Thursday, January 26, 2017

GVK Sole Bidder for Navi Mumbai Airport

New Delhi: The Maharashtra government has received only one bid for building Mumbai's second airport in Navi Mumbai, placing a question mark over when the already delayed project would take off.

GVK Power and Infrastructure Ltd, which runs the existing Mumbai airport, was the only bidder when the deadline, already extended once, ended on Wednesday afternoon.

"We got only one bid so we are giving an extension of two weeks now, so the next closing date will be 13th February," said Bhushan Gagrani, managing director, Cidco, the city-planning arm of the Maharashtra government.

Navi Mumbai is Asia's largest public-private partnership airport project, expected to cost around $2.5 billion.
26/01/17 Mcclatchy/AviationPros
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