Second Airport for Mumbai

1
CIDCO
Welcome Navi Mumbai International Airport
(NMIA) Presentation to the Golden Maharashtra
Infrastructure Summit 05 August 2009
2
Outline of Presentation

• MMR Navi Mumbai
• CIDCO Brief
• NMIA Background
• Site Orientation
• Air Travel Demand
• Project Detail
• Projects Financial Model
• International Consultants on Project
• Milestones for Implementation of NMIA
• Opportunities for Pvt. Sector Participation

3
Mumbai Metropolitan Region

• Area - 4355 Sq.Km
• Population 17.81 M (2001)
• Proj. Population - 23.50 M (2011)
• Major Growth Centers
• Gr. Mumbai, Navi Mumbai, Thane,
• Vasai-Virar, Kalyan

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Navi Mumbai

• Largest Planned City
• Area - 344 Sq.Km.
• Target Population - 2.0 M
• Target Employment - 0.8M
• Holding Capacity - 3.0 M
• Existing Population - 1.50M
• Existing Employment -0.40M
• Fast Growth Rate -12

5
CIDCO

• Incorporated in 1970 under the Indian Companies
  Act, 1956
• Fully Owned by Government of Maharashtra with
  equity base ofRs. 3.95 crores
• Expertise in
• Urban Planning Architecture
• Transportation Planning
• Engineering Design and Execution
• Social Services
• Economics Finance
• Marketing Estate
• Lands Survey

Navi Mumbai, the flagship Project
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Objectives

• To decongest Mumbai by creating alternate city
  along the Thane Creek
• Raise living standards by providing physical and
  social services
• Provide an environment for leading fuller and
  richer lives
• Support state-wide industrial location policy

7
Navi Mumbai Present Status

• Population Planned 30 lakhs
• Present 15 lakhs
• Nodes Developed - 8
• Nodes Under development - 6
• Housing by CIDCO - 1,20,000 tenements
• Road Constructed - 300 km.
• Railway Constructed - 55 km
• Water supply - 350 MLD
• Sewarage Treatment Plant - 375 MLD
• Schools - 128
• Colleges - 64
• Hospitals - 78

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Ongoing Projects

• Navi Mumbai International Airport
• Navi Mumbai SEZ
• Exhibition Centre, Vashi
• Central Park, Kharghar
• Golf Course, Kharghar
• Urban Haat, Belapur
• Seawoods Housing Scheme (Phase II)
• VastuVihar Celebration Hsg Sch, Kharghar
• Seawoods Railway station Complex
• Kharghar Hill Plateau
• International Diplomatic Enclave, Airoli
• Gram Vikas Bhavan, Kharghar

9
Need of 2nd Airport

• MMR Present Air Travel Demand 25.86 MPPA
• MMR Air Travel Demand reaches 91 MPPA by 2030-31
• Mumbai airport saturates by 2013 with 40 MPPA
• Mumbai needs 2nd Airport to absorb balance air
  travel demand

10
NMIA - Background

• Sept.2001 CIDCO through GOM
  submitted TEFS Report
• Aug 2006 The ICAO simulation
  study confirms that independent
  operation of both the airports is feasible and
  safe.
• Feb 2007 CIDCO submitted
  Project feasibility Business Plan Report

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Approvals GOI/GOM

• 31 July 2007 MOCA , GOI granted
  in-principle approval for NMIA
• 17th Aug.2007 CIDCO Board approved the
  development of Navi Mumbai
• international
  Airport (NMIA)
• 30th July 2008 State Cabinet, GOM, has approved
  the development of NMIA
• 15th May2009 MOEF amended the CRZ 91
  Notification for permitting
• Navi Mumbai
  Airport in CRZ areas

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SITE ORIENTATION
MIA
VASHI
KHARGHAR
Sion-Panvel Expressway
KALAMBOLI
NERUL

NMIA
MTHL
ULWE
Bombay-Pune Expressway
MMSEZ
NMSEZ
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NMIA - Accessibility
Existing Linkages Roads NH-4B, SH-54, Amra
Marg Rails Khandeshwar rly. Station
on CST-Panvel Rly. Proposed Linkages Roads
MTHL, Amra Marg ( 4 Lane) Rails Airport
station on Ring railway/metro Water
Hovercraft Service to South Mumbai

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NMIA Travel Demand Design Capacity
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NMIAs Salient features
SALIENT FEATURES 1. Area Proposed - 2815
Acres (1140 Ha.) 1. Airfield - Conforms to latest
ICAO standards. 2. Aerodrome code 4-F
(A-380) 3. Runways TWO independent parallel
runways (3700 x60 m)- 1035 Mtr. Apart -
Orientation 08-26 4. Parking Aprons - 102 (
Aircraft stands)Night Parking - 25 5.
Terminal Area Domestic 3 lakhs Sq.
m International 2 lakhs Sq.m
PROJECT COST AND FINANCIAL ANALYSIS. Basic Cost
Rs. 4,765 cr. (2006-07) project
Period 30 Years Project Phases
4 Nos. FIRR 16.17
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Financial Analysis

• Basic Cost Rs. 4765 cr
• Total Project Cost Rs. 9970 cr
• Phase 1 Project cost Rs. 4200 cr
• Project Period 35 years
• Project Phases 4
• FIRR 16.17

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Project Financial Model
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Project Model SPV Undertakes a Part of the
Project Development Expenses
Pre-Development Phase
Post-Development Phase
Lease Rentals
CIDCO
AAI
Developer
_at_ 8 pa on Rs. 679 crore during the Operations
Period
Rs. 822 Crore
Project Development Expenditure
Equity 13
Rs. 143 crore
Technical, Environmental Other Studies Rs. 50
crore
Equity 13
Equity 74
Rs. 143 crore
Rs. 814 crore
Land Acquisition and RR Rs. 772 crore
Debt _at_ 10.5 (10) pa
Lender
SPV
Rs. 2564 crore
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Project Cost Means of Finance
Project Cost
Rs. Crore
Means of Finance
Rs. Crore
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Profitability and Sensitivity Analysis
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International Consultants on Project

• LBG-RITES-INECO Consortium Master Plan DPR
• CWPRS Pune - Training diversion of Gadhi Ulwe
  rivers
• IIT Bombay - EIA Environment Consultant
• Hemant Sahay Associates- Legal Consultant
• Airport Project Document Reviewer - ICAO

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Oppertunities for Pvt. Sector Participation

• Geo-technical Investigations Various field
  works
• Area Leveling and Land Development works
• Development of various Airport allied
  facilities
• Development of Plant Equipment for the Airport
• Operation Maintenance of Ground Services
• Airport Off-Site Infrastructure
• Development of Airport Supporting Activities

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Milestones for Implementation of NMIA
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Thank You