SME Times News Bureau | 02 Oct, 2018
GMR Airports on Monday said that it has emerged the highest bidder for
the "development, operations and management" of Nagpur airport on a
Public Private Partnership (PPP) basis.
According to the GMR
Infrastructure's subsidiary, the project involves upgrade,
modernisation, operation and maintenance of Nagpur Airport for a period
of 30 years and includes construction of a new terminal among other
works.
"Two bidders viz. GMR Airports and GVK submitted their
bids. GMR Airports Limited has submitted highest revenue share bid and
expecting Letter of Award shortly," the company said in a statement.
The
MIHAN India, a joint venture between Maharashtra Airport Development
Company and Airport Authority of India, had started the RFP (request for
proposal) process to privatise the Dr. Babasaheb Ambedkar International
Airport in March 2018.
