Sunday, June 23, 2013

AAI cell to handle PPP process for Chennai, Kolkata airports

New Delhi: With Civil Aviation Ministry fast-tracking privatisation of management of Kolkata and Chennai airports, the Airports Authority of India has set up a cell to execute PPP process to operate and maintain these and other aerodromes.
The Key Infrastructure Development (KID) cell, which was in existence during the privatisation of Delhi and Mumbai airports, would handle the public-private partnership process for Kolkata and Chennai airports, which are currently owned and managed by the AAI, official sources said.
It would also take care of privatising and running air and city sides of "certain (other) identified airports", they said.
KID was the nodal point in the AAI for private players who participated in the bidding process during the modernisation of Delhi and Mumbai airports in 2005.
23/06/13 PTI/Business Standard
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