T3 site is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Podcast Streaming Now

HomeNewsAviationGMR Airports Gets Favorable Verdict for Nagpur Airport Project

GMR Airports Gets Favorable Verdict for Nagpur Airport Project

The Hon’ble Nagpur Bench of the Bombay High Court yesterday (judgement copy available late evening) had quashed and set aside the Letter dated March 19, 2020 issued by MIHAN India Limited annulling the bidding process for the Nagpur Airport and further directed MIHAN India Limited to take all steps in terms of the RFP conditions, including signing of a Concession Agreement for the Nagpur Airport, within 6 weeks.

GMR Infrastructure Limited had earlier announced regarding the award of concession for Nagpur Airport to GMR Airports Limited, a subsidiary of (“GMR”).

It may be noted that GMR had emerged as the highest bidder in the tender process conducted by MIHAN India Limited (MIHAN) for the Nagpur Airport in 2019. The Letter of Award was issued to GMR in March 2019. However, Government of Maharashtra decided to cancel the tender process in March 2020 and MIHAN issued a Letter annulling the bid process.

The decision of MIHAN was challenged by GMR before the Nagpur Bench of Bombay High Court. The Hon’ble Bench heard the petition and delivered the judgement on August 18, 2021, quashing and setting aside the annulment letter issued by MIHAN and directed MIHAN to execute Concession Agreement for the project.

LEAVE A REPLY

Please enter your comment!
Please enter your name here
Captcha verification failed!
CAPTCHA user score failed. Please contact us!
RELATED ARTICLES

SOCIAL FOLLOWERS

FansLike
FollowersFollow

GALLERY

slide2
slide3
slide4
slide5
slide6
slide7
slide8
slide9
slide10
slide11
slide12
slide13
slide14
slide15
slide16
slide17
slide18
slide19
slide20
slide21
slide22
slide23
slide24
slide25
slide26
slide27

Upcoming Events

NEWSLETTER

    Appointment