Tuesday, August 04, 2015

Pre-development work for Navi Mumbai airport to begin in Oct

Mumbai: With all the required permissions and most of the land acquisition in place, the pre-development work at the Navi Mumbai airport is slated to start from October, about three months before announcement of the partner selected for development of the country’s largest greenfield project.
The government-controlled City and Industrial Development Corporation (Cidco), the nodal agency for the international airport project, will hand over the supervision of the pre-development work to winning bidder by the end of the current calendar year.
Cidco wants a closer co-ordination with the partner to develop the airport, a senior official of the agency told FE.
“The winning bidder will be handed over the supervision charges as soon as it comes on board. This will be done to speed up the project and also to bring a greater co-ordination between the government agency and its partner,” the official said.
04/08/15  Rhik Kundu and Shubhra Tandon/Financial Express
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