Monday, July 10, 2023

Noida airport likely to invite expression of interest for MRO this week

Noida International Airport Ltd (NIAL) is likely to invite this week expression of interest (EoI) for development of MRO facilities at the upcoming airport in Jewar near Delhi, according to officials. The EoI will be open till October this year and NIAL is expecting response for MRO not only from commercial airlines and private operators but also aircraft manufacturers, a senior officer said.

MRO stands for Maintenance, Repair and Overhaul in the aviation industry. It refers to the activities involved in maintaining, repairing, and overhauling aircraft, aircraft components, and systems to ensure their airworthiness and safe operation.

"The EoI for developing MRO facilities at Noida International Airport will be floated soon, likely this week. We are expecting a response from private operators, airlines and aircraft manufacturers for the MRO," NIAL's chief executive officer Arun Vir Singh told PTI.

"The time for response on EoI will remain open till October this year and based on the inputs, we will decide the future course of action that is whether to form a joint venture or opt for any other method for development of MRO facilities," Singh said.

An EoI is a preliminary step in the tendering process where interested parties express their intent to participate in a specific project or contract. It helps the procuring entity assess the suitability of potential bidders before moving forward with the formal bidding process.

10/07/2023 PTI/Economic Times

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