Govt looking at PPP for Chennai, Kolkata airports

After privatisation of four major airports of the country, the government is now set to explore the possibility of development, operation and maintenance of state-owned Kolkata and Chennai airports through a public private partnership (PPP) model.
The state-run Airports Authority of India (AAI) is developing airports at Chennai and Kolkata at costs of Rs 2,100 crore and Rs 2,350 crore respectively. The modernisation of these two airports has fallen behind schedule, with Chennai airport likely to be operational by June and Kolkata by October.
In a meeting with the Montek Singh Ahluwalia, deputy chairman, Planning Commission and Gajendra Haldea, Advisor in the Planning Commission, civil aviation minister Ajit Singh discussed the modalities for putting these two airports on a PPP mode.
30/05/12 Indian Express

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Categories: airports May 2012, New May 2012