GVK-led MIAL, Hiranandani-Zurich Airport are now the only bidders for the Rs 16,000 cr project
The project requires around 2,268 hectares out of which 1,160 hectares would be utilised for aeronautical purposes
Bidders find construction time frame unrealistic
CIDCO hopes to award the airport contract to the successful bidder by December 2016 so that the project development can kick off
The request for proposal (RFP) and bid documents were issued to the qualified bidders on May 4
Cidco hopes to commission first phase of the project by December of 2019