Ahmedabad: The dream of an international airport at Dholera is on a fast track to reality. The project received environment clearance in December 2015. Now, the Delhi-Mumbai Industrial Corridor Development Corporation (DMICDC) has invited proposals from experts to select transaction advisors who will help to develop the greenfield airport. "The transaction advisors will mainly prepare a detailed project report (DPR) for the airport," said a source close to the development.
Interested players have been asked to submit their bids before July 1, 2016. A pre-bidding meeting has already taken place where suggestions were taken from interested parties.
"The DPR will cover various aspects such as viability and funding, revenue sharing as well as project structuring," added the source from DMICDC.
Based on the project report prepared by the transaction advisors, private sector players would be invited to develop the project. "Necessary government clearances for the airport at Dholera have been received. Now, the process to bring in private players has been initiated and invitation of proposals for transaction advisors is a step in that direction," the source added.
08/06/16 Kalpesh Damor/Times of India
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Interested players have been asked to submit their bids before July 1, 2016. A pre-bidding meeting has already taken place where suggestions were taken from interested parties.
"The DPR will cover various aspects such as viability and funding, revenue sharing as well as project structuring," added the source from DMICDC.
Based on the project report prepared by the transaction advisors, private sector players would be invited to develop the project. "Necessary government clearances for the airport at Dholera have been received. Now, the process to bring in private players has been initiated and invitation of proposals for transaction advisors is a step in that direction," the source added.
08/06/16 Kalpesh Damor/Times of India
