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Tuesday, September 27, 2011

Plan to reinvent IMS Vikrant ready to take off

INS VikrantA much-delayed project to convert former aircraft carrier IMS Vikrant into a permanent museum and entertainment zone is finally poised for take-off.

The bids for the Rs 400-crore project, to be carried out on a private-public partnership (PPP) basis, will be opened on Tuesday.

Joint managing director of the Maharashtra Urban Infrastructure Development Company Ltd (MUINFRA) Ashwini Bhide said that there are two bidders in the fray-Ambi Valley Developers and Akruti Builders.

"We are confident that one of them will satisfy the provisions and get the project," she said.

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