14.1.16

NaMu Airport snippets


The Union aviation ministry gave the go-ahead to finalize bids for the Navi Mumbai airport, marking the climax of a 15-year process to commission the city's second international airport.
There are four bidders at the moment, awaiting the Union home ministry's security nod. Once this is received, the developer who offers maximum shares to Cidco, the nodal agency , will be chosen and can start construction by September-October this year.
The government is firm that the project be completed within deadline -CM Devendra Fadnavis has spoken about taking off from Navi Mumbai in 2019 -in view of the already congested Chhatrapati Shivaji International Airport.
The four entities in the race include the GVK-led Mumbai International Airport Ltd (MIAL), GMR that runs Delhi airport, Zurich Airport with Hiranandani Developers, and MIA Infrastructure of France (which developed Vinci airport in France) with Tata Realty. Sources said one of the bidders might have to opt out over security issues.
Sources said MIAL can exercise the `right of first refusal' in the tendering process, whereby it may win the contract even if its bid is not less than 10% of the highest bidder.
“The ministry of civil aviation, the apex body to develop airports in the country , paved the way for Cidco's flagship Rs.15,000 crore Navi Mumbai airport project to move to the crucial second stage of bidding by agreeing to the bid document and project agreements,“ Cidco MD Sanjay Bhatia said.
Besides the civil aviation minister and officers, officials of the Airports Authority of India, DGCA, air force, Bureau of Civil Aviation Security , Airports Economic Regulatory Authority , Niti Aayog, finance ministry , home ministry , and representatives from customs, immigration, meteorology attended Cidco's presentation on the bidding process and project development held in Delhi Cidco has secured approvals, started bidding for land development works setting the stage for the developer to fast-track the airport. By March, the pre-development work of levelling hillocks, shifting overhead power wires and towers, diverting rivers, etc, will start. Land acquisition and compensating project-affected people have been completed.

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