By Kunal Gandhi
Accommodation Times Bureau
The Greenfield Navi Mumbai international airport project has
moved a step closer to construction, a decade after it was
successfully declared clear, with the GVK Group bagging the
financial bid to construct and operate the facility. The GVK Group
that runs the MIAL (Mumbai International Airport), piped rival
GMR Group on February 13, 2017, to bag the contract for the
proposed international airport 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 acceptance in 2007. The project got delayed due
land acquisition issues and securing of necessary government
permissions, including environmental clearance.
The implementing authority of the project, the City and Industrial
Development Corporation (CIDCO), said that GVK, 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.
At the Request for Quotation (RFQ) stage, GVK, GMR, Tata
Realty-MIA Infrastructure and Zurich Airport-Hiranandani Group,
were qualified for making financial bids. Except for GVK and
GMR, others withdrew from the bid.