The Airports Authority of India (AAI) has issued Requests for Proposals (RFP) for the operation, management and development of the following six international airports:
The term of the concession agreements shall be for a period of fifty years. The selected concessionaires shall broadly be responsible for operations and management of the existing airport assets as well as for designing, engineering, financing, construction and development of further/additional air-side, terminal, city-side and land-side infrastructure.
The concessionaires will pay a monthly per-passenger fee pay to AAI, in respect of each passenger (both domestic and international) handled at their respective airports.
Proposals for all six airports are due on 14 February 2019. AAI plans to issue Letters of Award (LOAs) on 28 February.
Kakinada Gateway Port Limited (KGPL), a subsidiary of Kakinada SEZ Limited (KSEZ), has signed a concession agreement with the government of Andhra Pradesh for the development of a greenfield commercial port in Kona Village, East Godavari District, Andhra Pradesh, located in south-east India.
Read moreAndhra Pradesh Airports Development Corporation (APDCL) has received seven responses to a Request for Qualifications (RFQ) for the development of a greenfield international airport in the state, located in the south-east of India. The estimated total investment of the project is INR42 billion (US$574.6 million).
Read moreIRB Infrastructure Developers has announced that its subsidiary IRB PS Highway Private Limited has achieved financial close of the four laning of a 56.8km section of National Highway (NH) 45A (new NH 32) in India, which runs between Poondiankuppam and Sattanathapuram in the state of Tamil Nadu.
Read moreGMR Airports Limited, a subsidiary of GMR Infrastructure Ltd., has announced that it has emerged as the highest bidder for the development, operations and management of Dr. Babasaheb Ambedkar International Airport, located in Nagpur, Maharashtra, central India.
Read moreRamky Infrastructure is reportedly in talks to sell the Narketpally Addanki Medarametala Expressway (NAMEL) concession to Cube Highways, valued at between INR33 and 35 billion (~US$470 and 500 million).
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