New Delhi: The Civil and Aviation Ministry will soon float Request for Qualification (RFQ) document for select six airports including the recently refurbished Chennai and Kolkata airports and is open to offering 100 per cent stake to private players.
Highly placed sources in the Aviation Ministry said RFQ for Kolkata and Chennai airports along with four others – Guwahati, Jodhpur, Ahmedabad and Kolkata would be also issued in the next few weeks. ``These airports would be given on the concessional basis to the private parties for a period of 30 years and Airport Authority of India (AAI) may not have equity participation as we are open to giving 100 per cent stake to private parties,’’ sources in the Ministry said.
Sources said AAI, during the 30-year period, will continue to get revenue share which will be decided on the basis of discussions held with the prospective bidders. To a question as to why AAI, which had put in thousands of crores to modernise these airports would not have any stake participation, sources said even in the existing private airports, AAI does not have any say in operation and management therefore it was felt not to go in for equity stake.
29/08/13 The Hindu
To Read the News in full at Source, Click the Headline
Highly placed sources in the Aviation Ministry said RFQ for Kolkata and Chennai airports along with four others – Guwahati, Jodhpur, Ahmedabad and Kolkata would be also issued in the next few weeks. ``These airports would be given on the concessional basis to the private parties for a period of 30 years and Airport Authority of India (AAI) may not have equity participation as we are open to giving 100 per cent stake to private parties,’’ sources in the Ministry said.
Sources said AAI, during the 30-year period, will continue to get revenue share which will be decided on the basis of discussions held with the prospective bidders. To a question as to why AAI, which had put in thousands of crores to modernise these airports would not have any stake participation, sources said even in the existing private airports, AAI does not have any say in operation and management therefore it was felt not to go in for equity stake.
29/08/13 The Hindu
