New Delhi: For the second time, state-owned Airports Authority of India (AAI) has rejected Singapore's Changi Airport proposal to operate and maintain Jaipur and Ahmedabad airports after finding the latest plan "unfeasible".
Now, AAI would move ahead with steps to start the international bidding process for choosing the entities to operate and maintain the two domestic aerodromes.
The proposal to rope in Singapore's Changi airport for the projects was floated during Prime Minister Narendra Modi's visit to the island nation last November.
The revised plan from Changi Airport, owned by the Singapore government, also sought a "higher" quantum of revenue in managing Jaipur and Ahmedabad aerodromes. This is "unfeasible" and not commercially viable for AAI, a source close to the development said.
27/06/16 PTI/Economic Times
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Now, AAI would move ahead with steps to start the international bidding process for choosing the entities to operate and maintain the two domestic aerodromes.
The proposal to rope in Singapore's Changi airport for the projects was floated during Prime Minister Narendra Modi's visit to the island nation last November.
The revised plan from Changi Airport, owned by the Singapore government, also sought a "higher" quantum of revenue in managing Jaipur and Ahmedabad aerodromes. This is "unfeasible" and not commercially viable for AAI, a source close to the development said.
27/06/16 PTI/Economic Times
