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Airport Projects

India begins work on $2.59bn airport in Maharashtra

The airport is being developed by City Industrial Development Corporation (CIDCO) in collaboration with GVK Power and Infrastructure (GVKPIL). Last month, GVKPIL signed the concession agreement with CIDCO to establish a special purpose vehicle (SPV) known as Navi Mumbai International Airport (NMIAL), which will be responsible for building the new ...

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