| Airport Development|
| Government of Maharashtra|
Special Purpose Company
Maharashtra Airport Development Company Limited abbreviated as (MADC), is a Special Purpose Company constituted in 2002 by the Government of Maharashtra (GoM) to play a lead role in the planning and implementation of the Multi-modal International Cargo Hub and Airport at Nagpur (MIHAN) project, MADC would also take up development of other Airports in Maharashtra not managed by the Airports Authority of India (AAI) and Indian Air Force (IAF) in order to provide air connectivity between District Headquarters and State Capital, Mumbai.
Maharashtra Airport Development Company Wikipedia
Keeping in mind all the key objectives, MADC was formed with equity participation fromCity and Industrial Development Corporation Ltd. (CIDCO),
Nagpur Improvement Trust (NIT),
Maharashtra Industrial Development Corporation (MIDC),
Maharashtra State Road Development Corporation Ltd. (MSRDC) and the
Nagpur Municipal Corporation (NMC)
Integrated with the development of MIHAN, the master plan of the project consists of a Special Economic Zone comprising an Information Technology City, a Health City, a Captive Power Plant and other Manufacturing and Value Added units.
The MADC has been tasked with developing some existing airports in Non-Metropolitan regions of Maharashtra. These are :Amravati Airport
The remaining airports in the State of Maharashtra continue to remain under the jurisdiction of the MIDC.
The Government has approved proposals for developing three greenfield airports.Shirdi Airport
Chhatrapati Sambhaji Raje International Airport near Purandhar in Pune district
Boramani International Airport in Solapur