GE deploys team to identify airports

New Delhi: Planning a foray into the airport modernisation business in India, GE Infrastructure is in the process of identifying bankable projects out of the 35 non- metro airports that are being upgraded through public- private partnership route.
GE Infrastructure, which is into energy, transportation and water process technologies, has deployed a team to identify the non-metro airports which it thinks can be given a distinct GE identity.
The company intends to bid for the modernisation work through a consortia for which it is talking to other companies.
"We are in discussion with some companies to form consortia to bid for the projects," GE Infrastructure President and CEO Pratyush Kumar told PTI.
However, he declined to give names of the companies.GE Infra claims to have the expertise in airport management after its acquisition of airport development and consulting firm AviaSolutions. GE Commercial Aviation Services (GECAS), a group company, bought a majority stake in the UK-based AviaSolutions last year.
28/05/08 Press Trust of India/Business Standard

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Categories: Airports May 2008, New May 2008