GVK wins contract to build Navi Mumbai greenfield airport
Strap: Project cost pitched at Rs 16,000 crore
PTI
Mumbai
The Rs 16,000-crore greenfield Navi Mumbai international airport project on Monday moved a step closer to reality a decade after it was cleared, with GVK Group bagging the financial bid to build and operate the facility.
GVK Group that runs the swanky MIAL (Mumbai international airport) pipped rival GMR Group to bag the contract for the proposed facility in Navi Mumbai which will ease the severe congestion at the Chhatrapati Shivaji International Airport.
The new airport was proposed in 1997 and received the government's nod in 2007. The project got delayed due land acquisition issues securing necessary government permissions including environmental clearance.
The first phase of the airport is expected to be operational in 2019 and will be able to handle 10 million passengers annually, CIDCO said in a statement.
The new airport is estimated to handle 60 million passengers by 2030 when it is expected to operate at full capacity.
Though the Maharashtra government had been talking about a 2019 commissioning deadline for long, on Monday the City and Industrial Development Corporation (CIDCO) did not say anything in this regard.
The implementing authority of the project, CIDCO said GVK-MIAL, which anyway had the first right of refusal as it runs the present city airport, bagged the financial bid by offering 12.60 percentage points revenue share, while GMR, which runs the Delhi airport offered only 10.44 percentage points revenue.
It can be noted that at Request for Quotation (RFQ) stage, MIAL-GVK, GMR, Tata Realty-MIA Infrastructure and Zurich Airport-Hiranandani Group were qualified for making financial bids. Except for GVK and GMR, others had withdrawn from the bid last month.
“The evaluation committee will prepare a report on the qualified bids which will be sent to the state Cabinet for its approval and final decision about selection of the bidder,” it added.
Initially, January 9, 2017 was decided as the last date for submission of financial bids. While GVK had submitted its bid that day, others backed out forcing CIDCO to extend the opening of the bids twice. The bids were opened today after submission by GVK and GMR groups. (More)
TAKING FLIGHT
The new airport was proposed in 1997 and received the government's nod in 2007. The project got delayed due land acquisition issues securing necessary government permissions including environmental clearance
The first phase of the airport is expected to be operational in 2019 and will be able to handle 10 million passengers annually
The new airport is estimated to handle 60 million passengers by 2030 when it is expected to operate at full capacity
It can be noted that at Request for Quotation (RFQ) stage, MIAL-GVK, GMR, Tata Realty-MIA Infrastructure and Zurich Airport-Hiranandani Group were qualified for making financial bids
