Larsen & Toubro (L&T) led consortium has been awarded the contract for conducting the feasibility study for the Rs.15,000 crore multi modal international passenger and cargo hub airport proposed to come up at Nagpur. The other companies in the consortium are Ramboll, Crisil and Zurich Airport Consultancy. The consortium’s fee would be Rs.2.97 crore.

Maharashtra State Road Development Corporation (MSRDC), the nodal agency for the project selected the consortium based on the short listed bidders, who had submitted their bids in September 2000.

The consortium would submit the techno economic feasibility study within eight months, while a detailed master plan for the project would have to be submitted within four months. The feasibility report would be related to volume of both passenger and cargo traffic and its handling capacity, various agencies that would be involved during the development of the project, project cost, revenue model, options to raise funds and marketing strategy. 

The project would include upgradation of the existing Nagpur airport runway to handle wide body aircraft, construction of runway in phase II and development of world class infrastructure for transit/trans-shipment cargo of speedy clearance and state-of-the-art facilities for both domestic and international transit, etc.