The City and Industrial Development Corporation (CIDCO) has granted another extension for the financial bidding of the proposed green field Navi Mumbai International Airport (NMIA) as it received only one bid till January 25, after an extension of 15 days was granted on January 9, 2017. The four bidders had to submit financial bids for the Rs 16,500 crore NMIA project by 3pm on Wednesday. However, only the GVK group-led Mumbai International Airport Limited (MIAL) submitted its financial offer for the project. Mohan Ninawe, senior public relation officer of Cidco said, “We have given another extension for the financial bidding. Before the third extension granted on Wednesday, a first extension was granted on November 5, 2016, and a second on January 9, 2017.

Source: dna January 26, 2017 02:03 UTC