The long awaited Request for Qualifications (RFQ) for Navi Mumbai International Airport has been issued by the City and Industrial Development Corporation of Maharashtra (CIDCO), which has set a four month deadline for the submission of bids.
CSIA operator, Mumbai International Airport Limited (MIAL), will have first refusal on the new greenfield gateway, which could open as early as 2018 and serve as a reliever airport for Chhatrapati Shivaji before eventually replacing it.
Located on a 1,060 hectare site 35km from CSIA, the new gateway will initially be equipped to handle 10mppa, rising to 35mppa by 2030 and eventually 60mppa following four development phases.
The first two development phases of the new airport – building it and then raising its 35mppa – is expected to carry a $1.9 billion price tag.
Bidders are required to have at least three years experience of operating an airport handling more than 10mppa. The airport must also have and a top 100 ranking in either ACI’s Airport Service Quality (ASQ) programme or Skytrax.
CIDCO, which will have a 26% in the new airport, is seeking requests for qualification by 18 June, with qualified parties will be announced on 5 August and the winner announced in late 2014/early 2015.
Sanjay Bhatia, vice chairman and managing director of CIDCO, says he expected “an aggressive bidding process” based on expressions of interest from a number of international investors such as Larsen and Toubro (L&T), the Essel Group – which counts ADC & HAS Airports Worldwide as a partner – and Reliance Infrastructure.