CIDCO completes land acquisition for Navi Mumbai International Airport

In a major milestone, the City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) has completed 100 per cent land acquisition for the Navi Mumbai International Airport (NMIA).

The NMIA, which is coming up in the Panvel area of Raigad district, is likely to be commissioned for operations by December 2024.

The Adani Group’s Adani Airport Holdings Ltd (AAHL) as the concessionaire to the prestigious Greenfield Airport is coming up as a public-private partnership project.

“We have completed 100 per cent acquisition for the airport,” Dr. Sanjay Mukherjee, Vice Chairman and Managing Director, CIDCO, confirmed.

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