Wednesday, 4 December 2019

Zurich Airport to develop India’s largest airport at Jewar

Swiss company Zurich Airport International has outbid Adani group and GMR group-led consortium DIAL to emerge as the highest bidder for the proposed Greenfield international airport at Jewar.


GMR, which runs the Delhi International Airport (DIAL), had the first right of refusal (RoFR) if the difference between its bid and the highest bidder was within 10%. This not being the case, the RoFR clause became redundant.


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