GMR, Adani among 19 companies in fray to secure ₹16,000-cr airport project

GMR Infra and Adani Group have joined the technical bidding process for the development of ₹16,000-crore Noida International Greenfield Airport project at Jewar in Greater Noida. The state government is targeting to complete the technical bidding by the first week of November, following which it will take up the financial bidding process, said state cabinet minister, Shrikant Sharma. In fact, the government is aiming for the commercial opening of the first runway by 2023 as the state Cabinet has approved the amended bidding document aimed at providing more amenities to passengers. PricewaterhouseCoopers (PwC) is the project consultant. The Cabinet stamped the amended bidding and draft concessionaire documents by approving the proposal of the state project monitoring and implementation group. Prior to this, the state Cabinet had approved the proposal to float a global tender for the project, apart from the disbursal of ₹895 crore towards rehabilitation and resettlement of the affected and displaced private landowners, said Sharma.