Saturday, March 18, 2017

PAC draft report flag concerns over Delhi airport JV

New Delhi: The Public Accounts Committee has raised concerns about various operational aspects of the Delhi airport in its draft report, which is yet to be approved by all the panel members.
The Indira Gandhi International Airport (IGIA) is operated by DIAL -- a public private partnership where the majority stake is owned by GMR group. The other stakeholders are state-owned AAI and Germany's Fraport AG.
In the draft report, prepared by the committee, concerns have been raised about various aspects of the venture, including about use of land, shrinkage of space for passengers and share of revenue received by AAI, sources said.
The committee, chaired by senior Congress leader K V Thomas, has prepared the draft report titled 'Implementation of Public Private Partnership -- IGIA, Delhi', they added.
17/03/17 Times of India