Mumbai: GVK Infra which operates the Mumbai International Airport or MIAL says that it will go all guns blazing to bid for the Navi Mumbai international airport. The state government of Maharashtra recently called for a request for qualification or RFQ for the construction of the much-delayed second airport in Mumbai.
“We will certainly bid for the project. We already have a right for first refusal or RoFR for the project, so we have a prize presence,” Issac George, the chief financial officer of GVK Infra said, in a analyst conference call.
The project had been delayed for many years the state government could not acquire the land required for the project. GVK, which already runs the domestic and international airports, was given an RoFR as they would lose some of their existing traffic. GVK will be asked to match the bid of the highest bidder for the project, and it shall pass on to others only if they refuse to do so.
06/02/14 Katya B Naidu/Business Standard
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“We will certainly bid for the project. We already have a right for first refusal or RoFR for the project, so we have a prize presence,” Issac George, the chief financial officer of GVK Infra said, in a analyst conference call.
The project had been delayed for many years the state government could not acquire the land required for the project. GVK, which already runs the domestic and international airports, was given an RoFR as they would lose some of their existing traffic. GVK will be asked to match the bid of the highest bidder for the project, and it shall pass on to others only if they refuse to do so.
06/02/14 Katya B Naidu/Business Standard
