The Navi Mumbai international airport project may miss the earlier December 2019 target for completion of its first phase, with an extension in the period allowed for bids and delays in various clearances.
Tag: Zurich Airport
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Navi Mumbai airport project to be further delayed
The Navi Mumbai airport bidding process is likely to be delayed further with the entry of a fourth player, a consortium of Voluptas Developers (Hiranandani Group) and Zurich Airport, into the fray. A deadline of September 1 was set for submission of request for proposal (RFP) documents for the three bidders in the fray earlier.
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Private players should infuse Rs.50,000 cr
At present, the financial status of the aviation industry is not sound. We have to recognize the potential of the industry. India can be a proposed hub. In global aviation ranking, the Indian aviation sector stands at ninth position.
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Pre-bid meeting for Navi Mumbai airport
About 20 companies participated at the pre-bid conference for the Navi Mumbai International Airport project. This was the first meeting after the City and Industrial Development Corporation (CIDCO) had floated the request for qualification (RFQ) for the proposed airport.