The City and Industrial and Development Corporation (CIDCO) has extended the deadline for submission of Navi Mumbai airport project bids by a fortnight after it attracted only one bidder — GVK group. GVK will also have an opportunity to revise its offer if it so wishes.
Tag: GVK
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Navi Mumbai airport bids to be opened in January 2017
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.
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´Operators don´t follow AAI rules´
Vice-president of Maharashtra Navnirman Vidyarthi Sena, Akhil Chitre, has alleged that Mumbai Airport operators, GVK, are not following the rules laid down by Airports Authority of India.
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GVK reaches out to JSW Group for stake sale: Reports
The Reddy´s, founder promoters of GVK, have reached out to JSW Group with an offer to sell their controlling stakes in their crown jewels - the two airports in Mumbai and Bangalore.
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Rent and reward
True wealth to the nation is generated only when the land is put to productive use. Long-term land lease over land acquisition can accelerate the investment cycle in India.
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MIAL inks pact with Oasis for airport land development
Mumbai International Airport (MIAL) awarded 1.16 million sq ft of land parcel at the airport for Rs 580 crore to Oasis Realty for commercial development.
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NHAI to put Shivpuri-Dewas road project for rebidding
The National Highways Authority of India (NHAI) will soon put the Shivpuri-Dewas road project in Madhya Pradesh for rebidding.
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GVKs Tokisud production
GVK Coal (Tokisud) Company, a subsidiary of GVK Power & Infrastructure Ltd, expects to start coal production at its Tokisud mine in Jharkhand and supply the fuel to the parent companys 540-MW Goindwal Sahib thermal power plant in Punjab by November
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GVK faces action over road project
The National Highways Authority of India (NHAI) has served showcause notices for termination and debarment on GVK Transportation for failure to mobilise the needed money for the Rs 2,815-crore Shivpuri-Dewas project in Madhya Pradesh. The company was awarded the project in January 2012.
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Still a distant dream?
The establishment of the road regulator, as was announced in the 2013-14 Union Budget, might take place only after the elections. While many industry players want a regulator to be set up, what will the entity finally look like? Rahul Kamat takes a peek at the current trends.