Sunday, December 18, 2016

Initial bids for Navi Mumbai airport to open in January

Mumbai: After much delay, the initial bids for development of the Navi Mumbai international airport are likely to be opened early next month, with leading players, including GMR and GVK expected to be in the fray. The Navi Mumbai airport, which would help in easing the congestion at the existing international aerodrome here, is to be developed through a public private partnership.

City and Industrial Development Corporation of Maharashtra (CIDCO) proposed the development of the airport. Sources said the bids received following the issuance of RFQ (Request For Qualification) are likely to be opened in the second week of January next year. A clutch of entities, including GMR, GVK and Hiranandani groups as well as Tatas, are believed to have put in their bids for the project, sources added.

In February this year, CIDCO invited RFQ and the deadline for submissions was extended quite a few times. It was first extended to July 30, then September 2 and October 31. Finally, after another extension, the deadline ended on December 10.
18/12/16 DNA
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