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Navi Mumbai airport project gets new impetus

Four national and international bidders are now vying to bag the job of being the developer and operator.

By: Express News Service | Mumbai |
January 30, 2015 2:33:13 am

The Rs-14,000 crore Navi Mumbai International Airport (NMIA) project has got a boost, with four national and international bidders now vying to bag the job of being the developer and operator for the greenfield airport.

In response to its Request for Qualification (RFQ), the City and Industrial Development Corporation (CIDCO) has received applications from GMR Airports, a consortium of Hiranandani Group and Zurich Airport in Switzerland, MIA Infrastructure Pvt. Ltd and Mumbai International Airports Pvt Ltd (MIAL), the operator of Mumbai’s Chhatrapati Shivaji International Airport. GMR Airports Ltd is the operator for airports in New Delhi and Hyderabad while MIA Infrastructure is a company promoted Tata Realty and Infrastructure and French group Vinci Airports SA, the operator for Lisbon airport.

“By March-end, we will finalise the list of pre-qualified applicants based on their technical, financial and operations capacity. We will issue requests for proposals (RFP) to all those found eligible to participate in the bidding process. They will then have to submit their financial terms and time schedule for completion among other details,” said Mohan Ninave, chief spokesperson for CIDCO. He added that MIAL, a joint venture of GVK Group, would get the right to refusal if their bid is within the 10 per cent less margin of the amount quoted by the highest bidder. CIDCO, which has issued tenders for hill cutting and land levelling, plans to issue work orders by September.

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