GMR Emerges As The Highest Bidder For The Privatisation Of Nagpur Airport
GMR Airports Limited, a subsidiary of GMR Infrastructure Limited - has emerged as the highest bidder for the Development, Operations and Management of Dr Babasaheb Ambedkar International Airport, Nagpur on a Public Private Partnership (PPP) basis.
MIHAN India Limited, a joint venture between Maharashtra Airport Development Company (a Government of Maharashtra undertaking) and Airport Authority of India, had started the RFP process to privatize the Nagpur Airport in March 2018. The project involves Up-gradation, Modernization, Operation and Maintenance of Nagpur Airport for a period of 30 years and includes construction of a new terminal amongst other works. Two bidders viz. GMR Airports and GVK submitted their bids. GMR Airports Limited has submitted the highest revenue share bid and expecting Letter of Award shortly.
- Issued By:MIHAN INDIA LIMITED
- Bagged By:
- Region:Western India
- Published On:2018-10-01