: GMR Infrastructure Limited has emerged as the highest bidder overtaking GVK and Doit Smart Infrastructure for the proposed greenfield Bhogapuram airport project near Visakhapatnam in Andhra Pradesh, a senior state government official said Tuesday. The financial bids were opened by officials of the Andhra Pradesh Airports Development Corporation (APADCL), a government nodal agency, on Monday. "We have opened the price bid. GMR emerged as the highest bidder. It has quoted a passenger fee of Rs 303. There were totally three bidders who participated in the bidding - GMR, GVK and Doit Smart," principal secretary, Energy, Infrastructure & Investments of Andhra Pradesh Ajay Jain told PTI. He said GVK offered Rs 207 while DOIT offered Rs 261 fee per passenger, he added. "Now that the price bid has been open, it has to get the approval of the board, then it will go to the government and later to the finance and law departments. Ultimately, it will go to the cabinet which ..
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