Sunday, February 16, 2014

Bidding for privatisation of 6 AAI airports deferred again

New Delhi: Putting a question mark on the entire project of privatising six major airports developed by Airports Authority of India (AAI) including Kolkata and Chennai, the bidding process has been postponed once again till mid-March.
This is the third postponement since November last year when the process was formally started, official sources said on Saturday.
Problems have arisen on the drafting of the concession agreement that is to be signed between the selected private party, the AAI and the Civil Aviation Ministry to give effect to the contract, the sources said.
The due date of application for the Request for Qualification was pushed earlier from January-end to February 17 for four airports at Chennai, Kolkata, Lucknow and Guwahati and to February 12 for Jaipur and Ahmedabad. These dates in February have now been further postponed to March 17.
16/02/14 PTI/The Hindu
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