• Airways
  • Railway
  • Roadways
  • Shipping & Port
Transport Advancement
  • Home
  • News
  • Projects
    Stockholm Metro Expansion

    Stockholm Metro Expansion Backed by €2B EIB Funding

    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

  • Articles
  • Press Statements
  • Market Reports
    Bonded Zones and Mega

    Bonded Zones and Mega Terminals Playing Part Regionally

    Heavy Duty Vehicle Electrification Driving Transportation

    Heavy-Duty Vehicle Electrification Driving Transportation

    European Rail Freights

    2025-2029 European Rail Freight Transportation Market View

    Intelligent Transportation

    Intelligent Transportation System Market – 2032 Growth Story

    MaaS

    Mobility as a Service – MaaS Set To Witness A Global Demand

    Transportation growth in Tourism

    On-Demand Transportation Throttles Growth in Tourism

    Achieving Global Retail Expansion And Sustained Growth

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

  • Events
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Projects
    Stockholm Metro Expansion

    Stockholm Metro Expansion Backed by €2B EIB Funding

    Highways England unveils plans to widen A12

    Highways England unveils plans to widen A12

    African Development Bank, Africa50 in Landmark Bridge Project Linking Kinshasa and Brazzaville

    Geely Holding to Cooperate with China Aerospace Science and Industry Corporation on Developing Technologies Including Supersonic Trains

    AECOM to provide site supervision services for Malaysia’s East Coast Rail Link project

    Talgo obtains €30 million from the European Investment Bank for Innovation projects

    U.S. Department of Transportation Advances Rail Projects in Florida and Texas

    World premiere of the Mercedes-AMG Project ONE: Mercedes-AMG brings Formula 1 technology to the road

    One of the world’s longest electric car highways will be built in Australia

  • Articles
  • Press Statements
  • Market Reports
    Bonded Zones and Mega

    Bonded Zones and Mega Terminals Playing Part Regionally

    Heavy Duty Vehicle Electrification Driving Transportation

    Heavy-Duty Vehicle Electrification Driving Transportation

    European Rail Freights

    2025-2029 European Rail Freight Transportation Market View

    Intelligent Transportation

    Intelligent Transportation System Market – 2032 Growth Story

    MaaS

    Mobility as a Service – MaaS Set To Witness A Global Demand

    Transportation growth in Tourism

    On-Demand Transportation Throttles Growth in Tourism

    Achieving Global Retail Expansion And Sustained Growth

    Shifting Sourcing strategies with Maersk, Bose & Infineon – Reuters Events

    Austal signs agreement to buy BSE Maritime Solutions

    Austal signs agreement to buy BSE Maritime Solutions

  • Events
  • Contact Us
No Result
View All Result
Transport Advancement
No Result
View All Result
Home Airways

GMR Infrastructure to develop Mopa airport in Goa

29th August 2016
in Airways, Asia Pacific, News

Note* - All images used are for editorial and illustrative purposes only and may not originate from the original news provider or associated company.

0
SHARES
22
VIEWS
Share on FacebookShare on Twitter

GMR Airport Limited won the bid to build the international greenfield airport at Mopa, which is estimated to cost over 4,500 crore.

 

The bidder was selected based on the revenue sharing model. The company, which is already operating airports at Delhi, Hyderabad and and an airport in Philippines, beat two others by offering the highest revenue share of 36.99% to the state government. AAI offered 32.31% and Essel Infra Project Limited offered 27%.

 

Out of the five, only three bidders had participated in the request for proposal (RFP) including GMR Airport Limited, Essel Infra Project Limited and Airports Authority of India. Voluptas Developers, which belongs to the Hiranandani Group, and GVK did not participated in the RFP.

 

Chief secretary R K Srivastava said that the state government, with the help of consultant KPMG, answered over 1,000 queries before they participated in the RFP.The online bid was opened by Srivastava. “It is an historic day as the Goa government’s dream Mopa airport project will finally see light of day,” he said.

 

The airport, which will cover a total area of 81,29,455 sq m, will be constructed on design, build, finance, operate and transfer (DBFOT) basis.Initially, the state government will issue letter of award, following the signing of concession agreement with the successful bidder. The concession of the airport will be 40 years, extended for another 20 years. Fresh bids will be called to operate the airport after 40 years with existing bidder being given priority.

 

The airport will be completed in four phases, with the work on the first phase likely to commence in January 2017 and expected to be completed by 2020. The company has to complete the first phase within three years from the commencement of the work.During the first phase, the airport will handle 4.4 million passenger traffic per annum. At present the Goa international airport at Dabolim handles 5.5 million passenger per annum.

 

Work on the second phase will commence once 80% of passenger traffic is handled by the airport. Similarly, work on the third and fourth phase will commence.Stay updated on the go with Times of India News App. Click here to download it for your device.

Previous Post

AF AB acquires Danish traffic consulting company

Next Post

Vortok International has been awarded a large contract by Metro-North Railroad in New York

Related Posts

Pure Hydrogen and FRN Partner on Vehicles Infrastructure
News

Pure Hydrogen and FRN Partner on Vehicles & Infrastructure

11th July 2025
U.S. Targets Chinas Maritime Industry
News

U.S. Targets China’s Maritime Industry with New Tariffs

11th July 2025
Hydrogen Planes The Future
Airways

Hydrogen Planes: The Future of Zero-Emission Aviation

10th July 2025
Pacific Coast Intermodal
News

Pacific Coast Intermodal Port Gets $100mn Construction Fund

9th July 2025
E400 Million Planned for German Ports and Shipping
News

€400 Million Planned for German Ports and Shipping

9th July 2025
Iraq Railway Project
News

Iraq Railway Project Gets $930M Boost for Trade, Jobs

4th July 2025
Next Post

Denver International Airport Sets Record for Busiest Month With 5.4 Million Passengers in July

Latest Post

Hydrogen Planes The Future
Airways

Hydrogen Planes: The Future of Zero-Emission Aviation

10th July 2025
China Airlines Airbus Deal
Airways

China Airlines & Airbus Deal Boosts Asia-Pacific Expansion

4th July 2025
Transforming Air Travel
Airways

Transforming Air Travel: Passenger Terminal of 2030 Vision

26th June 2025
Designing the Future
Airways

Designing the Future Terminal for Smart Operations

26th June 2025
Cybersecurity in Terminal
Airways

Cybersecurity in Terminal Environments: A Rising Priority

25th June 2025
Bonded Zones and Mega
Airways

Bonded Zones and Mega Terminals Playing Part Regionally

25th June 2025
Transport Advancement

About Us

Transport Advancement is a leading information centric website for latest updates within the industry. We cover Railway, Road Traffic, Airways, Shipping & Port and run with an objective to provide knowledge driven content to our readers and subscribers in various forms like news, projects, upcoming events.

Subscribe Us

Resources

  • Advertise with us
  • Contact Us
  • Newsletter Archive
  • Download Mediapack
  • Newsletter Subscription

System

  • Search
  • Site map
  • RSS Feed
  • Airways
  • Railway
  • Roadways
  • Shipping & Port

© 2022 Copyright Value Media Services 2022 All rights reserved.

No Result
View All Result
  • Home
  • News
  • Projects
  • Articles
  • Press Statements
  • Market Reports
  • Events
  • Contact Us

© 2022 Copyright Value Media Services 2022 All rights reserved.