Friday, November 29, 2013

AAI plans to charge lease rental on six airport assets

New Delhi: Six airports that are on the block in the second phase of airport privatisation are likely to pay lease rental for using assets created by the Airports Authority of India (AAI).
"These lease rentals will be a fixed charge to be paid monthly and spread over the concession period to recover the cost of construction of the respective airport. We are working to add this clause in the model concession agreement (MCA) that we are compiling," said a senior AAI official, who did not want to be identified.
Airports in Chennai, Kolkata, Jaipur, Lucknow, Guwahati and Ahmedabad are up for privatisation. The AAI's Key Infrastructure Division (KID) is preparing the concession agreement for the award of these airports.
The agreement is being prepared afresh after the civil aviation ministry decided to do away with the Planning Commission's draft of the MCA.
29/11/13 Mihir Mishra/Indian Express
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