Six private players bid to develop Nagpur Airport

Six private players, which include Essel Infrastructure, IRB Mumbai, GVK, GMR, Tata Realty and PNC Infrastructure, have responded to the request for qualification (RFQ) floated for the Nagpur airport. With six players responding, it is now pegged to be the biggest ever response to any airport privatisation bid. It is known that the private player will have to invest over Rs 1,400 crore for the expansion and development of the existing international airport.   On the basis of RFQs, companies will be shortlisted for submitting financial bids. And, a decision on RFQs is expected to be taken within a week, according to Mihan India Ltd (MIL), which currently operates the airport and is a JV between Maharashtra Airport Development Company (MADC) and Airports Authority of India (AAI).