Monday, November 04, 2013

Delayed: Chennai, Kolkata airport privatisation

New Delhi/Chennai: The privatisation of Chennai and Kolkata airports will be delayed as the Airports Authority of India (AAI) has extended the deadline for short-listing the operator.
In the case of Chennai, the date has been extended by seven weeks to December 23, and for Kolkata, from November 25 to January 20.
For the Ahmedabad airport, too, the short-listing date has been extended to January 20 from November 20.
The only exception is Lucknow airport, where the date has been advanced to November 27 from December 15. The schedule for bidding will be announced separately.
In the case of Chennai, the AAI originally planned to open the bids on January 21, award the letter to the successful bidder within 30 days, and sign the concession agreement in the next 30 days. The entire process has now been delayed.
04/11/13 Business Line
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