Sunday, March 26, 2006

Easier norms for metro airports revamp likely

New Delhi: For the proposed modernisation of Chennai and Kolkata airports, the Government is planning to drop the restricting clause, as was the case of Delhi and Mumbai, that a company could take up only one airport for development.
Consequently, it may allow interested parties, including those already participating in the development of Delhi, Mumbai, Bangalore and Hyderabad airports, to bid for Chennai and Kolkata airports too.
The Government has selected a consortium led by the GMR group for developing Delhi airport, while a consortium led by the GVK group is to modernise the airport in Mumbai. Similarly, a consortium led by Siemens has already started work on the new greenfield airport in Bangalore. The restructuring process for the Kolkata and Chennai airports will start soon after the assembly elections in the two states are completed, said officials.
The Tamil Nadu Government recently agreed to provide several thousands of acres of land free of encumbrances for the airport project to start.
25/03/06 Ashwini Phadnis/Hindu Business Line
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