Latest news with #NMIAL
Indian Express
08-08-2025
- Business
- Indian Express
Third phase of Navi Mumbai airport may see close to Rs 30,000-crore investment
While the first and second phase of the Navi Mumbai International Airport (NMIA), which includes the development of Terminal 1 and a runway, and will be inaugurated in September this year, has been built at a capital investment of Rs 20,000 crore, the Adani Group will incur an investment of an additional Rs 30,000 crore in the third phase, which will see the development of Terminal 2 by 2029, said a senior official of Adani Airport Holdings Ltd (AAHL). In the initial phase, the upcoming greenfield facility will be equipped to cater to 20 million passengers per annum (MPPA). In the first phase, a cargo terminal is also coming up, which is likely to be operational in 2026. Once the third phase is completed, the airport will have the capacity to handle 50 million passengers per annum. Having incurred Rs 20,000 crore in phase one and two of the airport, the company has also created the enabling work for the construction of phase three of the airport, AAHL Chief Financial Officer (Airport Business) Arun Bansal said. The third phase will include construction of a second terminal along with a second runway. The company hopes to align the groundbreaking ceremony for the third phase of the airport with the inauguration of the first two phases, which is expected to take place by the end of next month, he said. 'As of now the designing of phase three is on and we believe it (phase three) will be a Rs 30,000-crore project. Besides Terminal 2 and a second runway, it will also will include APMs (automated people movers) and Metro works,' Bansal said. The construction work for phase three will begin in the next six-nine months, and will be completed in three-and-half years, he said. Once all five phases of the mega airport project are completed, the second airport in the Mumbai Metropolitan Region will have a capacity to handle 90 million passengers per annum with two runways and four terminals, as per Navi Mumbai International Airport Ltd (NMIAL). NMIAL is the special purpose vehicle set up to develop and operate the greenfield international airport in Navi Mumbai, with Adani Group holding 74 per cent equity and City and Industrial Development Corporation (CIDCO) holding the remaining 26 per cent stake in the entity. Bansal said the airport is likely to get the aerodrome licence by the end of this month, which will pave the way for the facility to start operations. 'We filed our application long back. The Directorate General of Civil Aviation (DGCA) has already done the inspection around 15-20 days back. They will come back once again. So, we are expecting to get the licence by the end of this month,' he said. Recently, two airlines IndiGo and Akasa Air announced a tie-up with Adani Airport Holdings to operate flights from Navi Mumbai airport once commercial operations start. The company is in the advanced stages of discussion with other domestic and international carriers to start their flight operations from the airport, Bansal said. Besides the upcoming Navi Mumbai airport, Adani Group is also the owner and operator of the existing Mumbai International Airport in a 74:26 partnership with the Airports Authority of India. When asked about the timeline for the complete closure of T1 (Terminal 1) of Mumbai airport, Bansal said it will coincide with the opening of Terminal 2 at Navi Mumbai airport, which is expected to take place around mid-2029. A part of T1, he said, is already closed due to structural issues. Mumbai International Airport has two terminals, T1 and T2, with a single crossing runway. T1 caters to domestic passengers while T2 handles both domestic and international passengers. The new airport in Navi Mumbai will decongest the existing Chhatrapati Shivaji Maharaj International Airport. Last December, the new airport's runway was tested for handling commercial flights with an IndiGo aircraft landing successfully on runway 26/08. A month before that the private airport operator along with the AAI successfully conducted the flight calibration of the airport's Instrument Landing System (ILS). In October 2024, an Indian Air Force plane did a test landing on one of its runways.
The Hindu
24-06-2025
- Business
- The Hindu
Passengers at Navi Mumbai International Airport to pay up to ₹1,225 as UDF
Regulator AERA has allowed levying of a User Development Fee of up to ₹1,225 at the upcoming Navi Mumbai airport on an ad-hoc basis. The airport is being developed by the Navi Mumbai International Airport Ltd (NMIAL). Passengers flying out from the airport, which is to be operational later this year, will have to shell out ₹620 for domestic flights and ₹1,225 for international flights as the User Development Fee (UDF). For disembarking passengers, the UDF will be ₹270 and ₹525 for domestic and overseas flights, according to AERA's 42-page order. The UDF charges have been approved on an ad-hoc basis for the 2025-26 financial year. The Airports Economic Regulatory Authority (AERA) said it has been decided to allow levying ad-hoc UDF as an interim measure till March 31, 2026, or till final determination of regular tariff, whichever is earlier. "The revenue to be collected by NMIAL on an ad-hoc basis in the interim period shall be accounted for by the authority during the regular tariff determination exercise of NMIA," the order said.
NDTV
24-06-2025
- Business
- NDTV
Navi Mumbai Airport Passengers To Pay Up To Rs 1,225 As User Fee
Mumbai: Regulator AERA has allowed levying of user development fee of up to Rs 1,225 at the upcoming Navi Mumbai airport on an ad-hoc basis. The airport is being developed by the Navi Mumbai International Airport Ltd (NMIAL). Passengers flying out from the airport, which is to be operational later this year, will have to shell out Rs 620 for domestic flights and Rs 1,225 for international flights as the User Development Fee (UDF). For disembarking passengers, the UDF will be Rs 270 and Rs 525 for domestic and overseas flights, according to AERA's 42-page order. The UDF charges have been approved on an ad-hoc basis for the 2025-26 financial year. The Airports Economic Regulatory Authority (AERA) said it has been decided to allow levying ad-hoc UDF as an interim measure till March 31, 2026, or till final determination of regular tariff, whichever is earlier. "The revenue to be collected by NMIAL on an ad-hoc basis in the interim period shall be accounted for by the authority during the regular tariff determination exercise of NMIA," the order said.
Time of India
24-06-2025
- Business
- Time of India
Passengers at Navi Mumbai International Airport to pay up to Rs 1,225 as UDF
The Navi Mumbai International Airport, slated to open later this year, will levy a User Development Fee (UDF) as approved by AERA. Passengers will pay ₹620 for domestic and ₹1,225 for international departures. This ad-hoc UDF, also applicable to arriving passengers, is valid until March 31, 2026, or until a regular tariff is determined. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Regulator AERA has allowed levying of user development fee of up to Rs 1,225 at the upcoming Navi Mumbai airport on an ad-hoc airport is being developed by the Navi Mumbai International Airport Ltd ( NMIAL ).Passengers flying out from the airport, which is to be operational later this year, will have to shell out Rs 620 for domestic flights and Rs 1,225 for international flights as the User Development Fee ( UDF ).For disembarking passengers, the UDF will be Rs 270 and Rs 525 for domestic and overseas flights, according to AERA's 42-page UDF charges have been approved on an ad-hoc basis for the 2025-26 financial Airports Economic Regulatory Authority (AERA) said it has been decided to allow levying ad-hoc UDF as an interim measure till March 31, 2026, or till final determination of regular tariff, whichever is earlier."The revenue to be collected by NMIAL on an ad-hoc basis in the interim period shall be accounted for by the authority during the regular tariff determination exercise of NMIA," the order said.
The Print
23-06-2025
- Business
- The Print
AERA allows temporary user development fee for upcoming Navi Mumbai airport
Passengers flying out from the airport, which is to be operational later this year, will have to shell out Rs 620 for domestic flights and Rs 1,225 for international flights as the User Development Fee (UDF). The airport is being developed by the Navi Mumbai International Airport Ltd (NMIAL). Mumbai, Jun 23 (PTI) Regulator AERA has allowed levying of user development fee of up to Rs 1,225 at the upcoming Navi Mumbai airport on an ad-hoc basis. For disembarking passengers, the UDF will be Rs 270 and Rs 525 for domestic and overseas flights, according to AERA's 42-page order. The UDF charges have been approved on an ad-hoc basis for the 2025-26 financial year. The Airports Economic Regulatory Authority (AERA) said it has been decided to allow levying ad-hoc UDF as an interim measure till March 31, 2026, or till final determination of regular tariff, whichever is earlier. 'The revenue to be collected by NMIAL on an ad-hoc basis in the interim period shall be accounted for by the authority during the regular tariff determination exercise of NMIA,' the order said. PTI IAS RAM RHL RHL This report is auto-generated from PTI news service. ThePrint holds no responsibility for its content.
