Sunday, November 18, 2012

Wait for Navi Mumbai airport bids gets longer

Mumbai: City and Industrial Development Corporation plans to start the bidding process for Navi Mumbai airport after completing the crucial land acquisition process, a move that could delay the project and push up the costs further.
Although the project received the green nod November 22, 2010 it has been stuck largely due to delays in land acquisition and lack of approval from the Centre for the issue of request for qualification (RFQ).CIDCO had planned to issue the request for RFQ in June in parallel to land acquisition and rehabilitation of affected villagers. However CIDCO, which is the nodal agency for airport project, now
plans to issue the RFQ after the land acquisition issues are sorted out.
Navi Mumbai airport will be spread over 2020 hectares and of which nearly 1400 hectares are already in possession of CIDCO.
18/11/12 Aneesh Phadnis/Business Standard