NEW DELHI, JULY 20, 2004:
The Financial Express
Competition heats up for modernisation projects of Mumbai and Delhi
airports as 10 consortia including Reliance, Bharti, Videocon and
DLF have submitted expression of interest (EoI) for the projects.
Ten consortia have submitted their bids to the Airport
Authority of India (AAI) for modernisation and restructuring of the
two airports by the 1700 hours deadline on Tuesday, a civil aviation
ministry source said.
NRI-promoted DS Construction has submitted its bid with
UK-based John Laing, the group company of Laing O Ruk which is
handling two projects of $470 million at Heathrow Airport. The British
company has also worked on the Dubai airport extension. The UK-based
partner will provide construction support whereas technical help in
airport management will come from consortium member Munich Airport Ltd,
a DS construction official told FE.
Confirming Essel groups tie-up with Turkey-based
TAV group, which is operating Istanbul, Ankara and Tehran international
airports, Essel group vice-president, corporate brand development, Ashish
Kaul said: The group has submitted an EoI through our group company,
Pan India Paryatan Ltd, which is managing theme parks under the brand
name Essel World and Water Kingdom.
Videocon has collaborated with Australias MYPH Corporation,
which manages the Sydney Airport. The UK Infrastructure is their construction
advisor for the project.
While Larsen & Toubro (L&T) has joined hands with
Piramal, Fraport and GMR (which is developing Bangalore airport) are
partners for the projects.South India-based GVK group (developing Hyderabad
airport) and Airports Company of South Africa have submitted EoI as
partners.
Bharti Enterprises and Singapores Changi Airport
Managers and Partners (Champs) had already submitted their bid on Monday
after forming a joint venture.
Other bidders are Macquaire Bank of Australia and Delhi-based
construction company DLF. Partners of Reliance, DLF and Macquire could
not be known. An inter-ministerial group (IMG), comprising officials
from ministries of civil aviation, finance and law and disinvestment
department, will finalise the evaluation criteria and open the EoI documents
by the end of this month, a civil aviation ministry official said.
Financial consultant for the project, ABN-Amro, will examine
the bids on the laid-down criteria and policy guidelines before short-listing
them. The short-listed candidates will be asked to submit their request
for proposals , tech and financial bids and architectural plans.
The empowered group of ministers (EGoM) will then finalise
the two candidates by the year-end. As per the laid down norms, the
same consortium is not allowed to bid for both the airports. Companies,
however, did not disclose their preference for the projects