Navi Mumbai International Airport bidding deadline extended to January 25
AVIATION & AIRPORTS

Navi Mumbai International Airport bidding deadline extended to January 25

After receiving one bid for development of Navi Mumbai International Airport (NMIA) recently, CIDCO has extended the deadline for submission of financial bids to January 25, 2017. MIAL (GVK Group) was the only qualified bidder to submit its bid on January 9, forcing Cidco to set a fresh deadline for the Rs 16,700-crore project.
 
As per reports, GMR Airport, MIA Infrastructure (Vinci Airports and Tata Realty) and Voluptas Developers (Hiranandani and Zurich Airport) did not submit bids. Cidco officials have sought permission of the project management and implementation committee to extend the deadline and a new date was set. The corporation has returned the bid documents of MIAL (GVK), considering the fresh deadline; hence, MIAL (GVK) can submit a fresh bid along with others on the extended date.
 
According to reports, as per rules, Cidco can go ahead even if there are only one or two bids. The corporation may however, grant another extension if there are only one or two bidders on January 25.
 
According to reports, GMR Airport, Voluptas Developers (Hiranandani and Zurich Airport) and MIA Infrastructure (Vinci Airports and Tata Realty) had indicated they would not participate in the bids due to problems in the project. Further, some qualified bidders reportedly pointed to delay in pre-development work, land acquisition and rehabilitation of project-affected persons, and also lack of stage two environmental clearances, besides award of pre-development works to a bidder in the fray, and deadlines set for completing development of the airport.

After receiving one bid for development of Navi Mumbai International Airport (NMIA) recently, CIDCO has extended the deadline for submission of financial bids to January 25, 2017. MIAL (GVK Group) was the only qualified bidder to submit its bid on January 9, forcing Cidco to set a fresh deadline for the Rs 16,700-crore project.   As per reports, GMR Airport, MIA Infrastructure (Vinci Airports and Tata Realty) and Voluptas Developers (Hiranandani and Zurich Airport) did not submit bids. Cidco officials have sought permission of the project management and implementation committee to extend the deadline and a new date was set. The corporation has returned the bid documents of MIAL (GVK), considering the fresh deadline; hence, MIAL (GVK) can submit a fresh bid along with others on the extended date.   According to reports, as per rules, Cidco can go ahead even if there are only one or two bids. The corporation may however, grant another extension if there are only one or two bidders on January 25.   According to reports, GMR Airport, Voluptas Developers (Hiranandani and Zurich Airport) and MIA Infrastructure (Vinci Airports and Tata Realty) had indicated they would not participate in the bids due to problems in the project. Further, some qualified bidders reportedly pointed to delay in pre-development work, land acquisition and rehabilitation of project-affected persons, and also lack of stage two environmental clearances, besides award of pre-development works to a bidder in the fray, and deadlines set for completing development of the airport.

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