Wednesday, July 17, 2019

GMR and Adani among companies vying for Jewar Airport contract

GMR, Adani, L&T, and Reliance Infra are said to be among the companies competing for a contract to build Jewar Airport in Greater Noida, Uttar Pradesh, India.

A total of 15 companies have so far expressed an interest in constructing the airport under the public-private partnership (PPP) model, which is expected to cost Rs160bn ($2.32bn).

Representatives of Adani Group, Reliance, GMR Group, and L&T, among others, recently participated in the pre-bid conference.

Local media reports suggest foreign investors, including Zurich Airport International and Hong Kong ADP, have also purchased the bid documents.

Mumbai Airport operator GVK Group, Bengaluru Airport owner Fairfax India, sovereign wealth fund NIIF, and PNC Infrastructure are also said to be interested in the contract.

Noida International Airport Limited (NIAL) has been appointed to manage the development of the airport project.

Interested suitors need to submit their bids by 30 October, with the contract expected to be awarded by January next year.
17/07/19 Airport Technology
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