SME Times News Bureau | 19 Mar, 2019
State-owned KITCO Ltd has bagged the project management consultancy
(PMC) contract from Airports Authority of India (AAI) for setting up a
new Rs 600 crore integrated terminal building at Imphal International
Airport, an official said on Tuesday.
The deadline for the completion of the project is 54 months.
This
is the second PMC contract received from AAI after the Mangalore
Airport expansion project, which is currently under process. Both the
projects were awarded through competitive bidding.
"Aviation
division of KITCO had proved its strength and competence in undertaking
major airport infrastructure projects by showing its work at Cochin
International Airport and Kannur International Airport terminals that
were completed on schedule and within cost limits. This has helped us in
getting a winning edge in competitive bidding for AAI projects," said
KITCO Managing Director Cyriac Davies.
KITCO had previously undertaken techno-economic feasibility studies for AAI airports in Faizabad, Meerut and Moradabad.