Wednesday, November 28, 2018

GMR,GVK, Reliance and four other bidders shortlisted for Bhogapuram airport

Seven bidders, including GMR Group, GVK Power and Infrastructure Ltd and Essel Infraprojects Ltd have been shortlisted for Bhogapuram Airport in Andhra Pradesh, sources told Moneycontrol.

The shortlisted bidders are Reliance Infrastructure (Reliance Airport Developers Pvt Ltd), GMR Group, GVK Power & Infra Ltd, Essel Infraprojects Ltd, Doit Urban Infranetwork Ltd, National Investment and Infrastructure Fund (NIIF) and Fairfax India Holdings.

“They have been given three months’ time to submit final request for proposals (RFP) for the greenfield airport,” said people aware of the development.

The bidders have been selected after receiving approval for their request for qualification (RFQ).
Sources said that Airports Authority of India (AAI) has been barred from participating in the bidding process. In June this year, the Andhra Pradesh Airports Development Corporation Ltd (APADCL) had issued fresh tender barring all government agencies to participate in the bidding process.

Emails sent by Moneycontrol to all the shortlisted bidders didn’t elicit any response.

Bhogapuram International Airport will be constructed at Bhogapuram, near Vishakhapatnam in AP. It will be built at an approximate cost of Rs 42.1 billion. The government had given 'in-principle' approval to Bhogapuram International Airport Corporation Limited (BIACL) for the establishment of the airport in Oct-2016. It is expected to handle more than 18 crore passengers at a time.

The government has set two years’ time to complete the project. Starting next year, the project should be complete by December 2020.
27/11/18 Nikita Vashisht/
To Read the News in full at Source, Click the Headline


Post a Comment