Hyderabad: GMR Infrastructure, the flagship of the infrastructure conglomerate GMR group that runs four airports across the globe including two in India at Delhi and Hyderabad, is not keen on bidding for the Navi Mumbai airport, said a top official.
Navi Mumbai airport is the second international airport proposed to come up in Mumbai as Chhatrapati Shivaji International Airport (now being operated by the GVK group) is fast reaching saturation level. It is considered the largest greenfield airport project in India since the airports sector was thrown open to private sector in 2006.
Apart from GVK, which has the first right of refusal over the Navi Mumbai airport, several Indian infrastructure firms, including the EPC (engineering, procurement and construction) contractors with experience in building airports are expected to bid for the airport project. After excessive delays, bids the Navi Mumbai airport project, estimated to involve an investment of Rs 9,800 crore are now expected by early second half of this year.
“There has been an inordinate delay in the bidding schedules and there is no clarity on the viability of the project,” said the same official, who did not want to be named, as he is not authorised to speak to the media.
Further, he said, “Originally they (the government) said the bid documents will be out by April. Now they are saying it may take another three to four months. Unless we see the bid document, we cannot arrive at estimation on the viability of this airport for us.”
01/05/11 CR Sukumar/mydigitalfc.com
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