Chennai/New Delhi: Six companies, including the GMR, GVK and Tata groups, have shown interest in taking over Chennai airport's management control. A preliminary closed-door meeting was held at Chennai on Tuesday, against the backdrop of a protest by Airports Authority of India (AAI) employees against the move.
According to sources, officials from six companies arrived at Chennai Airport on Tuesday morning, for a meeting with AAI officials on relevant factors, including the development possibilities, the potential for revenue generation and possible requirements for additional investment.
The companies that came to Chennai include GMR, GVK, Fraport, Reliance, according to sources.
Sources said the Tata Group was expected to form a consortium with the Singapore Airport Authority for bidding. GMR has declined to comment on the protests, since it is at the RFQ stage and the issue is between the government and the unions.
Ministry sources said the unions had expressed concern on whether all employees would be absorbed by the private concessionaire.The government has said no jobs will be lost due to privatisation.Infrastructure Leasing & Finance Services (IL&FS), Essar Infrastructure, Tata Projects, Tata Realty and Infrastructure, GMR Group, Reliance ADAG, Sahara, GVK, Fraport AG and Essel are among those which have evinced interest in bidding.
9/10/13 T E Narasimhan, Gireesh Babu and Sharmishta Mukherjee/Business Standard
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According to sources, officials from six companies arrived at Chennai Airport on Tuesday morning, for a meeting with AAI officials on relevant factors, including the development possibilities, the potential for revenue generation and possible requirements for additional investment.
The companies that came to Chennai include GMR, GVK, Fraport, Reliance, according to sources.
Sources said the Tata Group was expected to form a consortium with the Singapore Airport Authority for bidding. GMR has declined to comment on the protests, since it is at the RFQ stage and the issue is between the government and the unions.
Ministry sources said the unions had expressed concern on whether all employees would be absorbed by the private concessionaire.The government has said no jobs will be lost due to privatisation.Infrastructure Leasing & Finance Services (IL&FS), Essar Infrastructure, Tata Projects, Tata Realty and Infrastructure, GMR Group, Reliance ADAG, Sahara, GVK, Fraport AG and Essel are among those which have evinced interest in bidding.
9/10/13 T E Narasimhan, Gireesh Babu and Sharmishta Mukherjee/Business Standard
