Friday, March 04, 2016

Airport bidding enters final stage

Navi Mumbai: The airport bidding entered the final phase with the high level PMIC headed by chief secretary on Thursday giving nod to three companies to bid for around Rs 16000 crore Navi Mumbai International Airport (NMIA).
The three companies, which cleared the technical competence (RFQ), cleared the final hurdle of union ministry's security clearance earlier in January this year. Zurich international airport and Hiranandani Developers, a consortium, that was in the race had to pull out as the central government did not give it the mandatory security clearance.
The project management implementation committee approved the other three for making the financial bid/request for proposal (RFP) that were also cleared by the Cidco expert committee.
The final nod will be given by the Cabinet which is just a formality, said sources. The three companies in the race for financial bid are: Mumbai international airport limited (MIAL) that has developed the airport in the city, GMR airport Delhi and consortium of MIA infrastructure with Tata Realty and infrastructure.
03/03/16 Sanjay Banerjee/Times of India
To Read the News in full at Source, Click the Headline