Nagpur: MADC (Maharashtra Airport Development Company) plans to give three more years to companies to start work which have been unsuccessful to do so in past three years. The will be discussed in the next meeting of the company’s board.
81 companies have taken land in Mihan. CM Devendra Fadnavis, who is the chairman of MADC, and union transport minister Nitin Gadkari, who heads the task force on Mihan, had asked MADC to issue termination notices to 43 companies which had failed to start work in 3 years in December 2015. Only 12 companies have replied to the notices up to now.
According to a source, eight companies had sought more time to start work and remaining 4 had agreed to surrender their land. Extension will only be given to companies that submit a proper project plan.
HCL, DLF, GP International, Soni Polymer, etc. have saught more time. HCL was given an extension by the board in its last meeting.
Asara Realty Ventures, DLF, HCL Technologies, Lokmangal Infotech, Manmohan Manganese Products, Max Aerospace, Millennium Drawell, R&D Tech, Soni Polymers, Wipro Technologies, Zeta Softech, etc. have received termination notice.
Read more: Times of India
