Thursday, August 13, 2015

AAI draws new plans for four airports proposed for PPP earlier

Chennai: With no bidding taking place under the public-private partnership (PPP) plan for four airports, the Airports Authority of India (AAI) has decided to go for the expansion and maintenance of the Chennai and Kolkata airports on its own; the Jaipur and Ahmedabad airports would be put through the operation and maintenance (O&M) contract route.

The AAI is planning to invest around Rs 1,400 crore in the expansion and maintenance of the Chennai and Kolkata airports, said an official. "We have decided to go with the O&M route for the Jaipur and Ahmedabad airports. Singapore Changi Airport and Zürich Airport (Switzerland) have expressed interest. The request for quotation (RFQ) route will apply," said Sudhir Raheja, member, planning, AAI. The authority will be investing around Rs 400 crore and Rs 1,000 crore in the development and management of the Kolkata and Chennai airports, respectively.
13/08/15 Business Standard
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