The bidding process to select a developer for the Jewar international airport crystallised into a four-horse race on Wednesday between leading aviation and corporate heavyweights.
The four shortlisted technical bids belong to Delhi International Airport Ltd (DIAL), Zurich Airport AG, Anchorage Infrastructure (backed by the Canada-based Fairfax Holdings) and Indian conglomerate Adani Enterprises. The companies were picked from a pool of 20 that had participated in the bid floated on May 30 this year.
This was the first half of the bidding. The Yamuna Expressway Industrial Development Authority (YEIDA), which is UP’s nodal agency for the project, will study proposals before accepting financial bids later this month (on November 29) from the shortlisted firms. Read More