Bids for privatisation of six airports postponed
The bid for privatisation of six airports has been postponed to June due to the ongoing general elections, said officials of the Airports Authority of India (AAI), the nodal agency overseeing the bidding process. The due date for the Requests for Qualification (RFQ) for the Chennai, Kolkata, Lucknow and Guwahati airports has been pushed a lot of times.
The projects have received interest from a lot of firms such as IL&FS Transportation Networks, Essar Projects India, Cochin International, Essel Infraprojects, GVK, Fraport, Saudi Arabia, GMR Airports, Sahara Group and Turkish firm Celebi Habacilik Holding AS. However, the revenue-sharing agreement between the private operators has not yet been finalised. Civil aviation ministry favours predetermined rates that would bring in certainty in the amount of charges that will be levied on passengers. However, floating tariff rates can also be considered.
Of the country’s six metro airports, the private operators run four metros — Mumbai, New Delhi, Hyderabad, and Bengaluru.
Source: The Financial Express
Airports, Bengaluru, Bidding, Cochin International, Essar Projects India, Essel Infraprojects, Hyderabad, IL&FS Transportation Networks, inistry, Metro, Mumbai, New Delhi, Privatisation, Requests for Qualification
