GVK’s stepdown subsidiary Navi Mumbai International Airport Private Ltd, has awarded the engineering, procurement and construction (EPC) contract for the greenfield airport to the transportation infrastructure and buildings & factories businesses of construction major L&T Construction.
The key development spectrum covers cut and fill works, terminal works including departure and arrival forecourts, airfield development works that include a 3,700-metre-long runway, apron systems, taxiway systems, airfield ground lighting and other facilities, landside facilities covering roads, multilevel car parking, utilities and support facilities.
The passenger terminal building that has been designed with complex forms by the renowned Zaha Hadid Architects is being developed to initially handle a capacity of 10 million passengers a year. The project will subsequently be enhanced to handle 20 MPA.
GVK Reddy, Founder and Chairman, GVK, said: “With the commissioning of the iconic Terminal 2 at Mumbai airport and designing the under construction Garden Terminal 2 at Bengaluru airport, GVK had set new benchmarks in the Indian airports sector. Now, for the Navi Mumbai International Airport, we have to raise the bar over and above what we have achieved at Mumbai and Bengaluru airports.”
“For this challenge, we are partnering with L&T yet again, as their team is very much in sync with our philosophy of delivering world class quality and creating landmarks for others to follow. Am confident that with the high standards of excellence that L&T brings to the table, we will deliver yet another world class airport that will be the pride of India,” he said.
SN Subrahmanyan, Chief Executive Officer and Managing Director, L&T, said: “With its burgeoning demand, Mumbai city was in dire need of a second airport and we have bagged the mandate to build the Navi Mumbai airport. GVK has entrusted L&T to develop some of their major infrastructures and L&T reciprocates their commitment to build a world class airport and to transform GVK’s vision into reality.”
The diversified GVK group is in the process of finalising a strategic investment deal.