Construction Mirror News Detail

GVK Invites Bids for Engineering, Construction at Planned Navi Mumbai Airport

September 06, 2018

The GVK-led Navi Mumbai International Airport (NMIA) has sought expressions of interest from companies for construction, procurement and engineering at the airport project. “The scope of work includes but won’t be limited to the cut and fill works, construction of terminal building, airfield works including runway, apron, other airside infrastructure and facilities, landside infrastructure including roadway network, ancilliary buildings, multi-level car park, utilities and other associated works,” it said in a notice. The Rs 16,000 crore NMIA project, being set up in Panvel on the outskirts of Mumbai, will be built on 1,160 hectares of land in phases. The initial concession period is 30 years from the appointed date and is extendable for a further 10 years. The initial capacity has been doubled to 20 million. The GVK-led team is also working on a plan to increase the final capacity of the airport by 50% to 90 million. The much-delayed Navi Mumbai airport is seen as a critical alternative to the existing airport in India’s financial capital which is already bursting at its seams. Mumbai’s airport is India’s second busiest and also its most congested. It handled 48.50 million passengers in 2017-18 and holds the record for being the world’s busiest single-runway airport. GVK, via GVK Airport Holding, owns 50.5% in Mumbai International Airport Ltd. (MIAL), the consortium that runs the existing airport and has won the bid for NMIA. MIAL’s other stakeholders are Airports Company South Africa (10%), Bidvest (13.5%) and the state-run Airports Authority of India (26%).

 

leave your comment