Thursday, August 09, 2012

Privatise Chennai, Kolkata airport operations: Plan panel

Chennai: A Planning Commission task force has urged complete privatisation of the operations and maintenance of the Chennai and Kolkata airports. This includes both air and city-side facilities.
The development of these airports, it recommended, should be through a private-public-partnership (PPP) concession. While structuring this arrangement, it should be ensured that the interests of the Airports Authority of India (AAI) employees are fully protected, the task force noted. To start with, bids for the Chennai airport could be awarded within the next four months, followed by the Kolkata airport, it has said.
The task force, under the chairmanship of B.K. Chaturvedi, Member, Planning Commission, went into the financing plan for airports during the Twelfth Five Year Plan.
09/08/12 TE Raja Simhan/Business Line
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