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UPDATE: MADC completed 85% work on MIHAN

09/21/2009 11:30:00 PM

Mumbai, Sep (EPC News): Maharashtra Airport Development Company (MADC), a nodal agency which is responsible for the completion of Maharashtra government ambitious project MIHAN - Multimodal International Hub at Nagpur, has completed 85% of its infrastructure work, said Anil Pereira, Executive Engineer, MADC.

As per the data available with EPC World, MADC has incurred Rs 654.77 crore towards the completion of the said work.

MADC officials said that the company is expecting around Rs 40,000 crore of investment in MIHAN when it gets completed. MADC will invest around Rs 3,000 crore to provide basic infrastructure facilities for the project.
By Rahul Kamat