Mumbai: Maharashtra cabinet today gave its assent for the City Industrial Development Corporation (CIDCO) to issue a Request for Proposal for the proposed Navi Mumbai International airport.
Replying to a debate on Mumbai and Konkan in the Assembly, Chief Minister Devendra Fadnavis gave this information and said four consortiums had been short-listed but one was disqualified as it did not get a security clearance.
Fadnavis said the first phase, which will handle one crore passengers, will be commissioned by 2019.
"The Rs 16,000 crore project is being implemented through Public-Private Participation and CIDCO has a 26 per cent stake in it. CIDCO already has 80 per cent of the land in its possession. Nearly 95 per cent of the land has been acquired through consent," he said.
Provision of Rs 40 crore will be made for development of Ambavade village, the native place of Dr B R Ambedkar, on the occasion of his 125th birth anniversary, the Chief Minister said.