New Delhi: In an attempt to protect consumers and airlines from escalating prices at private airports, the Ministry of Civil Aviation may, for the first time, seek tariff-based bids from companies seeking to operate airfields at Jaipur and Ahmedabad.
Bidders quoting the lowest tariff would win the projects, two government officials said. The move is aimed at curbing sharp increases in charges at airports after they are privatised, as seen in some cases that were awarded on a revenue sharing basis."The model is being discussed...the cost that the prospective airport operator would incur in terms of expansion or construction would be known to the bidder beforehand. Airports Authority of India would either ask for a one-time charge for using the infrastructure or lease rentals... Modalities are being discussed," explained a senior AAI official, who did not want to be identified.
14/11/14 Mihir Mishra/Economic Times
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Bidders quoting the lowest tariff would win the projects, two government officials said. The move is aimed at curbing sharp increases in charges at airports after they are privatised, as seen in some cases that were awarded on a revenue sharing basis."The model is being discussed...the cost that the prospective airport operator would incur in terms of expansion or construction would be known to the bidder beforehand. Airports Authority of India would either ask for a one-time charge for using the infrastructure or lease rentals... Modalities are being discussed," explained a senior AAI official, who did not want to be identified.
14/11/14 Mihir Mishra/Economic Times
