ÑDz©ÌåÓý¹ÙÍøÊ×Ò³

KPMG works on revenue model for Mopa airport
AVIATION & AIRPORTS

KPMG works on revenue model for Mopa airport

Reports indicate that KPMG, the financial consultant for the proposed international airport at Mopa in Goa, is working on the revenue model for the airport.

The state government plans to implement the project on the public-private-partnership (PPP) model and it set up a special PPP cell for the purpose of handing such PPP projects.

The government has already acquired land measuring 58.66 lakh sq m out of the 91.71 lakh sq m area intended to be acquired. The acquired land is in the possession of the directorate of transport, which is the client department for the project.

Meanwhile, KPMG is working on the revenue model as some stakeholders have raised queries of financial feasibility of the airport considering that the existing Dabolim airport will be allowed to continue operations.

KPMG is also presently working on the RFQ (request for quotation) documents which are expected to be completed shortly. The RFQ documents will be published for selecting the prospective bidders, he added. Louis Berger is the technical consultant for the project.

The proposed airport would have dedicated facilities for a cargo hub. In fact, to make the airport cargo handling financially viable, maintenance and repairs may form a part of the Mopa airport project, sources said.

The proposed airport is expected to benefit tourism industry in Goa, create various infrastructure projects, increase flow of investment, boost the service industry and boost to airport-related services and employment.

Reports indicate that KPMG, the financial consultant for the proposed international airport at Mopa in Goa, is working on the revenue model for the airport. The state government plans to implement the project on the public-private-partnership (PPP) model and it set up a special PPP cell for the purpose of handing such PPP projects. The government has already acquired land measuring 58.66 lakh sq m out of the 91.71 lakh sq m area intended to be acquired. The acquired land is in the possession of the directorate of transport, which is the client department for the project. Meanwhile, KPMG is working on the revenue model as some stakeholders have raised queries of financial feasibility of the airport considering that the existing Dabolim airport will be allowed to continue operations. KPMG is also presently working on the RFQ (request for quotation) documents which are expected to be completed shortly. The RFQ documents will be published for selecting the prospective bidders, he added. Louis Berger is the technical consultant for the project. The proposed airport would have dedicated facilities for a cargo hub. In fact, to make the airport cargo handling financially viable, maintenance and repairs may form a part of the Mopa airport project, sources said. The proposed airport is expected to benefit tourism industry in Goa, create various infrastructure projects, increase flow of investment, boost the service industry and boost to airport-related services and employment.

Next Story
Real Estate

Kolkata’s luxury housing market sees price growth amid mixed trends

A new study by Nklusive reveals that Kolkata’s luxury residential market (Rs 5�10 crore) recorded a 33 per cent year-on-year rise in supply and a 52 per cent increase in sales in calendar year 2024 (CY24). South Kolkata led with 78 per cent of the segment’s supply. The average price rose by 6 per cent—from Rs 17,519 to Rs 18,600 per sq ft—while unsold inventory grew by 15 per cent. Monthly absorption improved from 2 to 3 units.In contrast, the ultra-luxury segment (Rs 10 crore and above) experienced a 17 per cent decline in supply and a 30 per cent fall in sales. Central Kolkata acco..

Next Story
Infrastructure Transport

New Expressway to Cut Pune-Bengaluru Travel Time by Half

The upcoming Pune-Bengaluru Expressway is expected to significantly improve connectivity and economic opportunities across Maharashtra and Karnataka. This 700-kilometre greenfield, access-controlled highway will cut the travel time between Pune and Bengaluru from 15 hours to just 7 hours, facilitating easier movement for both commuters and businesses. Starting from Bommanal in Karnataka’s Athani Taluk, the expressway will traverse important districts such as Belagavi, Bagalkot, and Jamakhandi. It will then enter Maharashtra at Kanjle, connect with the proposed Pune Ring Road, and pass throug..

Next Story
Infrastructure Transport

Nagpur’s Koradi Naka to Get Y-Shaped Flyover for Safer, Smoother Traffic

To alleviate traffic congestion and enhance safety at Koradi Naka in Nagpur, a Y-shaped flyover is currently being constructed on National Highway 47. Demolition work has already commenced, with the main construction scheduled to start on June 20, 2025.The project, costing Rs 430.37 billion, involves building a 1,090-meter-long flyover that will connect Farsa, the Mahadula Railway Overbridge (ROB), and Bokhara Road, and will also feature an underpass. The existing structure will be repurposed into a service road to facilitate local traffic.Koradi Naka has been identified as a significant "blac..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement