DSIJ Mindshare

MADC selects five bidders for final round for Nagpur airport runway project

Five bidders have been selected by the Maharashtra Airport Development Company (MADC) from a group of six applicants for the construction of the second runway at Dr. Babasaheb Ambedkar International Airport at Nagpur.
 
The five companies that qualified for the final stage of bidding are Essel Infraprojects, GMR, GVK, PNC Infratech and a consortium of Tata Realty and Tata Projects. 
 
MADC is the operator of the airport, which is overseeing the expansion plan.
 
Currently, the airport has only one runway which is just over 3 km long and 30 metres wide. The bid is for the construction of a brand new parallel runway that will be 4.5 km long and 60 metres wide.
 
Apart from this plan, the winning company will have to construct a taxiway that can be used to evacuate aircraft to the two soon-to-be-ready maintenance, repair and overhaul (MRO) facilities.
 
At present, the airport has only one MRO which is run by Air India. IndaMer Aviation and Reliance are expected to come up with their MROs shortly.

DSIJ MINDSHARE

Mkt Commentary27-Dec, 2024

International27-Dec, 2024

Multibaggers27-Dec, 2024

Mindshare27-Dec, 2024

Mkt Commentary27-Dec, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR