Goa Airport Concession Agreement

John Fernandes, President of the Goas Congress, said that the proposed Goa Mopa airport was not necessary and said that the existing international airport (Dabolim) would be sufficient for „70-80 years“ and that if one thought about an airport in the north, a similar idea should be made for another facility in South Goa. In the third quarter of 2014, the Goa government launched a tender for the Goa Mopa Airport project, which is estimated to cost €30 billion ($552 million) and is based on a public-private partnership (PPP). The opening of Mopa Airport will not require the closure of the existing Dabolim Airport. The State`s contribution is limited to the provision of land to the project. Nearly 1500 hectares will be acquired for the planned airport. GMR Airport Limited has been awarded the contract to develop and operate the new airport. Construction began in November 2016. GMR Goa International Airport Limited will operate the airport under a 40-year concession contract. The current Goa Airport in Dabolim is a civilian enclave operated by the Aviation Authority of India (AAI) on a military airfield of the Indian Navy. Civil and military operations share a common runway and cause serious air traffic jams. This discourages the long-term growth of civilian traffic at the airport. [4] The central government had already given its agreement in principle in March 2000 for a second airport in the state of Goa, but the project remained stalled for 14 years due to land acquisition issues and local disputes. 09-Nov-2016.

GMR Airports Limited (GAL) has signed a concession contract for Goa Mopa Airport, which will be built according to a DBFOT (Design, Build, Finance, Operate and Transfer) model for a 40-year concession term renewable of 20 years. The financial statements are expected by the beginning of the 2017/2018 financial year and the airport would be developed in three years from the financial balance date. Operation of the airport is expected to begin in mid-2020. Prime Minister Narendra Modi laid the groundwork for the project on 13 November 2016. [13] In January 2017, the Goa government declared an area within a five km2 radius of the airport „Mopa International Airport Planning Area“, in order to regulate growth near the project area. [14] The Government of Goa approved and issued the tender document for the Goa Mopa Airport project. .