Friday, May 11, 2018

Tenders for Jewar airport by year-end

Mumbai: The bids for Jewar airport will be invited by end of this year and the government will have removed a certain regulatory uncertainty by then so as to attract foreign airport operators and bring in more competition into the bidding process, said a top official from the ministry of civil aviation on Thursday.
The airport would be the first one with no regulatory uncertainty, said Rajiv Choubey, secretary, ministry of civil aviation who was in Mumbai on Thursday to attend a US-India aviation summit. “The airport bidding document will have the tariff structure listed upfront,” he said. The tariff will be pre-indicated in the document by the bidder and so there will be no uncertainties on how much tariff the airport operator can levy if they bag the contract, Choubey said.
11/05/18 Times of India