Mumbai: Building new infrastructure is never an easy task. It becomes harder when the agency entrusted with the task is government-owned and government-run. When the land required for construction already has people living on it, the matter gets even trickier. And when the region where the project is proposed to come up is a hot bed of political factions, the magnitude of the task multiplies.
The Navi Mumbai airport is a prime example of all the variables mentioned above coming together in a deadly cocktail. When the project was first conceived in the late 1990s, it was to come up by 2004-05 and was envisaged to cost one-third of its present estimates.
Now, the first flight from the new airport is expected to take off in October 2019 and the project is expected to cost Rs 14,000 crore. Four bids of interest have come in. The concession agreement and the request for qualification is being finalised. By November 15, City and Industrial Development Corporation of Maharashtra (Cidco) hopes to hand over documents to the four interested bidders.
26/10/15 Anjuli Bhargava/Business Standard
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The Navi Mumbai airport is a prime example of all the variables mentioned above coming together in a deadly cocktail. When the project was first conceived in the late 1990s, it was to come up by 2004-05 and was envisaged to cost one-third of its present estimates.
Now, the first flight from the new airport is expected to take off in October 2019 and the project is expected to cost Rs 14,000 crore. Four bids of interest have come in. The concession agreement and the request for qualification is being finalised. By November 15, City and Industrial Development Corporation of Maharashtra (Cidco) hopes to hand over documents to the four interested bidders.
26/10/15 Anjuli Bhargava/Business Standard
