![]() Financial Daily from THE HINDU group of publications Saturday, Apr 23, 2005 |
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Logistics
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Infrastructure Navi Mumbai airport to cost Rs 8,760 cr Our Bureau
Mumbai , April 21 THE second international airport in Mumbai, envisaged to be put up at a cost of Rs 8,760 crore would be ready to carry 30 million passengers by 2030. "The Navi Mumbai airport is being developed as one of the world's few greenfield airports and will be spread over 950 hectares. "For the rapid economic growth of the State, in association with IDFC and Mckinsey, action plans for revitalising available infrastructure are under consideration. Auto, chemical and textile clusters are being developed in this area," the State Chief Minister, Mr Vilasrao Deshmukh, said here today at the 97th Annual General Meeting of the Indian Merchant Chamber. The Government has signed MoUs with private sector companies for the generation of nearly 12,000 MW of power in the next five years, Mr Deshmukh said. This summer the Government will purchase approximately 550 to 700 MW power from NTPC and others suppliers. The Dahej-Uran pipeline for supply of natural gas would be made operational by December 2006, he said. Speaking on the sidelines of the function, the Chief Minister said the Government was studying problems associated with free power distribution for use in agriculture pumps. This could mean a reassessment in the State's policy of 2004 for providing free power to farmers, he added. Currently Maharashtra is facing peak power shortage 2,000 MW.
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