Nagpur: Maharashtra Government has made a provision of Rs 100 crore for upgrading Nagpur’s Dr Babasaheb Ambedkar International Airport. This was announced by State Finance Minister Sudhir Mungantiwar while presenting the Budget for 2018-19 in Legislative Assembly on Friday.
MIHAN India Ltd (MIL), a joint venture of Maharashtra Airport Development Company (MADC) and Airports Authority of India (AAI) which has been operating Dr Babasaheb Ambedkar International Airport, Nagpur, intended to upgrade and modernize this airport by appointing a strategic partner.
The Maharashtra Government has given its nod to the development of the Nagpur Airport on Public Private Partnership (PPP) model with a private player operating it for 60 years with an expected investment of Rs 1,700 crore. The Airport will have two runways, one with the capacity to operate cargo aircraft. It will also have an additional terminal building and commercial facilities, making it the second most important airport in the state after Mumbai.
Gold Rate
Monday 10 Feb. 2025
