• Bids for NaMu airport to open in January 2017

    The financial bids for the proposed Navi Mumbai International Airport (NMIA), which is expected to ease the burden on the Mumbai airport, is likely to be opened in the first or second week of January, as the two-month extension given to three bidders in the fray draws to a close.

    In November, the City and Industrial Development Corporation (CIDCO) had given a two-month extension for financial bidding to three bidders shortlisted for submission of request for proposal (RFP) for NMIA. The first deadline ended on November 5, and the bidders had sought more time.

    According to a CIDCO official, three bidders have been given two months to submit the RFP. Now, the final deadline is January 9, 2017. CIDCO had received nine request for qualifications (RFQs) and, in June 2015, it had shortlisted four companies and consortia. Three companies are currently in the fray for the project.

    According to sources, the company or consortium that proposes the highest revenue share with CIDCO, will win the bid to develop and operate the NMIA. Justin Bailey Jersey

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