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Airports revamp: Struck at takeoff?

The consortiums of GMR-Fraport and GVK-ACSA won the contracts for the Delhi and Mumbai airports respectively. This would take the two cities a step closer to the dream of world-class airports.

Published on: Feb 01, 2006 12:30 PM IST
None | By , New Delhi
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GMR takes Delhi, GVK gets Mumbai

The consortiums of GMR-Fraport and GVK-ACSA won the contracts for the Delhi and Mumbai airports respectively. This would take the two cities a step closer to the dream of world-class airports.

HT Image
HT Image

Although GMR was the second highest in terms of financial bids at both the airports, the government gave it the first chance to select the airport of its choice -- because it was the only bidder to score over 80 marks in the technical bids -- provided it matched the highest bid.

GMR, which had offered to share 43.65 per cent of the revenue for Delhi, matched the highest bidder's (Reliance) 45.99 per cent. For Mumbai, GVK was the highest bidder with 38.70 per cent. The second highest bidder was GMR at 33.03 per cent.

Announcing the winners after the decision was endorsed by the empowered Group of Ministers (eGoM), Civil Aviation Minister Praful Patel said the cabinet would give the final approval on Wednesday.

On the legal tenability of the process, since the request for proposal (RFP) was changed midway, Patel said there was a provision in the RFP and the opinion of the eGoM's legal advisers was also taken.

 
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