Navi Mumbai Airport Project

CBI probe, funds crunch, ratings downgrade: The many troubles of GVK Group

This comes at a time when the GVK group is already fighting multiple battles.

Mumbai airport launches terminal for storing agro, pharma products

Mumbai airport is the first airport in the country and the third in Asia to obtain "IATA CEIV Pharma" accreditation

Delay in shifting 200 affected families slows Navi Mumbai airport project

On August 31, the GVK group-led Navi Mumbai International Airport awarded the airport's engineering procurement and construction contract to Larsen & Toubro

Battle for stake in Mumbai Airport: HC refuses interim relief to Adani

Adani Group had approached the high court in September seeking execution of its agreement with Bid Services Division Mauritius ('Bidvest'), for sale of Bidvest's 13.5% stake in the airport to Adani

GVK ties up debt for first phase of Rs 55 bn Navi Mumbai airport project

In talks to raise $1 billion via bonds to refinance existing loans

GVK, Cidco set 2021-end as deadline for Navi Mumbai airport's first flight

While Maharashtra has been keen to make airport operational by December 2019, Cidco-GVK concession agreement extends launch timeframe by two years

Five engineers hurt in freak mishap at Navi Mumbai airport site

Cidco officials say the victims were hurt when pieces of loose rock fell on them

Navi Mumbai airport: Project focus now on fundraising

The project monitoring panel of the Maharashtra government has finally approved the group's financial bid