Tuesday, June 17, 2008

Biggies vie for airport makeover project

Kolkata: India's largest construction company, firms from Canada and Turkey as well as an Italian-Thai joint venture have bid for the Rs 1,942 crore modernization project of Netaji Subhas Chandra Bose International Airport.
All three international firms have Indian partners.
While the Indian firms will have to meet the financial norms, the foreign partner will bring expertise to the table.
Eleven companies had initially shown interest in the airport modernization project and six - Hervé Pomerleau Canada-Consolidated Construction Consortium Ltd, Italian-Thai Development Public Co Ltd-Cementation India Ltd, TAV Tepe Akfen Yatirim ve Isletme AS-Punj Lloyd Ltd and Larsen & Toubro Ltd, Laing O'Rourke UK-Simplex Infrastructures Ltd and CSCHK Hong Kong-Soma Enterprise - were shortlisted by Airports Authority of India. The last two did not submit the bid on Monday.
"The deadline for submission of bids was 11 am on Monday. Four parties did so. We will now verify the bank guarantees. Bids will be opened once the bidding process for Chennai airport is completed on June 23," NSCBI Airport modernization in-charge SPS Bakshi told TOI.
Though consortiums can bid for projects at both airports, two different companies will be selected for the two schemes. Hence, the decision to keep the selection process in abeyance till the deadline for submission of Chennai airport bids.
17/06/08 Subhro Niyogi/Times of India
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