Lucknow: The proposed privatisation of Amausi airport in Lucknow failed to attract private investment yet again on Tuesday with the ministry of civil aviation deferring the date for submission of request for proposal (RFP) by bidders for the ambitious project till February 17. This is the third time that the ministry has failed to attract private parties to take up the Lucknow airport even as its employees threaten of going on a strike on February 10 against the proposed move.
Informed sources said that the ministry may consider amending some of the clauses to woo private parties in taking up the airport. One of the most important clause is the investment bracket of Rs 500 crore within a set period. Initially, at the time of proposing privatization of Lucknow airport, the ministry had set the limit of investment of Rs 500 crore within a year. This was later relaxed to three years. A senior airport official said that the ministry may now consider easing the clause even further.
29/01/14 Times of India
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Informed sources said that the ministry may consider amending some of the clauses to woo private parties in taking up the airport. One of the most important clause is the investment bracket of Rs 500 crore within a set period. Initially, at the time of proposing privatization of Lucknow airport, the ministry had set the limit of investment of Rs 500 crore within a year. This was later relaxed to three years. A senior airport official said that the ministry may now consider easing the clause even further.
29/01/14 Times of India
