Top News

|  Punj Lloyd wins orders worth INR 348 cr from Adani, MbPT  |    |  China to run 1,000 freight trains to Europe in 2017  |    |  India’s first dedicated heliport to open in Delhi  |    |  India to link Kathmandu to Delhi and Kolkata by rail  |    |  South Carolina box volume rises 28% in January to 185,018 TEU  |    |  1st cargo ship from India arrives in Bangladesh  |    |  CSP January throughput rises 7% to 8.38 m TEU  |    |  Korea Shipping to buy 10 HMM box ships as part of USD 633.7m prop up  |    |  Asia-Europe rate falls 6% to USD 858 TEU, off 3.7% to Med ports  |    |  Delhi-bound Kalindi Express collides with cargo train at Tundla  |    |  NITI Aayog reviews high speed rail project  |    |  Vistara extends INR 899 sale offer  |    |  Container volume at Hamina-Kotka port rises 13.5% in January  |    |  Railways freight customers may get fixed rate contracts  |    |  Bahri signs contract to provide Logistics services to SAR  |    |  HAL bags IAI orders  |    |  Chardham highway project will be completed by 2018  |    |  Reliance shipyard in Pipavav to repair US Navy vessels  |    |  Air India Express starts Delhi-Dhaka flight  |    |  Singapore Airlines to start fourth flight from Ahmedabad  |   
You are here: Home » National News » Aviation» GVK wins bid to develop second Mumbai airport

GVK wins bid to develop second Mumbai airport

14 February 2017 | Mumbai
 

transreproter

Mumbai International Airport Limited (MIAL), the GVK-owned consortium running the Mumbai airport has won the bid for the much-delayed, discussed and debated INR 16,000 crore airport project coming up in Navi Mumbai.

Rival GMR Infrastructure was the only other bidder in the final round.

The project is seen as a crucial alternate to the congested airport in the city.

The government had initially approved setting up the airport in 2007, but it ran into several environmental and land acquisition problems till the last stages of the final bid. Each stage has been delayed for months, pending clarity and clearances.

Weeks before the final bid, three of four shortlisted bidders had written to the City and Industrial Development Corporation (CIDCO), the nodal body for the project, saying they want to opt out citing long-unresolved issues such an incomplete resettlement of families in that area and zero pre-development work as well as various issues with the bid document.

Sources in the know said CIDCO has resolved some of the issues.

The airport will span an area of 2,867 acres with a terminal building of 5,23,000 square meters and two runways.

   
Transreproter Logo