Four companies including GMR Infrastructure have qualified for second stage
bidding for Kushinagar international airport project in Uttar Pradesh. The other
three companies are GVK Developmental Projects, Gammon Infrastructure Projects
and L&T.
In early 2010, the Department of Tourism, Uttar Pradesh, had invited
applications from prospective bidders for upgrading an existing airstrip to an
international airport at Kushinagar and integrated development of a Buddhist
circuit, covering the Buddhist heritage sites of Uttar Pradesh, on a DBFOT
basis.
Post evaluation of the financial and technical capacity of the bidders,
Hyderabad based GMR Infrastructure with the highest weighted average net worth
of Rs 12,424.3 crore was rated the highest by the evaluating committee. L &T
came a close second in technical capacity, while GVK had the second highest
weighted average net worth, of Rs 5,685.97 crore.
The existing functional airstrip of the UP Civil Aviation Authority at
Kushinagar is about 97 acre, with the need to acquire 453 acre more from 12
villages around the airstrip. The state government proposes to build the airport
in a PPP mode, on the DBFOT basis. The project consultant is IL&FS
Infrastructure Development Corporation.
Some of the proposed project components are development of 550 acre allotted
for operational purposes, commercial development of land spread over 50 acre in
Kapilvastu and 200 acre of additional land adjacent to the airport provided for
real estate development.
Also See:
MoEF
clearance for Kushinagar airport (14-April-10)
Related Links:
Project profile