Tuesday, January 12, 2016

Navi Mumbai airport bid hinges on developers' security clearance

Mumbai: The wait for bids (request for proposal) for the Navi Mumbai airport got longer.

While the civil aviation ministry has given its approval for issue of bids the process is held up for want of security clearance from the home ministry  of four shortlisted bidders.

GMR group, GVK-led Mumbai International Airport Limited, Hiranandani Developers along with Zurich Airport and Tata Realty with MIA Infrastructure have been shortlisted for the project.

A senior executive from City and Industrial Development Corporation (airport's planning authority) said issue of RFP document is subject to security clearance of the four companies. He declined to give a time frame for receipt of the security nod.
12/01/17 Business Standard
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