New Delhi: For the first time, Airports Authority of India (AAI) plans to raise funds through various means, including loans, to meet its capital expenditure needs in the next fiscal, a senior official said.
The state-owned airports operator is preparing to develop more number of aerodromes in different parts of the country, including as part of the ambitious regional air connectivity scheme.
"AAI enjoys a very good credit rating and like any other organisation is planning to leverage debt and raise funds through loans, borrowings, debts...," its Chairman Guruprasad Mohapatra told PTI in a recent interview.
He noted that efforts would also be made to raise funds by way of internal resources, budgetary support or grants from the central government to meet the capital expenditure requirements.
21/01/18 PTI/Economic Times
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The state-owned airports operator is preparing to develop more number of aerodromes in different parts of the country, including as part of the ambitious regional air connectivity scheme.
"AAI enjoys a very good credit rating and like any other organisation is planning to leverage debt and raise funds through loans, borrowings, debts...," its Chairman Guruprasad Mohapatra told PTI in a recent interview.
He noted that efforts would also be made to raise funds by way of internal resources, budgetary support or grants from the central government to meet the capital expenditure requirements.
21/01/18 PTI/Economic Times
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