#MIHAN #NAGPUR #POWERTRAIN


The 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 has two parts:

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 named the Maharashtra Airport Development Company (MADC) for development of MIHAN. The project is financed by multiple Indian banks with a total loan amount of INR 30,000 crore along with investment from the state government and the Airports Authority of India.With a projected target of serving 14 million passengers and handle 0.87 million tonnes 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

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