Friday, February 10, 2017

Navi Mumbai airport: CIDCO hopes for 3 bids

Mumbai: Allaying fears that potential bidders were considering withdrawing from the Navi Mumbai International Airport project because pre-development, site preparation and rehabilitation work was incomplete, City and Industrial Development Corporation (CIDCO) Managing Director Bhushan Gagrani said that the company was hopeful of having at least three bids by the February 13 deadline.

The Hindu had reported on January 4 that GMR Airport Ltd and MIA Infrastructure (a joint venture of Tata Realty and Vinci Concessions of France) had raised worries about the project and the resettlement plans.

“We gave a written reply to all four bidders explaining everything in detail,” Mr. Gagrani said. “Firstly, we assured them that the entire work of rehabilitation and resettlement is CIDCO’s responsibility, and bidders need not worry about it. Secondly, no bidders will be penalised if any delay is caused. The appointed day of starting the project by the Company will start only after we give the land free of encumbrance to the PAPs [projected-affected persons].”
Mr. Gangrani said that “out of the four bidders, three bidders are in constant touch with us and we are hopeful that they will bid on February 13. It could also be possible that all four would participate.” He added that should only a single bidder coming forward, the deal will be still be closed. “The final decision will be made by the State Council but we will go ahead with closing the bid on the said date.”
10/02/17 Raina Assainar/The Hindu
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