Goemkarponn desk
PANAJI: Chief Minister Pramod Sawant informed the House that a granted an extension to GMR International to pay the State’s gross revenue from Manohar International Airport (MIA) at Mopa.
Sawant informed that the revenue share of 36.99 per cent would now be payable from December 7 onwards instead of the earlier date of May 31 as per the concession agreement.
“Goa government’s share of 36.99% of the gross revenue from MIA will be payable from December 7, 2024. The delay is due to the petition before the Supreme Court and previously due to the Covid-19 pandemic, which affected overall operations,” Sawant said.
A PPP agreement for the development and construction of a greenfield airport was signed by the State government and GMR Goa International Airport in November 2016.
The airport will be built in four stages, with Phase I having a design capacity of 4.4 million passengers annually (mppa) and Phases II, III, and IV having capacities of 5.8, 9.4, and 13.1 mppa, respectively.
A 634-day extension was granted by the Cabinet in 2020 to complete the development of MIA in light of restrictions imposed by the Supreme Court, National Green Tribunal, and High Court.
The annual premium/concession fee payment date was rescheduled to May 31, 2024, with an extended “revised concession period” ending on May 30, 2059.
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