Maharashtra govt approves ownership change of Navi Mumbai airport

The state government on Wednesday approved the change of ownership of the concessionaire of Navi Mumbai International Airport (NMIA). The GVK Group-led Mumbai International Airport Limited (MIAL) was constructing the NMIA, which was taken over by Adani Airport Holdings, and thus required the state government’s approval. The decision was taken in the state cabinet meeting following a recommendation made by the project control and implementation committee headed by the chief secretary Sitaram Kunte, the officials said.

Cidco, the nodal agency for the project, had awarded the contract for construction of the airport in October 2017 to M/s GVK-led consortium—Mumbai International Airport Limited.