The Maharashtra Cabinet on Wednesday approved a proposal to allow Adani Airport Holdings Limited (AAHL) to operate the Navi Mumbai international airport that is coming up in Panvel.

Earlier, the green field project was to be developed by GVK Airport Developers Limited (GVK ADL), which was also running the Mumbai International Airport Limited (MIAL).

The takeover had earlier been approved by the Directorate of Civil Aviation, Airports Authority of India, SEBI and CIDCO, which is overseeing the project.

Source: The Indian Express