Navi Mumbai Airport's phase I construction may cost 50% more
The construction cost of phase I of Navi Mumbai Airport is expected to go up by nearly 50 per cent.The cost is eelevated to Rs 13,562 crore from earlier projected cost of Rs 9,600 crore.
According to CRISIL report,the International Airport "Phase I is expected to be implemented at a cost of Rs 13,562 crore, and will have a capacity of one crore passengers per annum.
GVK, which is developing the Navi Mumbai Airport, had announced last week it has achieved financial closure for the construction of the first phase of the airport.
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01-2026
