The City and Industrial Development Corporation (CIDCO), for the second time on January 25, 2017, extended the deadline for submitting bids for the Navi Mumbai Airport to February 13, as it received only one R
Tata Group which was planning to bid for 100% stake in Chennai airport has represented to the government on a cross ownership clause in the RFQ, which may not allow Tata Group arm, Tata Realty and Infrastructure, to participate in the bid at all.
The government has withdrawn the the tender inviting preliminary bids for the proposed 4,000 MW ultra mega power project at Surguja in Chhattisgarh.
After retail sector, the power sector too is in for some reform. The Empowered Group of Ministers is expected to consider new bidding norms for ultra mega power projects (UMPPs), reports CNBC-TV18's Mehak Kasbekar quoting sources.
Maharashtra Government is likely to invite 'Request For Qualification' (RFQ) for the construction of the Navi Mumbai airport by month-end, whose master plan was approved recently.
VD Mhaiskar, CMD, IRB Infrastructure Developers in an interview on CNBC-TV18 spoke said that they are starting to see some movement from the NHAI in awarding financial bids.