Maharashtra Airport Development Company (MADC) is set to expand the Nagpur airport. to one of five bidders in two-three months. Essel Infraprojects, GMR, GVK, PNC Infratech and a consortium of Tata Realty and Tata Projects are major bidder for the project, which is to be awarded in 3 months.
The expansion project will be awarded on a design, build, finance, operate, transfer (DBFOT) mode. A special purpose vehicle will be formed for the project in which MADC will hold 26% while the winning bidder will hold 74% stake.

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