Nagpur: The state cabinet at its meeting in Mumbai on Wednesday gave approval to drafts of the documents required for finalizing the develop-build-finance-operate and transfer (DBFOT) contracts to be executed with bidders for the city's Mihan project.
The cabinet note said Mihan's partners Maharashtra Airport Development Company and Airport Authority of India, which has 51:49 stakes in the project, has decided to develop the proposed international hub airport through private partners on DBFOT basis.
The necessary approval for it was given in cabinet meeting of July 23, 2017. In accordance with that approval, five qualified private players were chosen through request for quotation (RFQ) basis.
Subsequently, request for proposal and concession agreement documents were sought from them. Of the six firms that qualified for the bids, the Dattatray Mhaiskar helmed Ideal Road Builders (IRB) is now out of the race as it did not produce supporting documents. The five now in fray are — Essel Infrastructure, GVK, GMR, Tata Realty and PNC Infra.
Now, as the RFP and concession agreement have been approved by the state cabinet, Mihan India Limited (MIL) can go ahead with calling of bids from the five companies which have been shortlisted under an earlier process.
18/01/18 Shishir Arya/Times of India
To Read the News in full at Source, Click the Headline
The cabinet note said Mihan's partners Maharashtra Airport Development Company and Airport Authority of India, which has 51:49 stakes in the project, has decided to develop the proposed international hub airport through private partners on DBFOT basis.
The necessary approval for it was given in cabinet meeting of July 23, 2017. In accordance with that approval, five qualified private players were chosen through request for quotation (RFQ) basis.
Subsequently, request for proposal and concession agreement documents were sought from them. Of the six firms that qualified for the bids, the Dattatray Mhaiskar helmed Ideal Road Builders (IRB) is now out of the race as it did not produce supporting documents. The five now in fray are — Essel Infrastructure, GVK, GMR, Tata Realty and PNC Infra.
Now, as the RFP and concession agreement have been approved by the state cabinet, Mihan India Limited (MIL) can go ahead with calling of bids from the five companies which have been shortlisted under an earlier process.
18/01/18 Shishir Arya/Times of India
0 comments:
Post a Comment