Maharashtra Cabinet nod to Adani Group operating Navi Mumbai airport
The Maharashtra Cabinet on Wednesday approved a proposal to allow Adani Airport Holdings Limited (AAHL) to operate the Navi Mumbai international airport that is coming up in Panvel.
Earlier, the green field project was to be developed by GVK Airport Developers Limited (GVK ADL), which was also running the Mumbai International Airport Limited (MIAL).
Last September, the Adani Group had taken control of the Mumbai airport and the proposed Navi Mumbai international airport through AAHL – the group’s flagship holding company for its airport business and a subsidiary by acquiring the debt of GVK ADL.
