, Analysis Reports and Research Publications. The Government has secured the majority of clearances required for the project. 29-Jun-2015. The tender may be re-issued on 20-May-2015. India's Government approved a revised tender document for the project in mid Jul-2014. 29-Apr-2017. Navi Mumbai International Airport phase one development will require an estimated investment of INR135.6 billion (USD2 billion), according to a report from credit rating agency CRISIL. City Industrial Development Corporation Limited (CIDCO) representatives informed India's Ministry of Environment and Forests land reclamation and construction works for phase one of the Navi Mumbai International Airport development project will take at least two years to complete and the airport will not be equipped to commence operations until 2020 at the earliest. Mr Gagrani also remained positive about the new airport launching single runway operations by Dec-2019. Despite the fact that nearly 23 years have passed since the idea to build a second airport in the Mumbai Metropolitan Region (MMR) was mooted, agencies responsible for building the Navi Mumbai International Airport Limited (NMIAL) have failed to start the real work on account of legal, environmental and land-related hurdles. GMR Airports (q.v.) The pre-development plan is expected to cost approximately INR3000 crore (USD449 million) across 1160 hectares, and will include works such as the diversion of Ulwe River and ground levelling. We also need to accelerate and expedite the process as much as possible… We are looking at it in phases and our hope is that sometime in 2020 or so, we will be able to get phase one up and running which would mean one runway and one terminal", Mr Sinha said. The Navi Mumbai airport, a much-delayed project, was first proposed in 1997 as a secondary airport to support the busy Mumbai airport. Nothing has moved forward". City and Industrial Development Corporation of Maharashtra (CIDCO) vice chairman and MD Sanjay Bhatia said Navi Mumbai International Airport will operate at its full initial capacity of 10 million passengers p/a when it opens. and MIA Infrastructure (q.v. GVK will hold a 74% stake in NMIAL while CIDCO holds the remaining 26%. CIDCO chairman Pramod Hindurao said: “We are not looking at it as a political issue. India’s Minister of State for Home Affairs Haribhai Parathibhai Chaudhary stated that security clearance for GMR Airports Limited, MIA Infrastructure Pvt Ltd and Mumbai International Airport Private Limited were granted for the development Navi Mumbai International Airport. 21-Jun-2016. Work on phase-1 of the project is likely to start by the end of 2020. The document establishes the maximum ownership limit for airlines in any consortium bidding for the project at 26%, up from 10% in the original draft. CIDCO is expected to contribute INR23.75 billion (USD395 million) to the project and the private consortium will provide INR122.2 billion (USD2.03 billion). The airport, once ready for operating services is expected to … NMIAL expects to complete and commission phase one of Navi Mumbai by the end of 2021, two years later than the Dec-2019 launch date set by the Maharashtra State Government. So, another year or so would not matter. CIDCO plans to announce pre-qualified applicants for the project on 30-Oct-2014. 21-Apr-2015. India’s Minister of State for Civil Aviation Jayant Sinha advised all approvals except for stage two forest clearance have been approved for the Navi Mumbai International Airport project. Navi Mumbai International Airport (P) Ltd., is a Public Private Partnership venture in which the GVK led Mumbai International Airport Ltd., (MIAL), has a 74 per cent stake with CIDCO, the nodal agency of the Government of Maharashtra, holding the remaining 26 per cent. Mr Bhatia expects the airport to reach capacity of 60 million passengers p/a by 2030. ), the JV of Tata Realty (q.v.) India's Ministry of Civil Aviation (MoCA) and Navi Mumbai International Airport Private Ltd (NMIAL) signed a MoU for the execution of the Navi Mumbai International Airport development project. India’s Federal Government had given its approval for the second stage of Navi Mumbai International Airport’s RFP, which will involve selecting the final consortium for the development of the proposed airport according to City and Industrial Development Corporation (CIDCO). Prime Minister Narendra Modi is all set to lay the foundation stone on Sunday 18 February and operations are expected to start in 2019. CIDCO proposes to seek the project monitoring committee’s approval in order to issue a formal request for proposal (RFD) to the airport bidders. India's City and Industrial Development Corporation of Maharashtra (CIDCO) extended Navi Mumbai International Airport's bidding deadline by 15 days from 09-Jan-2017. GMR, Voluptas Developers (Hiranandani), and MIAL may reportedly the only bidders for the proposed airport. The loan will be repaid over 10 years from CIDCO, and will be used for construction works such as filling the marshland around the airport and removing cables. The second part of this will be built over the Sion-Panvel Highway connecting Sewree to the Navi Mumbai International Airport. Works include river diversion, land clearance, levelling and reclamation and relocation of power lines. The Phase I cost was projected at USD960 million and the total cost USD1.6 billion but projected land acquisition costs alone have reportedly reached INR170 billion (USD2989 million). India's Ministry of Civil Aviation stated that any extension beyond 40 years and before 60 years of operation will be done using a bidding process, and the existing promoter has the right of first refusal. I have twice done aerial surveys of the place, but things are still the same. Official Chatrapati Shivaji International Airport website - live flight details, arrivals & departures, news & advice, Parking at Mumbai Airport. Login Login with OTP Register. The airport project has been in limbo for 13 years. Jul-2018. 27-Oct-2015. 07 Nov 2020. Mr Sinha said the situation at the airport is "complicated" due to various factors, including resettlement issues. The Navi Mumbai International Airport (NMIA) is finally getting a move-on. In a recent aviation summit, Maharashtra Chief Minister Devendra Fadnavis announced that the Navi Mumbai International Airport (NMIA) will be operational by mid of 2020. Impact of Navi Mumbai International Airport on property prices, History of Navi Mumbai International Airport, Impact of Navi Mumbai airport on property market, Average price in top* Navi Mumbai localities, Navi Mumbai airport impact on environment, Navi Mumbai airport impact on property market, Griha Pravesh Muhurat 2020: Best dates for a house warming ceremony. CIDCO VC and MD Sanjay Bhatia said the Ministry of Civil Aviation (India) has already approved for the next step of the bidding process. Apr-2017. Despite the fact that nearly 23 years have passed since the idea to build a second airport in the Mumbai Metropolitan Region (MMR) was mooted, agencies responsible for building the Navi Mumbai International Airport Limited (NMIAL) have failed to start the real work on account of legal, environmental and land-related hurdles. Local media is interpreting the statement as meaning “we will not bid at all.” If so, there will be only two companies — GVK (q.v. CIDCO vice chairman and MD Sanjay Bhatia reiterated that the first phase of the airport may be operational by Dec-2018. Land clearing and non-construction preparatory works for the development are expected to start within six months. Following completion of the assessment, bidders will be given three to four months to submit a financial proposal. CIDCO dismissed claims that delays in the project could become a political issue ahead of parliamentary elections. Its authorized share capital is Rs. CIDCO announced the corporation intends to award approximately INR20 billion (USD321 million) in basic airport infrastructure work for the airport development project to local developers. These articles, the information therein and their other contents are for information purposes only. A GMR Airports spokesperson stated, "We are not bidding on account of project implementation and execution challenges as well as erroneous timelines and bid conditions." India's Minister for Civil Aviation P Ashok Gajapathi Raju stated Navi Mumbai International Airport's construction will take "at least four years", if the development process remains efficient. Now, fresh money troubles might cause further strain on the project, which has already seen cost escalations since projections were first made with regard to funding (for Phase-I, costs have escalated 50% since as against 2013 projections to nearly Rs 136 billion from Rs 90 billion). )-led Mumbai International Airport (MIAL) and an Hiranandani Developers-Zurich Airport (q.v.) Mr Bhatia confirmed the tender for pre-development works will by awarded by the end of Dec-2015. India’s Supreme Infrastructure said it was awarded two land development projects worth INR3.9 billion (USD59 million) for Navi Mumbai International Airport. consortium — in the race for the project. Projected project costs have risen from INR47.660 billion (USD753 million) to INR145.73 billion (USD2.3 billion). CIDCO confirmed the deadline for requests for qualification for the development of Navi Mumbai airport will be extended from 18-Jun-2014 to 18-Jul-2014. Navi Mumbai International Airport is a proposed green field airport project located in Mumbai’s Kopra-Panvel area. 04-Jan-2017. The majority of this website will not function as intended without JavaScript enabled. Dec-2013. It will be a 32-km route, passing through the Navi Mumbai International Airport. 23-Jul-2016. We hope that the levelling work will be completed in one-and-a-half years. Jun-2017. India’s Ministry of Home Affairs rejected Hiranandani Developers and Zurich Airport's security clearance, with the companies being one of the four shortlisted companies to bid for the proposed Navi Mumbai International Airport. CIDCO acquired 94% of the 1160 hectares required for the project and expects to acquire the remainder in the next two months. "It will take significant amount of time to resolve the issues. The three remaining airport bidders include GMR Infrastructure, GVK Power & Infrastructure Ltd, and MIA Infrastructure of France with Tata Realty. Oct-2018. The operational areas include a runway, terminal building and ATC tower. City and Industrial Development Corporation of Maharashtra (CIDCO) extended the deadline for submission of requests for qualification (RFQs) on 06-Dec-2014 for the Navi Mumbai International Airport project to 28-Jan-2015, according to CIDCO's website. Navi Mumbai Airport may take five years to be operational: Aviation minister. India's Pune district collector Saurabh Rao advised the revenue department formed a six member team including three from Maharashtra Airport Development Company's revenue department, to assess/review the Navi Mumbai rehabilitation project model. Jul-2013. Maharashtra State Government confirmed that it still needs to acquire 291 hectares of land for the Navi Mumbai International Airport development. 13-Jul-2016. Bids for pre-development works are currently under consideration. 'Navi Mumbai Airport's phase I construction may cost 50% more' 13 Jul, 2018, 07.07 PM IST In 2013, then CM Prithviraj Chavan had said that phase I of the Navi Mumbai International Airport was expected to be completed at a projected cost of Rs 9,600 crore. As a result, the airport development may not be completed by its designated timeframe. Navi Mumbai international Airport’s progress will be fast-tracked after Civil Aviation Minister Jayant Sinha confirmed stage II forest clearance would be expedited. City and Industrial Development Corporation of Maharashtra(CIDCO) received a series of environmental, technical, land acquisition and zoning approvals from India's Government for the Navi Mumbai International Airport project, resolving seven of eight outstanding issues. Will real estate market sentiment improve once the COVID-19 vaccine rollout starts? Following approval by the committee, CIDCO will seek clearance from Maharashtra's Chief Minister Devendra Fadnavis and India's Ministry of Civil Aviation before inviting financial bids. Financial bids will be opened for evaluation according to Ms Radhi. The initial draft of the tender document was originally submitted in early 2013 and the revised version was submitted in Mar-2014. India's Project Monitoring and Implementation Committee (PMIC) approved all four applicants for the submission of RFPs for the Navi Mumbai International Airport project. 12-Oct-2016. NAINA (Navi Mumbai Airport Influence Notified Area) originated when the Indian government granted clearance for a second Mumbai airport, in Navi Mumbai. Jun-2013. Navi Mumbai International Airport (NMIA) is an under construction greenfield international airport being built at Ulwe Kopar-Panvel in Maharashtra, India.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. GMR group, Tata Realty and Hiranandani Group-Zurich Airport consortium reportedly advised they would no longer participate in the bids. Navi Mumbai’s public private partnership project is expected to cost USD2.5 billion. Navi Mumbai Airport unlikely to be functional before 2024. Maharashtra Chief Minister Devendra Fadnavis stated the developer assured the Maharashtra State Government that phase one of the development project at Navi Mumbai International Airport will be completed by Dec-2019, including construction of a runway and passenger terminal with capacity to handle 50,000 passengers. As per government estimates in 2013, it would require Rs 160 billion to complete the project. 15-Jan-2016. The company stated: "Gayatri Projects has made inroads into the construction of airports by bagging a INR7 billion (USD104 million) contract as part of the larger Navi Mumbai International Airport from City and Industrial Development Corporation of Maharashtra.”. The Minister of State for Civil Aviation K C Venugopal informed the Indian lower house of parliament that the Maharashtra State Government is in the process of issuing a request for qualification for the selection of a concessionaire regarding construction of the Navi Mumbai International Airport. The airport was being planned to handle 10 million passengers in the phase one, but the terminal will now be built to handle 20 million. )-led Mumbai International Airport (MIAL) and an Hiranandani Developers-Zurich Airport (q.v.) 18-Jun-2015. CIDCO issued a tender for the contract to develop land at the core aeronautical area for the airport project. CIDCO aims to provide the RFD by Mar-2016 and issue the final contract by Jun-2016. The submission deadline was previously extended from 18-Jun-2014 to 30-Jul-2014. 17-Aug-2016. The Rs 16,000-crore Navi Mumbai airport is touted to be one of the world’s largest greenfield airports with two parallel runways of 3,700 metres and full-length taxiways that are 1,550 metres apart. India's Ministry of Environment, Forest and Climate Change National Board for Wildlife withdrew a requirement for the establishment of a mangrove sanctuary as part of the Navi Mumbai International Airport project. Cidco is reviewing the deadline set for Navi Mumbai International Airport after Chief Minister Uddhav Thackeray told it to expedite the project, at a meeting on Wednesday. India’s City and Industrial Development Cooperation (CIDCO) plans to open financial bids for the pre-development works of proposed Navi Mumbai International Airport, and send the request for proposals (RFP) in Mar-2016. and MIA Infrastructure (q.v. Current status of Navi Mumbai International Airport Much—not all—of the land for the airport has been acquired. City and Industrial Development Corporation of Maharashtra (CIDCO) aims to award the contract by Dec-2015 and the airport is expected to commence operations in 2019. Following 30 years of operation, a 10-year extension will be awarded based upon the operational performance of the airport operator. Blasting of hills, levelling for ground and diversion of the Ulwe river for the project has already begun. The Rs 16,000-crore Navi Mumbai airport is touted to be one of the world’s largest greenfield airports with two parallel runways of 3,700 metres and full-length taxiways that are 1,550 metres apart. Pre-development works include levelling the land site and flattening hills, for which CIDCO expects to begin by Mar-2016. Despite being a hotbed of affordable realty lying among scenic beauty, Navi Mumbai realty hasn’t been able to get the attention expected to receive when plans were first made to create a city parallel to the country’s commercial nerve centre Mumbai, during the 1970s, when it became clear the space-starved Maximum City was on the verge of a population explosion. The work is in full swing. 12,229,999,600. CIDCO stated the consortium is expected to be selected by mid-2016 and the first service from the airport will begin by 4Q2019. City and Industrial Development Corporation of Maharashtra (CIDCO) reported GMR Group, a consortium of MIA Infrastructure and Tata Realty and Infrastructure, Mumbai International Airport and a consortium of Flughafen Zurich and Hiranandani Developers qualified for submission of financial bids for the contract to construct and operate Navi Mumbai International Airport. An estimated 3,500 families across 10 villages are impacted by the airport project. India's City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) PRO Mohan Ninawe advised four bidders have qualified for the request of proposal to the Navi Mumbai International Airport project, closing on 07-Nov-2016. 20,000,000,000 and its paid up capital is Rs. India's Ministry of Civil Aviation stated that any extension beyond 40 years and before 60 years of operation will be done using a bidding process, and the existing promoter has the right of first refusal. 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