GVK Power ??set to?? bag ?16,000-cr Navi Mumbai airport project

GVK Power & Infrastructure Ltd is close to bagging the mandate for the mega ₹16,000 crore Navi Mumbai greenfield airport project with the Project Monitoring Committee approving its financial bid.

The financial bid, which was made by the GVK-led Mumbai International Airport Ltd, which had developed the existing airport in Mumbai, was approved by the committee this week.

It now has to secure the government’s approval, which is likely in early November.