HC upholds stay on Maharashtra Airport Development Corporation plan to change rail terminal contractor

Nagpur: In a decision which may put the ambitious cargo hub in Nagpur on hold till a courtroom battle ends, the high court has rejected MADC's plea to vacate a stay on granting Indian Railways' subsidiary M/s Concor the contract to develop a rail terminal at Mihan. As an attempt to revive the cargo hub plans, on which the concept of Mihan is based, MADC had earlier this year awarded the contract to Concor. It had done this after terminating the deal with earlier contractor Nagpur Gupta Sical Logistics (NGSL), citing non-performance.
NGSL, which also had Maharashtra Airport Development Corporation (MADC) as partner, says the work could not begin as the state government company did not provide 24 hectares of land required for the job. When MADC terminated the deal with NGSL and tied up Concor, NGSL filed a case in the lower court and got a stay on the deal.
19/07/12 Shishir Arya/Times of India

To Read the News in full at Source, Click the Headline

Categories: airports Jul 2012, Cargo Jul 2012, New Jul 2012