Airports and infrastructure major GMR has emerged as the highest bidder for green-field Bhogapuram International Airport project for which Andhra Pradesh government had invited bids from prospective developers in July last year.
The financial bids were opened by the officials of Andhra Pradesh Airports Development Corporation (APADCL), a government nodal agency, on Monday.
The successful bidder has offered a fee of Rs 303.00 per passenger as a share of revenue to the government while Doit Smart Infrastructure India Private Limited and GVK, the other two companies in the fray, have offered a fee of Rs 261 and Rs 207 per