TIDCO extends deadline to select consultant for Chennai's second airport

02 May 2019 CW Staff

For building the second airport in Chennai, the Tamil Industrial Development Corporation (TIDCO) has extended its deadline up to June for consultants to submit their bids for assisting the state agency in building the proposed airport.

TIDCO in its advertisement seeking for consultant stated that the order was for a techno-economic feasibility study for the project, identification of sites for development of new greenfield airport near Chennai, and for preparing a detailed project report. That said, the consultant is also expected to assist TIDCO in obtaining statutory clearances and selection of a developer for the project.

Earlier, the bid was decided to be closed by April 1. However, the last date has now been extended to June. Reports suggest that the decision of extending the deadline has come on account of internal reasons considering the size of the project.

Reportedly, many infrastructure developers have showed interest in the proposed airport in Chennai. As per the Request for Proposal document, which was given out by the TIDCO in February this year, Chennai is the fourth busiest airport in the country, and making a second airport will be a strong business case for the southern metropolis.

Tamil Nadu boasts four international airports 鈥� Chennai, Coimbatore, Trichy and Madurai, and two domestic airports in Salem and Thoothukudi. According to the RFP document from TIDCO, Chennai airport has handled 20.36 million passengers in 2017-18, which constituted 6.7 per cent share in India鈥檚 total aircraft movement in 2017-18. Also, it has recorded a 16.3 per cent growth in terms of freight handling in 2017-18.

Resources

17 Jun 2025

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India鈥檚 first Rent Credit Score鈩� platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe鈥檚 payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Real Estate

17 Jun 2025

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group鈥檚 refreshed vision to 鈥楨levate Lifestyle鈥�. This brand transformation represents more than a visual refresh鈥攊t marks a strategic shift in the company鈥檚 mission, visual identity and market positioning. The update will be visible across all of Supreme鈥檚 digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Infrastructure Urban

17 Jun 2025

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India鈥檚 Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India 鈥� from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans鈥� long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat鈥檚 economy. Conceptualized by Rediffusion Brand Solutions, the..