Are there any rights given to the JVC for developing 2nd airport?

No rights have been conferred on JVC however, in case the GOI decides to develop a 2nd airport at Mumbai and Delhi the JVC has been given a Right of First Refusal (ROFR). The JVC would need to complete with other bidders and in case the bid of the JVC is within the range of 10% of the most competitive bid, the JVC will have ROFR by matching the 1st Rank bid in terms of the selection criteria for the 2nd airport.