Mumbai: The operator of Mumbai International Airport Limited (MIAL) GVK will require certification from the Ministry of Civil Aviation before it can practice its first right of refusal or bid for the Navi Mumbai International Airport Limited (NMIAL) Project, Sanjay Bhatia, Vice chairperson and managing director of CIDCO, the nodal agency in charge of the project, told FE on Wednesday.
The required certification from the Ministry of Civil Aviation should consent that the Hyderabad-based company's performance at the Mumbai airport project has been satisfactory and in accordance to the Ministry's expectations.
Mumbai's airport operator GVK was on Monday criticised by Committee on Public Undertakings (COPU), in a report tabled in Parliament, for making “highly irregular withdrawals” from the escrow account meant for fees collected from passengers to provide security. The civil aviation ministry also came under severe criticism from the parliamentary panel for allowing this to happen.
12/02/14 Rhik Kundu/Financial Express
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The required certification from the Ministry of Civil Aviation should consent that the Hyderabad-based company's performance at the Mumbai airport project has been satisfactory and in accordance to the Ministry's expectations.
Mumbai's airport operator GVK was on Monday criticised by Committee on Public Undertakings (COPU), in a report tabled in Parliament, for making “highly irregular withdrawals” from the escrow account meant for fees collected from passengers to provide security. The civil aviation ministry also came under severe criticism from the parliamentary panel for allowing this to happen.
12/02/14 Rhik Kundu/Financial Express
