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Monday, November 18, 2013

Cidco to float tenders for airport partner

Cidco to float tenders for airport partner

NAVI MUMBAI: The City and Industrial Development Corporation (Cidco) will soon go ahead with its global tendering of request for qualification (RFQ) to appoint a strategic partner for developing the proposed international airport at Panvel.

This move comes after Prime Minister Manmohan Singh okayed the compensation package offered to the villagers and most of them accepted it.

The comprehensive RFQ document involves evaluating the pre-qualification criterion of bidders, followed by request for proposal (RFP) that includes the technical aspects of the airport and those qualifying being asked to make the commercial bid.

The appointment of a strategic partner would be for the four-phase development of the Rs 15,000 crore airport project, with an investment of around Rs 5,000 crore for the first phase. A major chunk,

Close to 50% of the amount will be required for razing down the Ulwe hill to create the runaway and develope the core aeronautical area.

Mohan Ninawe, Cidco PRO, said, “The RFQ document prepared by our principal consultant M/s Louis Berger is ready. It will be submitted to the chief secretary-led project monitoring and implantation committee. After it is finalised, the draft would be forwarded to Union civil aviation ministry for its approval. Then Cidco will go ahead with the tendering process.” Louis Berger has prepared the master plan, detailed project report (DPR) and financial and transaction advisory services, according to a Cidco brochure on the proposed airport.

The project involves 2,268 hectares – 1,160 for core aeronautical area and 1,108 for outside aeronautical area. The planning body has to acquire 671 hectares-292 in the core area for developing the airport and the remaining outside it.


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