Kannur Airport Project Given to L&T

Published on: 06 Nov, 2013
Published under: General Kerala News, Kannur District News, Kerala Real Estate Updates

6 November 2013
Thiruvananthapuram

Infrastructure and engineering conglomerate Larsen & Toubro (L&T) has been awarded the engineering, procurement, construction (EPC) contract for Kannur airport, the fourth international airport of the State.

The financial bids submitted by L&T, GMR-Limak, ITD Cementation India Ltd, and Sanjose-Gammon were opened on Tuesday in the capital. The lowest bid, by L&T was verified by the consultant and the engineering wing of Kannur International Airport Ltd. (KIAL).

Based on this, the KIAL board, chaired by Chief Minister Oommen Chandy, decided to award the EPC contract to the company which had executed the airport projects in New Delhi, Hyderabad, and Bangalore.

Minister for Excise, Ports, and Airports K. Babu handed over the ‘letter of award’ to L&T cluster head K.M. Shaji in the presence of Additional Chief Secretary, Aviation, V.J. Kurien and KIAL Managing Director G. Chandramouli. The contract will have to be signed in 20 days.

Official sources told that Union Defence Minister A.K. Antony would formally launch the work by the month-end. But, the ground-levelling and tree-cutting work would commence in the next couple of days, they said.

As many as six companies had come up with bids for the EPC. The board had set up a five-member empowered committee, headed by Chief Secretary E.K. Bharat Bhushan, to look into the technical bids. Based on the committee’s report, the financial bids were opened on Tuesday.

The KIAL board had cleared the detailed project report prepared by AECOM Asia. A consortium led by the Hong Kong-based AECOM Asia Pvt. Ltd., and comprising AECOM India Pvt. Ltd. and CRISIL, was the project consultant.

Source– http://www.thehindu.com

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