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More delay for Navi Mumbai airport as Hiranandani gets nod to join race

NEW DELHI: The bidding process for the Navi Mumbai airport, which the government hopes would be operational by 2019, is set to be delayed with the consortium of

Published on: Aug 30, 2016, 10:15:59 IST
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NEW DELHI: The bidding process for the Navi Mumbai airport, which the government hopes would be operational by 2019, is set to be delayed with the consortium of Volputas Developers (Hiranandani Group) and Zurich airport getting the security clearance .

HT Image
HT Image

The security clearance makes Volputas eligible, along with GMR, GVK and MIA Infrastructure, a consortium of Tata Realty and Vinci Airports International SA, to bid for the project.

“The September deadline for submission of request of proposal documents will now have to be revised,” said a civil aviation ministry official.

The City and Industrial Development Corporation (CIDCO) is the nodal agency for the airport project, originally planned to be completed by 2014. CIDCO was expected to award the contract for the green field airport project, by the end of this year, which too may be delayed now.

The Mumbai airport is faced with severe capacity constraint adding to the urgency for a second airport in the city.

The aviation ministry wants the redevelopment plan of the Juhu airport fast-tracked, as reported by HT on June 7. The plan includes extending the Juhu airport runway 650 meters into the sea .

 
ABOUT THE AUTHOR
Tushar Srivastava

Tushar was part of Hindustan Times’ nationwide network of correspondents that brings news, analysis and information to its readers. He no longer works with the Hindustan Times.

Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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