Larsen & Toubro has bagged the master
contract for the redevelopment of the Mumbai airport. The total value of the
deal is estimated to be around Rs.5,500 crore and a formal agreement is expected
to by November 2007.
The contract is for the reconstruction
of the domestic and international airport building as well as the air-side
redevelopment of the Chatrapati Shivaji International Airport (CSIA). This
includes the runway and a new integrated cargo complex among others. L&T is
expected to carry out most of the work on its own, except for some technical
contracts like baggage handling, electrical and certain mechanical work that
maybe sub-contracted to domain experts.
Mumbai International Airport (MIAL) is
yet to finalise plans for the other major contract for the city-side
redevelopment, which will include commercial development like hotels, convention
centres and a recreation area planned around the Sahar airport.
Also See:
MIAL re-works
Mumbai airport master plan (18-Jun-07)