Phase-1 of Navi Mumbai airport to be completed by 2018.

The Maharashtra government told prospective bidders for the Navi Mumbai international airport project to submit their proposals by June 18.

The project, which will come up on 1,160 hectares of land, will be built in four phases. The first phase with an annual capacity of 10 million passengers will be completed by 2018. After the completion of the whole project, it will cater to about 60 million passengers a year.

The airport will be developed through public-private partnership on design, build, finance, operate and transfer (DBFOT) basis.

The City and Industrial Development Corporation (CIDCO), which issued the request for qualification (RFQ), said it hoped to acquire the balance 247 hectares required for the project by June this year.

BS