Showing posts with label NAGPURS Multi-modal International Cargo Hub and Airport. Show all posts
Showing posts with label NAGPURS Multi-modal International Cargo Hub and Airport. Show all posts

PROJECTS :- International Cargo Hub and Airport at Nagpur

Project Details

Areawise Distribution This land will be utilised for different purposes as shown in the table. The total area to be covered under the project is 4025 ha .

Areawise Distribution :Land Distribution Area in
Hectares (ha)
Total Project Area 4025 ha.
Airport 1200 ha.
Road & Rail Terminal 200 ha.
Captive Power House 52 ha.
IT Parks 400 ha.
Health City 60 ha.
Other Manufacturing & Value Added Units 963 ha.
International School 10 ha.
Residential, Open Spaces, Hotels, Roads, Interchange & RoB,
Water Supply, Storm Water Drainage, Sewage System,
Entertainment, Utility & Land for IAF (exchange) 1140 ha.

NAGPURS Multi-modal International Cargo Hub and Airport

Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) is an airport project for Dr. Babasaheb Ambedkar International Airport, Nagpur. It is the biggest economical development project currently underway in India in terms of investments. The project aims to exploit the central location of Nagpur and convert the present airport into a major cargo hub with integrated road and rail connectivity.

This Project consists of "Two Parts": namely
An International airport to act as a cargo hub and
A Special Economic Zone(SEZ) with residential zone covering a total area of 40.25 km² on the southern end of Nagpur.

The Government of Maharashtra formed a special purpose entity in the name of Maharashtra Airport Development Company (MADC) for development of MIHAN. The project is financed by multiple Indian banks with total loan amount of INR 3,000 million along with investment from state government and Airports Authority of India. With a projected target of serving 14 million passengers and handle 0.87 million tones of cargo this is one of largest aviation project in India. The estimated capital cost of the project is INR 2581 crores (by year 2035) and is supposed to generate revenues INR 5280 crores.