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Airport revamp: Cabinet approves selection of bidders

The eGoM, on Tuesday cleared the financial bids of GMR-Fraport and GVK-South African Airports consortia.

india Updated: Feb 01, 2006 15:00 IST

The Union Cabinet on Wednesday approved the selection of GMR-Fraport and GVK-South African Airports consortia for the modernisation of Delhi and Mumbai airports.

"The Cabinet has accorded its approval to the report of empowered Group of Ministers on Delhi and Mumbai modernisation and restructuring plan," Civil Aviation Minister Praful Patel told reporters after the Cabinet meeting chaired by Manmohan Singh.

The eGoM, headed by Defence Minister Pranab Mukherjee, had on Tuesday cleared the financial bids of GMR-Fraport and GVK-South African Airports consortia for the Rs 5,400 crore metro airport modernisation projects.

"The final approval has been given. The process will now move on," Patel said.

First Published: Feb 01, 2006 13:16 IST