Sunday, October 05, 2014

Bidders seek fourth extension for Navi Mumbai airport

Mumbai: Even as the decks for the Navi Mumbai international airport have been cleared after all the project-affected villagers gave their consent for land acquisition last week, bidders are now asking for yet another extension.

This is the fourth time the bidders have sought extension from the implementing agency City and Industrial Development Corporation (Cidco) for submission of bids.

The bidders include GVK Group which runs the current airport in the city and has the first right of refusal in the bidding process, Tata Realty & Infrastructure, among others.

In the February round of RFQs, leading companies like Zurich Airport, Ferrovial Aeropuertos, Tata Realty & Infrastructure, Mumbai International Airport (GVK), Srei Infra Finance, Samsung-C&T, IL&FS, GMR Group, Essel Infraprojects, Gensler of US, UK Trade & Investment, and Vinci Concessions India, among others had submitted their bids.

The Cidco had floated tenders for the over Rs 14,500-crore project this February and had fixed June 18 as the date of submission of RFQs. The deadline was, however, extended thrice to July 30, September 2 and October 31, as the bidders sought time to submit the tenders.
05/10/14 PTI/Economic Times
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