New Delhi: The ministry of Civil Aviation on Thursday approved a proposal for setting up a second airport in the National Capital Region.
Minister of State for Civil Aviation Mahesh Sharma said the GMR Group, which operates the Indira Gandhi International Airport Ltd here, would be preferred for developing the proposed airport. The proposal would soon be sent to the Cabinet for approval. Once the project gets the required approvals, the civil aviation ministry will offer the contract for building and running the proposed Jewar airport in Greater Noida to the GMR Group. The GMR Group has the right of first refusal (RoFR) for any airport that is built within a 150-km radius of the existing airport in Delhi.
Under RoFR norms, the existing airport operator will be asked to match the lowest bid arrived at after the bidding process for the proposed Jewar airport. According to the rules, GMR’s bid will be accepted only if it is equal to or less than 10 per cent of the bid offered by the lowest bidder.
26/06/15 Indian Express
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Minister of State for Civil Aviation Mahesh Sharma said the GMR Group, which operates the Indira Gandhi International Airport Ltd here, would be preferred for developing the proposed airport. The proposal would soon be sent to the Cabinet for approval. Once the project gets the required approvals, the civil aviation ministry will offer the contract for building and running the proposed Jewar airport in Greater Noida to the GMR Group. The GMR Group has the right of first refusal (RoFR) for any airport that is built within a 150-km radius of the existing airport in Delhi.
Under RoFR norms, the existing airport operator will be asked to match the lowest bid arrived at after the bidding process for the proposed Jewar airport. According to the rules, GMR’s bid will be accepted only if it is equal to or less than 10 per cent of the bid offered by the lowest bidder.
26/06/15 Indian Express
