Seven bids for airport privatization in Gujarat
Airports Authorities of India (AAI) has received bids from seven bidders for privatization of Sardar Vallabhbhai Patel International (SVPI) Airport in Gujarat. The AAI will now proceed with the evaluation of the technical proposal. According to sources, financial proposals will be opened on February 25, after which the winning bidder will be selected.
Proposals for the privatization involve the operation, management and development the Sardar Vallabhbhai Patel International (SVPI) Airport. The companies which submited bids comprised Adani Enterprises Limited, Sydney, Australia-based AMP Capital Investors (UK) Limited, Autostrade, GMR Airports Limited, I Investments Ltd, PNC Infrastructure Ltd and Sanna Enterprises.
The Airports Authority of India (AAI) has attracted several interested companies to its plans to privatize six airports under PPP scheme. The authority launched tenders in December for operation and maintenance concessions for the Lucknow Airport in Uttar Pradesh, Jaipur Airport in Rajasthan, Mangaluru Airport in Karnataka, Ahmedabad Airport in Gujarat, Guwahati Airport in Assam, and the Trivandrum International Airport in Kerala. The redevelopment of the six airports is expected to attract investment of about US$1.4 billion.
Country news
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December 20, 2018
Airports Authority of India launches tenders for six O&M concessions
The Airports Authority of India (AAI) has issued Requests for Proposals (RFP) for the operation, management and development of six international airports.
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November 22, 2018
GMR subsidiary signs concession agreement for US$300 million port project in India
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.
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October 30, 2018
Seven bidders for US$575 million airport PPP in India
Andhra 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).
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October 02, 2018
IRB Infrastructure Developers achieves financial close of US$300 million road project in Tamil Nadu
IRB 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.
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October 03, 2018
GMR wins tender to upgrade and operate Nagpur Airport in India
GMR 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.
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