Bombay HC Cancels Cancellation of Bidding Process for Nagpur Airport

New Delhi: Nagpur Bank of the Bombay High Court overturned the cancellation of the Nagpur Airport tender process issued by Mihan India Ltd in March 2020, which prevented the GMR group from resuming operations and airport modernization projects.

Bench of Judges Sunil Shukre and Anil S Kilor ordered Mihan India Limited to take all necessary measures, including signing a concession agreement, within the next six weeks.

“Accordingly, we believe that the impugned disclosure is not sustainable in the eyes of the law and deserves to be quashed and set aside. We further believe that a direction to the Respondents is necessary to take further action in this regard. the matter. The petition is therefore authorized, ”said the judgment.

A copy of the court order has been reviewed by mint.

Mihan India Limited is a joint venture between Maharashtra Airport Development Company and the Airports Authority of India.

Meanwhile, the GMR Group said on Friday it hoped to expand Nagpur’s Babasaheb Ambedkar International Airport in phases to eventually reach a capacity of 30 million passengers per year.

“The first phase of development will see GMR launch a full transformation of Nagpur Airport over a four-year period, including the construction of a new integrated Greenfield terminal with an initial capacity to handle four million passengers per year,” the associated aviation infrastructure, including aprons and taxiways, a new parking and access road and a new cargo terminal, ”the GMR Group said in a statement.

“At the same time, the existing passenger terminal will also be renovated to increase its capacity, improve passenger facilities, introduce modern technology and modernize the general ambience to meet traffic and operating requirements in the interim period” , he added.

GMR Group currently operates airports in New Delhi, Hyderabad and Mactan Cebu International Airport in the Philippines in partnership with Megawide.

To subscribe to Mint newsletters

* Enter a valid email address

* Thank you for subscribing to our newsletter.

Never miss a story! Stay connected and informed with Mint. Download our app now !!

Source link

Previous Railways: Railways review tendering process for private train project
Next Borqs Technologies Receives Notification From Nasdaq Regarding Insufficient Minimum Offer Price | 2021-08-20 | Press Releases

No Comment

Leave a reply

Your email address will not be published. Required fields are marked *