Mumbai: City and Industrial Development Corporation (Cidco), a Maharashtra government undertaking, has crossed yet another hurdle with the Union ministry of civil aviation clearing its plea for ‘share till’ approach for the Navi Mumbai international airport, on the lines of Delhi and Mumbai airports. This was one of the issues about which bidders had sought clarification from Cidco. Maharashtra Chief Minister Devendra Fadnavis had personally spoken to Union Aviation Minister Ashok Gajapathi Raju about 10 days ago seeking an early approval in this regard.
Cidco Vice-Chairman and Managing Director Sanjay Bhatia told Business Standard: “Chief minister Fadnavis and the civil aviation ministry informed me about the approval for the ‘share till’ approach. ‘Share till’ means part of the revenue generated from non-aeronautical facilities will also be used for compensating airport passengers. With this, the project will become competitive. Cidco now hopes to get competitive bids.”
Bhatia said Cidco has extended the time for submission of request for qualification (RFQ) to the third week of January. “No further extension will be given,” he added.
08/12/14 Sanjay Jog/Business Standard
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Cidco Vice-Chairman and Managing Director Sanjay Bhatia told Business Standard: “Chief minister Fadnavis and the civil aviation ministry informed me about the approval for the ‘share till’ approach. ‘Share till’ means part of the revenue generated from non-aeronautical facilities will also be used for compensating airport passengers. With this, the project will become competitive. Cidco now hopes to get competitive bids.”
Bhatia said Cidco has extended the time for submission of request for qualification (RFQ) to the third week of January. “No further extension will be given,” he added.
08/12/14 Sanjay Jog/Business Standard
