Support: +91-22-61011756 / help@projectstoday.com
Help
1. Boolean Searches :

i. AND - Shows results where both terms on either side of the 'AND' operator are present. 'AND' must be in upper case. For example search term - delhi AND metro result - It will return records in which 'delhi' as well as 'metro' both are present.

ii. OR - Shows results where either term (or both terms) is present. 'OR' must be in upper case. For example search term - delhi OR metro result - It will return records in which either 'delhi' or 'metro' or both are present

2. Proximity Searches

A proximity search looks for terms that are within a specific distance from one another. For example, search term - 'delhi metro'~10 result - It will search for records where 'delhi' and 'metro' are found within 10 words of each other

3. Phrase searches

You can search phrases using double quotes. for e.g. 'delhi metro' result - It will return records where 'delhi metro' phrase is found.

GMR Airports emerges winning bidder for Kualanamu International Airport

Thursday, 18 Nov 2021
Share this on :
GMR Airports (GAL), a subsidiary of GMR Infrastructure, has announced as the winning bidder for development and operation of Kualanamu International Airport in Medan, Indonesia (Medan Airport).
 
Angkasa Pura 2 (AP2), the state-owned enterprise and the bidding authority for the Medan Airport, has informed that they have completed the best and final evaluation process for selection of strategic partnership for the Medan Airport and announced GMR Airports as the winning bidder.

It may be noted that GMR Airports and its wholly-owned subsidiary, GMR Airports International B V, had bid for the project as consortium.
 
Medan is the fourth largest urban area in the country and capital of North Sumatra province. GMR Airports will enter into 49:51 partnership with AP2 for this project.  The consortium will transform Kualanamu International Airport into Western International hub of Indonesia.
 
The project scope includes operation, development and expansion of the airport over a period of 25 years.  Kualanamu International Airport is an operating airport with healthy cash flows.

GMR Airports won the bid for this high growth potential brownfield airport, through a closely contested international competitive bid process and will partner with Angkasa Pura 2 (AP2). The Letter of Award (LoA) is expected to be issued in next few days, post-bid formalities, while signing of the project agreements before the end of 2021.
 
Post Your Comments
 
 
   
 

 

 
  
Sign up to start your trial access

Are you...



REGISTER AND GET STARTER KIT ABSOLUTELY FREE!

Free access to Project News and Analysis

Project and Tender Alert in your mailbox

Explore the largest Database on Projects for free

Be part of Online Projects Community

User login
Start Exploring

Subscribe to any of our premium plans to

Access to complete information on 43000+ projects

Use our Notification service for instant update on projects and tenders

Closely monitor your opportunities with "WORKSPACE"

Use our online platform for promotions of your products and services