Tuesday, April 25, 2006

Reliance moves SC on airport privatisation

New Delhi: Anil Ambani-owned Reliance Airport Developers on Monday moved the Supreme Court challenging the Delhi High Court’s verdict upholding the government’s decision to allot Delhi and Mumbai airports’ modernisation work to rival bidders – GMR and GVK led consortia.
Sources said that a Special Leave Petition (SLP) has been filed against the HC’s April 21 verdict holding that the government’s action was in no way “discriminatory, illogical or illegal”.
While upholding the technical parameters adopted in awarding the contracts, the High Court had said that the government and the Airports Authority of India (AAI) had “...absolute discretion to vary the tender requirements or amend the term of RFP (Request for Proposal)” as per the requirements.
Reliance had challenged the award of the contracts to the GMR-Fraport consortium and GVK Industries for the Delhi and Mumbai airports on the ground that the government and the AAI had deliberately amended the tender norms to favour rival bidders.
25/04/06 PTI/Mumbai Mirror