Covid-hit MIAL defers projects worth Rs 3,000cr

The Mumbai International Airport Ltd (MIAL) has deferred capital expenditure of almost Rs 3,000 crore as Covid-19 has led to a sharp fall in the number of air travellers, reducing airports virtually to ghost towns with no immediate need to carry out what in prepandemic times were long-overdue capacity enhancement projects. Sources said these include the Rs 1,200 crore plan to reconstruct Terminal 1B, which goes back to 1965 and is now “structurally weak”.

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