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Navi Mumbai airport bids to be opened in January 2017

Navi Mumbai airport bids to be opened in January 2017
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The initial bids for development of the Navi Mumbai international airport are likely to be opened early next month, with leading players, including GMR and GVK expected to be in the fray.

The airport, which would help in easing the congestion at the existing aerodrome in Mumbai, is to be developed through a public-private partnership. City and Industrial Development Corporation of Maharashtra Ltd (CIDCO) had proposed the development of the airport.

Officials said the bids received following the issuance of RFQ (request for qualification) are likely to be opened in the second week of January next year. A clutch of entities, including GMR, GVK and Hiranandani groups as well as the Tatas, are believed to have put in their bids for the project, officials added.

In February this year, CIDCO invited RFQs and the deadline for submissions was extended a number of times. It was first extended to 30th July, then 2nd September and 31st October. Finally, after another extension, the deadline ended on 10th December.

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