MIHAN - Multi-modal International Cargo Hub and Airport at Nagpur is the biggest economical development project currently underway in India in terms of investment. MIHAN is spread over an area of 4354 Hectares. MIHAN is an Ideal business hub, located in the geometrical centre of India and easily accessible to all the metro cities of India. A final destination for all your business related needs, supported by excellent infrastructure, easy and fast procedural systems and continuous support and service through one window operation.
MIHAN Project consists of two parts namely International airport to act as a cargo hub and a Special Economic Zone with residential zone covering a total area of 40.25 sq. km on the southern end of Nagpur. Maharashtra Government formed a special purpose entity in the name of Maharashtra Airport Development Company (MADC) for development of MIHAN. The project is financed by multiple Indian banks with total loan amount of INR 3,000 million along with investment from state government and Airports Authority of India. With a projected target of serving 14 million passengers and handle 0.87 million tones 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.
The proposed plan for the upcoming international airport and cargo hub
To meet the increase in demand of air traffic in India and provide the required world-class infrastructure for the aviation sector, the existing airport of 400 hectares would be expanded to 1364 hectares. The project consists of widening and extending the present runway (3200 meters x 45 meters) to (3600 meters x 45 meters) to meet international standards. Also it will have provision for a similar runway (4000 x 60 m) in the future. The airport will have parking space for 50 aircraft at any time with 50 additional bays at fringe areas.
Special Economic zone:
A new SEZ of 2086 hectares, largest multi-product SEZ in India, would be built along side the airport. Out of 2086 hectares, 1472 hectares would be used by various processing units to be set-up and remaining 614 hectares for service sector unit. Like all SEZs it will have financial incentives and soft taxation policy to attract investment. The initial set-up material for these units and later raw material will be duty-free. Major sections of SEZ would be - * Information technology park spread over 500 hectares and would include all necessary infrastructure for IT companies. * Health city spread over 40 hectares that will have multi-specialty hospitals along with training institutes for nurses and medical technicials. * Manufacturing industry unit that would include industries from sectors like textile and garment, gems and jewelry, food processing, pharmaceuticals and bio-medical. It would also have units for finance and insurance service companies
Central Facility Building will have administrative offices of various government departments working for MIHAN project and main office of Development Commissioner of MIHAN. It will also have other government offices like post office, Customs and excise office. The total area of CFB would be 22,200 sq.ft and it would located at main entrance of SEZ. Building will have 3 main blocks and 2 small blocks connecting the main blocks. Thus it will resemble "W" in elevation. Water demand for the project would be met using dual supply. Water from Wadgaon reservoir would be brought in along with water from 2 small lakes which lie within premises of MIHAN. The two small lakes would be deepened, cleaned and beautified to store and supply fresh water to MIHAN. Project will also have its own sewage water treatment plant(STP) to reuse water for non-domestic purpose. Storm drainage work consists of 10 km long channel and 9 cross-drainage work. Separate telephone exchange building is being build for telecommunication related infrastructure. The entire MIHAN project would be having fiber optics cable laid. MIHAN will have 2,4 and 6 lanes road with total internal length of roads at 51 km. Two flyovers would be built over the NH-7 which runs on one-side of project. The two flyovers would help connect MIHAN with other side of highway without causing traffic congestion at the main entrance.