GMR to develop Goa’s Mopa airport

GMR to develop Goa’s Mopa airport
05/09/2016 , by , in ALLIED

Infra major GMR Infra has won the bid to develop and operate the Rs 3,000-crore Mopa airport in Goa on a public private partnership basis with the state government.

GMR has pledged 36.99 per cent revenue sharing with the state government after the airport becomes operational, according to Goa Chief Minister Laxmikant Parsekar. The Chief Minister further added that the other bidders like Airport Authority of India and ESSEL Infra had quoted 32.31 per cent and 27 per cent as the revenue share from the project with state government, which will be operational on BOOT (build, own, operate, transfer) basis.

Going ahead, Prime Minister Narendra Modi is expected to lay the foundation stone for the project during second week of September. This would be the second airport in the coastal state after Dabolim airport in South Goa. In addition, Mopa airport will have the capacity to handle nine million passengers per annum after beingfully operational.

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