Chennai: Chennai airport’s privatisation process was expected to get over by June 2014, but it has now missed the schedule with a lot of procedural delays from the government side.
As per schedule, the Airports Authority of India (AAI) was supposed to award the bid to a company by this month, but the project has got delayed by four months. The AAI had lagged behind in the queries-response stage that was to happen in October last year.
On Monday, AAI extended the application due date for submitting RFQ to operate, manage and develop Chennai airport at an indicative cost of Rs 1,200 crore to February 17. “The last date for filing of application was January 28, but due to some issues, we have postponed it to February 17,” said Anuj Aggarwal, who heads the key infrastructure development cell of AAI, which is instrumental in executing the PPP process in identified airports.
The AAI would utilise the period to finalise the concession agreement that will contain the actual scope and cost of the project. The project includes construction of new domestic terminal, a parallel taxi track and re-carpeting of the main runway, modification of old international terminal building, connectivity of metro rail, construction of common user cargo terminal and construction of multi-level car park.
28/01/14 S. Sujatha/Deccan Chronicle
To Read the News in full at Source, Click the Headline
As per schedule, the Airports Authority of India (AAI) was supposed to award the bid to a company by this month, but the project has got delayed by four months. The AAI had lagged behind in the queries-response stage that was to happen in October last year.
On Monday, AAI extended the application due date for submitting RFQ to operate, manage and develop Chennai airport at an indicative cost of Rs 1,200 crore to February 17. “The last date for filing of application was January 28, but due to some issues, we have postponed it to February 17,” said Anuj Aggarwal, who heads the key infrastructure development cell of AAI, which is instrumental in executing the PPP process in identified airports.
The AAI would utilise the period to finalise the concession agreement that will contain the actual scope and cost of the project. The project includes construction of new domestic terminal, a parallel taxi track and re-carpeting of the main runway, modification of old international terminal building, connectivity of metro rail, construction of common user cargo terminal and construction of multi-level car park.
28/01/14 S. Sujatha/Deccan Chronicle
