Representatives of Tata Realty and Infrastructure, Zurich Airport, Ferrovial, Mumbai International Airport Limited (MIAL), Srei Infrastructure Finance, Samsung C&T, IL&FS, GMR Group, Shakat Aviation, Walnut Aviation, Essel Infrastructure and Vinci Concessions India were present. Many financial and technical consultants such as CB Richard Ellis, EY, Gensler and contracting firms such as IRB Infrastructure Developers and Tata Projects also participated.
CIDCO Vice-Chairman and Managing Director Sanjay Bhatia said, "The bidders expressed their fears regarding pre- development works, land acquisition, airspace management, rate regulation and airport connectivity. Details regarding Metro rail connectivity as well as improvement of crucial road linkages were made available. The applicants were assured the majority of approvals had been received.''
Bhatia said the bidders had been told that CIDCO was actively pursuing land acquisition. "We have assured the concession agreement will be entered into only after the entire airport area is in CIDCO's possession.''
Bhatia said some bidders had requested the extension be granted for the filing of RFQ.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)